The non-governmental organization Carbon Disclosure Project (CDP) gave the bakery the highest score a company can reach, placing it on "The A List 2022" in recognition of its environmental actions.Grupo Bimbo is the only Mexican food company that has obtained CDP’s highest rating.Grupo Bimbo participated alongside a cohort of 15,000 global companies, only 2% of which were credited with CDP’s prized "A" rating. MEXICO CITY, Jan. 18, 2023 (GLOBE NEWSWIRE) -- Grupo Bimbo, the world’s largest baking
Mexico's President Andres Manuel Lopez Obrador said in a tweet on Tuesday he met with the chief executives of U.S. snack company Mondelez International Inc and Mexican breadmaker Grupo Bimbo . He added that Mondelez would pay more than 6 billion pesos ($312 million) in taxes in its purchase of Grupo Bimbo's confectionery business, Ricolino.
Mexico's Grupo Bimbo on Thursday posted a 51% year-on-year jump in its third-quarter net profit, beating estimates, boosted by strong sales and product price increases to tackle rising inflation. Grupo Bimbo's earnings stood at 6.06 billion pesos ($301 million) in the July to September period, the company said in a statement, well above the 4.1 billion pesos anticipated by analysts, according to Refinitiv. The firm is eying new price increases for 2023, as the rate of inflation keeps rising, its Chief Executive Daniel Servitje said in a call with analysts to discuss results.