Grupo Bimbo sales
Bimbo white toast bread Blanco Mediano packaging supermarket in Mexico.

01 Nov: Grupo Bimbo reports third quarter 2023 results

Grupo Bimbo’s net sales in Q3 – 2023 reached a record level excluding FX rate impact, growing 8.2% due to favorable price/mix across regions, according to its results for the three months ending on September 30, 2023. Its adjusted EBITDA reached historic levels, Bimbo reports: excluding FX rate impact, it increased by 9.5% and the margin expanded 50 basis points, reaching 14.6%.