The world’s largest baking company has racked up yet another accolade on the coveted list: as the best Mexican company in the world; in fourth spot within the global F&B category; and 113 overall out of the 750 companies analysed.
The Mexican bakery giant reported a doubled second-quarter net profit and raised its sales and operating earnings outlook, citing strong demand from regions including the US and Europe.
The Mexican bakery giant has marked the 10th anniversary of its factory and fleet automation initiative with the announcement of further upgrades and investments.
The master baker, entrepreneur, philanthropist and son of the founder of Entenmann’s – who help grow his family’s bakery into a powerhouse brand in the Grupo Bimbo stable – died in Key Largo, Florida, on 24 February 2022, aged 92.
Grupo Bimbo has set its sights on the fast growing better-for-you cookie sector and swooped up Emmy’s Organics, a New York-based producer of ultra-premium organic cookies.
The Mexican bakery giant posted new highs for the second quarter – with a 16.2% increase in sales and adjusted EBITDA growing nearly 37% – as it motivated to revitalise those channels and categories that suffered during the pandemic.
Bimbo Bakeries USA (BBU) – a subsidiary of the Mexican bakery giant Grupo Bimbo SAB de CV – has launched a direct-to-consumer platform that delivers BBU brands to the doorsteps of consumers.
The world’s largest baking company has reported strong performance in Q3 2020, driven by better-than-expected results from its Sweet Goods category, which offset the drag from impulse items like on-to-go foods due to the pandemic.
The Bimbo Bakeries USA brand has launched the Mini Acts of Kindness Sweepstakes to highlight the need for bullying prevention and support non-profit STOMP Out Bullying.
