Gruma SAB de CVBMV: GRUMA/B

GRUMA/B: EBITDA rose 3% year-over-year despite lower sales, driven by innovation and margin gains

· Issued by Gruma SAB de CV

Q3 2024 saw stable operations with 1% lower volumes and 4% lower sales year-over-year, but EBITDA grew 3% as margin expansion and innovation offset distribution and logistics pressures. Better For You and international segments drove growth, while U.S. food service volumes are expected to recover in 2025.

Based on

This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.

Gruma SAB de CV on 6ix

Story so far

Earlier from Gruma SAB de CV

Later from Gruma SAB de CV

All Gruma SAB de CV news releases