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Grupo Bimbo profit plunges
date:Oct 31, 2012
acquired for $675 million last year.

Grupo Bimbo is set to post a decline in profit of around 8.3% to 4.89 billion pesos, according to a poll of analysts by Bloomberg.

However, sales were up 35% to 43.4 billion pesos, led by gains in Mexico (+8%) and Central America (+20%). The firm also reported a 65% increase in US bread sales.

12/22 09:58