date:Oct 31, 2012
acquired for $675 million last year.
Grupo Bimbo is set to post a decline in profit of around 8.3% to 4.89 billion pesos, according to a poll of analysts by Bloomberg.
However, sales were up 35% to 43.4 billion pesos, led by gains in Mexico (+8%) and Central America (+20%). The firm also reported a 65% increase in US bread sales.