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Gruma’s U.S. prices have increased more than 50% relative to 2017-2019 levels, but EBITDA margin has moved from 16.2% in 2019 to 16.9% in 2020, 15.9% in 2021, and 14.5% in 2022.
Gruma reported a 2% decline in revenue (in U.S. dollars) in the Mexican operations this quarter, with volume basically flat. Management blamed weather disruptions for some of the volume weakness ...
Francisco Martinez Saldivar is currently the Chief Operational Officer at Gruma SAB de CV. He previously worked as the VP & National Manager-Corn Procurement at Azteca Milling LP.
See the latest Gruma SAB de CV Class B stock price (GRUMAB:XMEX), related news, valuation, dividends and more to help you make your investing decisions.
Gruma SAB de CV (GPAGF) recently announced a dividend of $0.08 per share, payable on 2023-12-29, with the ex-dividend date set for 2023-12-27. As investors look forward to this upcoming payment ...
Reuters. FILE PHOTO: The logo of holding company Gruma, SAB de CV, engaged in corn and flour tortilla production across the world, is pictured at its headquarters in Monterrey, Mexico July 25, 2018.
Gruma said operating margin at Gruma USA grew 220 basis points during the second quarter to 14.4% from 12.2%. Meanwhile, cost of sales as a percentage of net sales improved 120 basis points to ...
Mexican tortilla-maker Gruma has obtained a $125 million loan it will use to refinance existing liabilities, it said in a statement on Tuesday. Skip to main content.
Gruma stock rating cut at JPMorgan to neutral. Open in App ...
Operating income at Gruma USA in the third quarter totaled $124.7 million, up 15% from $89.2 million in the year-ago quarter. Net sales increased 25% to $826.2 million from $659.3 million.
If you want to keep buying corn, you're going to be on your own." And by the way, the only producers at this point of masa harina are GRUMA and the Mexican government. So this is really a direct ...
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