Grupo Bimbo S.A.B. de C.V. operates within the Bread, cake, and related products sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Grupo Bimbo S.A.B. de C.V. with three other
bakery and confectionary companies in Latin America:
Alicorp S.A.
of PERU
(2019
sales of 9.87 billion Peruvian Sols [US$2.88 billion]
),
Grupo Nutresa SA
of COLOMBIA
(9.96 trillion Colombian Pesos [US$2.67 billion]
of which 20%
was Meat), and
Gruma S.A.B. de C.V.
(77.39 billion Mexican Pesos [US$3.49 billion]
).
Sales Analysis.
During the year ended December of 2019, sales at
Grupo Bimbo S.A.B. de C.V. were 291.93 billion Mexican Pesos (US$13.17 billion).
This
is
a very small
increase of 1.3%
versus 2018, when the company's sales were 288.27 billion Mexican Pesos.
This was the fifth consecutive year of sales increases at Grupo Bimbo S.A.B. de C.V.
(and since 2014, sales have increased a total of 56%).
Sales of Europe saw an increase
that was more than double the company's growth rate: sales were up
4.2% in 2019, from
25.57 billion Mexican Pesos to 26.66 billion Mexican Pesos.
Grupo Bimbo S.A.B. de C.V. also saw significant increases in sales in
Mexico (up 2.8% to 102.69 billion Mexican Pesos)
.
Not all segments of Grupo Bimbo S.A.B. de C.V. experienced an increase in sales in 2019:
sales of Latin America fell 3.7% to 27.14 billion Mexican Pesos.