Mexico City, Mexico, October 19, 2022 – Grupo Herdez, S.A.B. de C.V. (“Grupo Herdez” or the “Company”) (BMV: HERDEZ) today announced results for the third quarter of 2022, ended September 30.
“Despite sustained high levels of inflation, our top-line performance in all segments was very solid, we maintained reasonable operating margins, and generated working capital efficiencies.”Héctor Hernández- Pons Torres, Chairman and Chief Executive Officer of Grupo Herdez.
CONSOLIDATED HIGHLIGHTS FOR THE QUARTER
•Net sales were MXN 8.0 billion, 17.7% higher versus 2021.
•EBIT increased 30.5% to MXN 854 million.
•Consolidated net income was MXN 469 million, 3.1% higher than the previous year.
|Consolidated net sales||469||5.9||455||6.7||3.1|