Global Industry: Grupo Bimbo closed 2018 on record level

Hamburg. (bm) Grupo Bimbo S.A.B. de C.V. closed 2018 achieving record levels in net sales, as well as in gross profit, operating income, and adjusted Ebitda. Global net sales increased 7.8 percent in 2018, reaching 288’266 million Pesos. These record figures are mainly due to the outstanding performance of the company in Mexico and North America, regions which growth stood at 10.5 percent and 4.5 percent, respectively. The acquisitions of Bimbo QSR, and Mankattan in China also contributed to that growth. Other topics of the week:

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• Hostess Brands: Announces Third Quarter 2018 Result [US] Fri 03-01
• George Weston Limited: Reports Q4 and FY-2018 Results [CA] Fri 03-01
• Campbell Company: Reports Q2-2019 Results [US] Fri 03-01
• Middleby Corporation: Reports Q4-2018 and FY Results [US] Fri 03-01
• AAK: Acquires Foodservice Company BD Foods [SE] Fri 03-01
• Gruma: reports fourth quarter 2018 results [MX] Thu 02-28
• Papa John’s: Announces Fourth Quarter 2018 Results [US] Thu 02-28
• Wasabröd: Achieves 100 Percent Carbon Neutrality [IT] Thu 02-28
• Smucker Company: Announces Q3 Fiscal 2019 Results [US] Thu 02-28
• Bagel Meister: is Expanding through Franchising [US] Thu 02-28
• U.S. Packaged Cookie Market Sales Reach USD 11 Billion [US] Thu 02-28
• B+G Foods: Reports Financial Results for Q4 and FY-2018 [US] Wed 02-27
• B+G Foods Announces Leadership Appointments [US] Wed 02-27
• Campbell Company: sells Garden Fresh Gourmet [US] Wed 02-27
• Starbucks Company: Opens «Reserve» Roastery in Tokyo [US] Wed 02-27
• Independent: Schwan’s Home Service Embarks on New Journey [US] Wed 02-27
• Conagra: Completes Divestiture Of «Wesson» Oil Brand [US] Wed 02-27
• ABF: H1-2019 Pre Close Period Trading Update [UK] Tue 02-26
• Finsbury Food: announces H1-2018-2019 interim results [UK] Tue 02-26
• SunOpta: sells Specialty and Organic Soy and Corn Business [CA] Tue 02-26
• Hain Celestial: Completes Sale of Plainville Farms [US] Tue 02-26
• Domino’s Pizza: Announces Q4-2018 Financial Results [US] Mon 02-25
• Bunge Reports Q4 and Full-Year 2018 Results [US] Mon 02-25
• Grupo Bimbo: closed 2018 achieving record levels [MX] Sat 02-23
• Wendy’s Company Reports Preliminary 2018 Results [US] Sat 02-23