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:
Gruma S.A.B. de C.V.
sales of 77.39 billion Mexican Pesos [US$3.70 billion]
of which 55%
Grupo Nutresa SA
(9.96 trillion Colombian Pesos [US$2.68 billion]
of which 20%
was Meat), and
based in PERU
(9.87 billion Peruvian Sols [US$2.80 billion]
of which 51%
was High Volume Products).
During the year ended December of 2019, sales at
Grupo Bimbo S.A.B. de C.V. were 291.93 billion Mexican Pesos (US$13.94 billion).
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.