date:May 04, 2014
n the first quarter of 2013. The quarterly results included integration costs of $45 million, versus only $24 million a year earlier. The integration costs were in connection with the companys 2012 acquisition of the North American fresh bakery operations of Sara Lee Corp.
Quarterly sales for the U.S. business of Bimbo were 18,415 million pesos ($1,405 million), up narrowly from 18,216 million pesos in the first quarter last year.
On the conference call, Daniel Servitje, chairman and chief exe