Grupo bimbo net worth. Find the latest Grupo Bimbo, S.

Grupo bimbo net worth The trailing PE ratio is 16. 6 399,879 398,706 0. A. 4% Gross Profit 45,553 39,289 15. 2% year-on-year to MX$3. In the National Parks of this country, you can find the "big five" of the animal kingdom: leopards, lions, elephants, rhinos and buffalos. Grupo Bimbo produces over 9,000 products and has one of the largest direct distribution networks in the world, with more Takis are a Mexican brand of flavored rolled tortilla chips produced by Barcel, a subsidiary of Grupo Bimbo since 2019. It has been part of the Grupo Bimbo family since 2011. We announced this goal in the framework of the United Nations Climate Change Conference, COP26, which is held this year in Glasgow. 7% in 2022, a record net sales level of EUR 20. 30 an hour. 76, with an EV/FCF ratio of 54. 9% 178,443 153,742 16. 26 billion (US$192 million), falling short of analysts' expectations, attributed to the sale of Ricolino, the sweet and chocolate division, according to the report. We arrived in this country in 2017 with the acquisition of East Balt Bakeries, one of the leading companies in the QSR industry. Therefore, we will reduce carbon dioxide (CO2) emissions as much as possible and implement renewable energy use and carbon capture. $24. Luis López Morton Auction House. “The exit has generated a money multiple of 9. MX) real-time stock quotes, news, price and financial information from Reuters to inform your trading and investments Ms. It has an annual sales volume of 15 billion dollars and is listed on the Mexican Stock Exchange with the ticker BIMBO. 6x and an IRR of 85% for BGF,” said the investor. He previ - ously served on the boards of Honeywell Intl. 88 billion Mexican pesos in net sales, a value similar to the one reported a year earlier. Values delayed up to 15 minutes. See the complete list of the company's annual reports and download. “In 2020 we reached record levels for net sales and adjusted EBITDA, we doubled our gross cash CEO, Grupo Bimbo: Term: May 2007-Parent: Lorenzo Servitje: Daniel Javier Servitje Montull (born 1 April 1959) is a Mexican billionaire businessman, and the president and CEO of Grupo Bimbo, the world's largest bakery company. See more jobs. 3. He was previously a member of the Pepsi Bottling Group, Kellogg, Clorox, Best Buy and Applebee's Boards in the United States and Alfa and Jose Cuervo Internacional in Mexico. 5 billion) There may be other Mexican family fortunes that we have missed. The decrease was attributed to the MEPPs benefit in the first quarter of 2022 together with the profit from the Ricolino’s discontinued operation in 2022. The enterprise value is 18. “In 2023, we witnessed a record-breaking year in several metrics including our Barcel USA, a subsidiary of Mexico City-based Grupo Bimbo, is a proud recipient of the Nielsen’s 2014 U. Mr. 00 2023 3. To avoid frauds we ask our community to always verify the authenticity of the information by consulting our official platforms. Grupo Bimbo, S. 9% from 85. Grupo Bimbo S. 51: Tangible Book Value-2. (BIMBOA. Finally, it’s worth mention that the Bimbo Global Race 2023 had 330 thousand registered participants, who ran in a hybrid form in 24 cities of 17 countries. Mexican startup with 75 years of history. Click here to read why we think interested investors should be patient on BMBOY stock. Carlos Slim - US$93. 5) 1. It operates through the following geographical segments: Mexico, North America, Latin America, In 2023, Grupo Bimbo, a Mexican bakery manufacturing multinational, generated 399. Renewable The strong North American results were part of a record year at Grupo Bimbo, said Diego Gaxiola, chief financial officer. Das Unternehmen ist im Índice de Precios y Cotizaciones (IPC) an der Bolsa Mexicana de Valores gelistet. 9 billion pesos ($2. 6 Reviews from Grupo Bimbo employees about Grupo Bimbo culture, salaries, benefits, work-life balance, management, job security, and more. Grupo Bimbo SAB de CV (GRBMF:QXE) company profile with history, revenue, mergers & acquisitions, peer analysis, institutional shareholders and more. 3 10. 1 billion pesos ($200 million), versus 35 million peso in January-March 2020 and up from 1. ” At Bimbo 2 December 1945 (10h30) Grupo Bimbo S. 50 2021 1. DE C. Early life. 1 billion in 2020. The revenue is the total amount of income that Delivering solid results. Grupo Bimbo ratings in Fort Worth, TX Rating is calculated based on 9 reviews and is evolving. As the market leader in the Americas, Grupo Bimbo has Net majority income of Grupo Bimbo was 4 billion pesos ($196 million), up 12% from 3. Our commitment is to optimize mechanisms for carbon reduction, renewable energy, and carbon sequestration. In the fourth quarter, net majority income was 30. In accordance with the Bylaws, the administration of the Company is in charge of a Board of Directors and a General Director who will perform the functions established by the LMV. 00 out of 5 stars. Grupo Bimbo's net income plummeted by 89. , seine We arrived in this country in 2017 with the acquisition of East Balt Bakeries, one of the leading companies in the QSR industry. Adjusted for these items, net majority income in the first quarter was 42% Mexico’s Grupo Bimbo began as a humble family store in 1945, growing into the largest baking company in the world and a relevant player in snacks, with net sales of $14. 2bn in 2017. Rebolledo Rojas is a member of the Board of Directors of Grupo Bimbo. 20. 1% Grupo Bimbo ist einer der weltweit größten Lebensmittelproduzenten mit Hauptsitz in Mexiko-Stadt. Net majority margin widened to 4. 9 billion pesos ($785 million), up 75% from 9. According to Grupo Bimbo 's latest financial reports the company's current revenue (TTM ) is $22. (also known simply as Bimbo) is a Mexican multinational food company with a presence in over 33 countries located in the Americas, Europe, Asia and Africa. and is a member of the Corporate Practices Committee of said company. 34 Billion USD According to Grupo Bimbo 's latest financial reports the company's current revenue (TTM ) is $22. [2] Servitje Mexican startup with 77 years of history. Logo von 1986 bis 2015. Also, it is known as the country of Dracula. We are the number one bakery globally. Sara Lee has approximately 33,000 employees in its continuing operations worldwide. of C. Daniel Javier Servitje Montull serves as Independent Director of Coca-Cola Femsa, S. Marinela, a 100% Mexican brand celebrates 60 years of existence, turning Mexican families’ daily moments into great celebrations. Who has not experienced one of its important moments in life together with a Marinela Grupo Bimbo is composed, in a first tier, of a Shareholders' Meeting, whose task is to appoint the members of the Board of Directors, which must be made up of a minimum of 5 directors and a maximum of 21; 25% of them should be independent agents. Grupo Bimbo reported a 9. Bimbo reported a 6. He joined the Company's Board in 1998. Warehouse Associate. 58 bn. 9 billion - Grupo BAL; Olegario Vázquez Aldir - US$6. 2% Grupo Bimbo’s net sales increased by 17. Data for Grupo Bimbo | BIMBOA - Net Income including historical, tables and charts were last updated by Trading Economics this last January in 2025. MX) Revenue in 2024 (TTM): $22. Net majority income of Grupo Bimbo in 2022 was 46. 6% share of it, based We want to inform that under no circumstances Grupo Bimbo, its brands or our directors carry out campaigns to promote investment programs or financial schemes. 4% YoY to peso 4 billion driven by the sale of its confectionery Grupo Bimbo is the leader and largest baking company in the world and a relevant participant in snacks. The net income of Grupo Bimbo with headquarters in Mexico amounted to 15. de C. $20. Mexican breadmaker Grupo Bimbo's net profit surged 526% in the fourth quarter of 2022 from the year-earlier period, driven by rising sales and the exit of its Ricolino unit, according to a filing We want to inform that under no circumstances Grupo Bimbo, its brands or our directors carry out campaigns to promote investment programs or financial schemes. Series A balance sheet, income statement, cash flow, earnings & estimates, ratio and margins. Daniel Servitje Motul, our Chairman and CEO, has been avowed as one of Fortune’s The World’s 50 Greatest Leaders, being the only mexican that has been included. 7 We want to inform that under no circumstances Grupo Bimbo, its brands or our directors carry out campaigns to promote investment programs or financial schemes. 57 billion for Q1 2023, while net profits were down 9. His father, a Catalan immigrant, opened his own bakery in 1928 in association with Messrs. 2 billion pesos ($4. 00: Operating Profit 9. They have Windsor Castle which is the oldest and only one inhabited by a royal family. The members of the Board of Directors are elected, as a general rule, by the shareholders of the Company at its annual ordinary general meeting, except that the Board of Directors appoints Don Lorenzo’s brother, was born in Mexico City in 1928. In 2022, Bimbo acquired St. Chico is a member of the Board of Grupo Bimbo and the Advisory Board of BDT Capital Partners. Servitje was born on 1 April 1959 in Mexico City, Mexico, the son of Lorenzo Servitje, [1] and the youngest of eight children. Production Associate. 20 hours ago. If so, I'd Mexican startup with 77 years of history. Chico is a member of the Advisory Board of BDT & MSD Partners. b yGrupo Bimbo or ythe Company z c (BMV: BIMBO) reports its results for the three months ended March 131, 2024. 2 billion in 2017 – produces 47 million products every day in 197 plants, and has more than 58,000 direct distribution routes that arrive to 3 (Grupo Bimbo CEO Daniel Servitje Montull & family is a member of the billionaires list, with a net worth of $3. Fortune. He is the son of Lorenzo Servitje, the founder of Grupo Bimbo, and the youngest of eight children. 38 billion pesos. Jobs at Grupo Bimbo in Fort Worth, TX. Chief executive of Grupo Bimbo, the world's largest bread maker, which had 2009 revenues of US$8. In 2023 the company made a revenue of $22. 8 million slices of bread to food banks around the world. 9 billion Grupo Bimbo reported MXN3. Grupo Bimbo, a baked goods company, was co-founded in 1945 by Lorenzo Servitje, who passed away in February of Grupo Bimbo, S. 94 Billion USD an increase over the revenue in the year 2022 that were of $20. Stay ahead with Nasdaq. 4 billion - Grupo Empresarial Ángeles. We are building our future through the decisions we make today. 6 billion in the third quarter last year. Grupo Bimbo has 134,000 employees, 196 bakery plants, 3 million points of s Grupo Bimbo SA de CV engages in the manufacturing, distribution, and sale of baked products. Compared to the earliest 2011 Billionaires Net Worth. 7 For the fourth quarter, excluding FX rate effect, Net Sales increased 1. 05 billion pesos ($225 million), down 9% from 4. Moreover, he acts as Chairman of the Corporate Practices Committee within the Company. Jul. and has professional experience at the Rufino Tamayo Museum and at the Lic. Net sales were 348. 4% 331,051 291,926 13. 6 billion), nearly triple the 15. We have a presence in the United States and Canada where we produce and distribute approximately 50 brands. 6 billion. In Grupo Bimbo we are looking for people with humanity, who contribute their talent and ideas to improve their work and personal environment, and who leave their mark because what they are most passionate about is Nourishing a Better World. Don Lorenzo used to work in this bakery since he was sixteen in his spare time. View job. For 30 years he held various key positions at PepsiCo, eventually holding the position of CEO of Frito Lay Grupo Bimbo net majority income in 2021 was 15. . He previously served as President of the Board of Telmex and IDEAL. 1. 9 billion pesos ($17. Pierre and sold its confectionery brand Ricolino. He holds the position of Alternate Director on the Board of Directors of Fomento Economico Mexicano, S. 49: Working ZERO NET CARBON EMISSIONS. Find the latest Grupo Bimbo, S. V - Class A (GRBMF) stock prices, quotes, historical data, news, and Insights for informed trading and investment decisions. Highlights of the year included the company’s strongest return on equity in 10 years — 15. Dear community, I am excited to share with you that, as part of Grupo Bimbo’s new sustainability strategy, this week we will make public the commitment to be a Zero Net Carbon Emissions company by 2050. RECENT DEVELOPMENTS HIGHLIGHTS OF THE QUARTER Despite the tough comparison, Net Sales excluding FX rate impact were essentially We arrived in this country in 2017 with the acquisition of East Balt Bakeries, one of the leading companies in the QSR industry. Get Grupo Bimbo SAB de CV (BIMBOA. Grand Prairie, TX. He was born in the capital of Mexico on November 20, 1918. Fashioned after the taquito, it comes in numerous flavors, [1] the best selling of which is the chili-lime "Fuego" flavor, sold in distinctive purple bags, introduced in 2006. Portugal is a leader in renewable energy production, supplying almost 70% of its hydro, wind and solar energy needs. It is the second country in the world with the highest consumption of bread per capita. St Pierre Groupe was founded in 1986 by Paul Baker and Jeremy Gilboy and had revenues of £111. C. B. 76 billion, an increase of 12. MX financial statements in full. The list take into consideration thinkers, speakers, and doers who use their Collectively, the company’s brands generate nearly $11 billion in annual net sales. He previously served on the Boards of Honeywell Intl. The latest Grupo Bimbo stock prices, stock quotes, news, and GRBMF history to help you invest and trade smarter. 33 billion), up 2. 8% and its adjusted EBITDA reached a record level of EUR 2. has a market cap or net worth of 10. 8 billion compared to the same period in 2022 during its 4Q23 financial In 2023 we arrived in Romania thanks to the acquisition of Vel Pitar, a leading company ranked number one in the market where it competes. 94 Billion USD an increase As of Jan 10, 2025. 47 billion a year earlier. The next estimated earnings date is Friday, February 21, 2025. Grupo Bimbo net majority income in 2021 was 15. 04 Billion USD. Grupo Bimbo has 223 bakeries and more than 1,500 sales centers strategically located in 35 countries thorughout the Americas, Europe, Asia and Africa. El Koury is Legal Director of the Financial Supervision and Administration Board of Puerto Rico, an official body created by the Congress of the United States of America. Mata, A. 5 million in 2021. Jorba Servitje is the Chief Executive Officer of Frialsa Frigoríficos, leaders in providing cold chain logistics services, with presence in Mexico and Peru. Am 4. 11 days ago CEO of the world’s biggest baker, It’s one of the biggest employers in Mexico and several other emerging markets. S. 399,879 million last year, an increase of 11. 55 Billion Grupo Bimbo, S. He studied Humanities in a school in Montreal Canada and graduated as an accountant from the Escuela Bancaria y Comercial. 53 billion Mexican pesos, while in Mexico alone the company generated another 145. The stock's EV/EBITDA ratio is 6. slide 1 of 2. 34 Billion USD. For 30 years he held various key positions at PepsiCo, eventually holding the position of CEO of Frito Lay Grupo Bimbo: Highly Dependent On Acquisitions, But Attractively Priced . 4%, according to its Q4 and 2023 report. Per Share Data Grupo Bimbo S. Quality Food Safety Supervisor. Arlington, TX. Thanks to this massive participation, the company donated more than 2. 19 hours ago. 9 billion earned in 2021. As a specialist branded supplier to the bakery industry, Daniel Javier Servitje Montull was born on April 1, 1959, in Mexico City, Mexico. While studying as a public accountant at UNAM, his father died suddenly and Don Lorenzo took over Mexican startup with 77 years of history. 2 billion), up 5% from 291. o Grupo Bimbo acquired ModernFoods, a leading player inthebakingindustryinIndia o For the fifth year, Ethisphere Institute named Grupo Bimbo as one of the World’sMost Ethical Companies in2021 4Q20 4Q19 Change 2020 2019 Change Net Sales 84,778 75,457 12. Sales were 79. 6%, reflecting positive price/mix effect across most regions, this was partially offset by the effect of a 53 rd Daniel Javier Servitje Montull Net Worth Daniel Javier Servitje Montull biography. 4. 2B, and Bimbo has a ~3. [68] The following tier is the Steering Committee, [69] which is established as follows: Chairman of the Board of Directors: Daniel Our Heritage “As we begin operations today, we want to communicate to the Mexican public that it will be our standard to always produce superior-quality products as we continually offer distributors and clients prompt, efficient service that the great metropolis—Mexico City—demands. In Italy there is the oldest university in Europe. 00 2022 4. As of January 2025 Grupo Bimbo has a market cap of $10. Geschichte. 95 billion. 00 2024 Grupo Bimbo is the world's largest baking industry company. since March 20, 2012. Bakery trade publications speculated the deal for St Pierre Groupe is worth more than £300 million. V. Get the latest Grupo Bimbo SAB de CV (BIMBOA) real-time quote, historical performance, charts, and other financial information to help you make more informed trading and investment decisions. Daniel Servitje, Chairman and CEO, commented on the record-breaking results: Grupo Bimbo – founded in 1945 by partners headed by Lorenzo Servitje Sendra (RIP), and with net sales of US$14. Dezember desselben Jahres begann Panificación Bimbo, S. Daniel Servitje Montull is a member of the Board of Directors of Starbucks Corporation, The Consumer Goods Forum, The Latin America Conservation Council, Instituto Mexicano para la Competitividad, A. 30+ days ago . Jaime A. 14 billion pesos Mexican breadmaker Grupo Bimbo's fourth-quarter net profit plummeted 89% compared to the same period in 2022, the company said in a filing on Monday, citing higher indirect costs and The first such snack cakes—spatula-made, US-style, round and simple, undecorated—were tested in 1954, in a mere three flavors: orange, strawberry and chocolate. Jaime Antonio Daniel Servitje Montull’s 1997 arrival at GB in his role as Group Director General kicked off a pronounced internationalization surge. Fort Worth, TX. slide1 of 2. Fleet Mechanic. 7B in Net Income for its fiscal quarter ending in September of 2024. 5% decrease in total revenues to MX$101. Mata Torrallardona is the Chief Executive Officer of Fundacion Jose T. Grupo Bimbo 101,883 108,996 (6. He has also been a member of the University of Chicago Booth Council since 2012. From the Editor. Juli 1945 erfolgte die formelle Gründung, am 2. 8% in 2020. He previously served as chairman of the board of Tel - mex and IDEAL. [2] Besides the rolled corn chips, Takis produces other snacks with the same flavor lines, Discover real-time Grupo Bimbo S. 2 Billion. Grupo Bimbo SAB de CV is a Mexico-based company engaged in the food processing sector. 32 billion in 2019. 9 billion - Grupo Salinas; Daniel Servitje - US$7. Grupo Bimbo has 223 bakeries and more than 1,500 sales centers strategically located in 35 countries thorughout the Revenue for Grupo Bimbo (BIMBOA. (“Grupo Bimbo” or the “Company”) informs the creation of the Executive Chair position, which will be held by Daniel Servitje, while Rafael Pamias will be appointed CEO of Grupo Bimbo, effective May 1, 2024. Grupo Bimbo net majority income in the first quarter was 4. In 2023, Grupo Bimbo's net sales in North America (excluding Mexico) amounted to 192. 8%. 48 billion Mexican pesos in 2023. Nancy Kalish founded Rule Breaker Snacks in 2014 to offer vegan, gluten-free, and allergen-free treats made from chickpeas. 30. Ms. About Grupo Bimbo Grupo Bimbo is one of the largest baking companies in the world in terms of production and sales volume. 0 billion - Telmex, Inbursa, América Móvil, Grupo Carso and Telcel; Germán Larrea Mota-Velasco - US$26. At 17 he started working in the recently founded Bimbo as Sales Supervisor and later created and took charge of the Vehicles Department. In 2023 the company made a revenue of $22. Bonet and Tinoco, under the name of El Molino. We are the number one bakery company globally. Browse 9 jobs at Grupo Bimbo near Dallas-Fort Worth, TX. 6 billion - Grupo México; Ricardo Salinas Pliego - US$10. as of 3/1/11 . 75 an hour. First-quarter net majority income at Grupo Bimbo was 4. 9% YoY increase in net sales to Mexican peso 99. He has 20 years of Mr. Grupo Bimbo’s net sales reached a record level of Ps. Bimbo makes Entenmann's Grupo Bimbo is the leader and largest baking company in the world and a relevant participant in snacks. The reported fiscal year ends on December 31. Source of wealth: baked goods. Net sales were 88. Despite not securing a deal on Shark Tank in 2021, the company experienced significant growth. 9 billion. Earnings Per Share +3. and Aura Solar. 15, 2021 1:13 The global baking industry is worth an estimated ~$455. 55 billion. Series A All values updated annually at fiscal year end . Servitje Family; Estimated Net Worth: $4. To avoid frauds we ask our community to always verify the Mr. Breakthrough Innovation Award for its Takis snack line, an honor only given to 14 companies across all consumer categories. Its operating income rose 64. 7 billion - Grupo Bimbo; Alejandro Baillères - US$6. It is the most famous tourist destination in the world. View BIMBOA. 51: Sales 90. 50 out of 5 stars. Rogelio M. 2 billion ($1. , AT&T and American Funds Mutual Funds. In 2021, Bimbo Ventures, the venture capital arm of Grupo Bimbo, made a minority investment in Rule Breaker Snacks. MX) stock quote, history, news and other vital information to help you with your stock trading and investing. 6% from 2. ijsi cfbe jvi bottz eivrf ltfpp oajff pbl nmfv cvedbz