Mexico City, January 29, 2025 – Grupo Herdez, S.A.B. de C.V. (“Grupo Herdez” or the “Company”) (BMV: HERDEZ) announces guidance for 2025.
- It is estimated that approximately two-thirds of projected net sales growth will be driven by higher volumes.
- A slight pressure on EBIT and EBITDA margins is anticipated, primarily due to rising costs, exchange rate fluctuations, and higher logistics-related expenses due to increased storage capacity. Additional costs are expected from the implementation of the ERP project.
- Consolidated net income is projected to improve significantly, supported by the normalization of avocado prices and operational efficiencies across MegaMex’s three business lines.
- The CapEx for 2025 is estimated to be between MXN 1,500 and 2,000 million, of which MXN 500 million is expected to be allocated to the ERP migration. The remainder will be allocated to expanding production capacity for the export salsa line, installing a new long pasta production line for Barilla, and refurbishing stores within the Impulse segment.