Despite the tense geopolitical situation and associated market disruptions, the Oetker Group managed to increase its sales organically by 6.3% to over EUR 6.9 billion in 2023. The group is forecasting moderate growth for the current financial year.
Grupo Bimbo’s net sales reached a record level for a second quarter at Ps. 100,366 million, a 4.1% increase. The adjusted EBITDA rose by 7.8%. In Q2, the company acquired National Choice Bakery, a US-based bagel producer.
ARYZTA has achieved an underlying net profit of EUR 45.6 m in FY 2022, the first profit in many years. Despite current market challenges including inflation, the company anticipates further improvements .