Investor Presentaiton
•
Quarterly Results
HIGHLIGHTS
Net Sales reached a record level excluding FX rate
impact, growing 8.2% due to favorable price/mix
across regions
Adj. EBITDA¹ reached historic levels, excluding FX
rate impact, increasing 9.5% and the
the margin
expanded 50 basis points, reaching 14.6%
• Net Majority Income decreased 31.0% in peso terms
due to the FX rate impact and the MEPPS3 non-cash
benefit registered during 3Q22 and the margin
contracted 170 basis points to 4.2%
• Return on Equity³ closed at 14.6%
• Net Debt/ Adjusted EBITDA ratio closed at 2.0x
RECENT DEVELOPMENTS
■ Grupo Bimbo now has 27 countries
(including USA and Mexico), out of 34,
operating under 100% renewable
electricity
Grupo Bimbo acquired Mile Hi Bakery in
Colorado, U.S., that produces buns and
English muffins for the QSR channel
▪ The Company acquired the majority
stake of its QSR operations in
Switzerland, and now it owns 60% of the
business
■ Grupo Bimbo held the 2023 Bimbo
Global Race, and thanks to more than
300 thousand participants, including 180
thousand virtual runners, more than 2.8
million slices of bread are being
donated to food banks around the world
(1) Adj. EBITDA: Earnings before interests, taxes, depreciation, amortization and MEPPS. (2) Multiemployer Pension Plans ("MEPPS"). (3) Adjusted with MEPPS non-cash charges and Ricolino's divestiture.
(4) Does not include IFRS16 effect.
3View entire presentation