Mexico City, Mexico, april 21, 2022 – Grupo Herdez, S.A.B. de C.V. (“Grupo Herdez” or the “Company”) (MSE: HERDEZ) today announced results for the first quarter 2022, ended March 31.
This quarter’s results are a reflection of our ability as a company and team to navigate challenging circumstances, achieving encouraging results in all segments, despite the complexity of the current environment.Héctor Hernández- Pons Torres, Chairman and Chief Executive Officer of Grupo Herdez
RELEVANT DATA OF THE QUARTER
- Net sales grew 21.5% versus the same quarter of the previous year, driven mainly by price increases.
- EBIT increased 29.3% to MXN 835 million, with margin expansion of 70 basis points to 11.7%
- Consolidated net income was MXN 464 million, 14.3% lower than a year ago, due to lower results at MegaMex
|Consolidated net income||464||6.5||542||9.3||(14.3)|