In the first three months of 2025, Grupo Bimbo recorded an increase of 10.8 % in its net sales, reaching MXN 103,726 million. Mexico and EAA achieved record net sales and EBITDA margins in the first quarter. The bakery observes it faced a tough consumer environment in North America.

Among recent developments in the reporting period, Grupo Bimbo acquired Karamolegos Bakery Romania. In this quarter, Grupo Bimbo was recognized as one of the Most Ethical Companies in the World for the ninth consecutive year.

Rafael Pamias, Grupo Bimbo CEO, comments: “We kicked off 2025 with solid trends in most markets and facing some challenges and areas of opportunity in others, while navigating highly volatile macroeconomic and political landscapes in the world’s leading economies. Despite these hurdles, our exceptional diversification and global presence enabled us to achieve record-breaking sales in the first quarter, at a consolidated level and for Mexico and EAA as well, which led to positive volume contribution on a global basis. Furthermore, we experienced high-single digit growth in EBITDA, showcasing the remarkable strength and unwavering commitment of our frontline teams.”

Diego Gaxiola, Grupo Bimbo CFO, also says: “We saw notable performance across key regions this quarter, with Net Sales reaching historic levels for a first quarter. This success was driven by our focus on innovation, productivity, and engaging both customers and consumers throughout most  regions. As anticipated, our EBITDA margin contracted due to the challenging environment in North America and the continued strategic investments we are making to transform this business. As we navigate through this volatile year, we remain confident to deliver value to our shareholders in the long-term.”

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