Grupo Herdez Second quarter 2022 earnings release

Mexico City, Mexico, July 21, 2022 – Grupo Herdez, S.A.B. de C.V. (“Grupo Herdez” or the “Company”) (MSE: HERDEZ) today announced results for the second quarter of 2022, ended june 30, 2022.

Although the current environment continues to challenge us as a company, our top line performance in all segments was very solid. The recent issuance of SLBs reinforces our more than 30-year commitment with investors and highlights the relevance of our sustainability efforts as part of our business model and its contribution to the development of Mexico.

Héctor Hernández- Pons Torres, Chairman and Chief Executive Officer of Grupo Herdez


  • Net sales were MXN 7.7 billion, 27.4% higher versus the same quarter of last year.
  • EBIT before other expenses and income increased 23.9% to MXN 755 million.
  • Consolidated net income was MXN 395 million.
 2Q22%2Q21%% change
Net sales4,313100.03,727100.015.7
Gross profit 88520.51,15230.9(23.2)
Net Income 781.83098.3(74.9)
*Figures in millions of MXN*


  • 2020: We launched the first edition of Semillero Nutrisa. Together with Nutrisa and the Victoria147 business academy for women, we invited women entrepreneurs to participate in a training program to improve the management of their businesses and have the potential to become part of our supply chain.

We established our first technological alliance with Google, which will allow us to accelerate the digital transformation of Grupo Herdez through the use of Google Cloud Platform tools such as BigQuery ML, Looker, among others.

Through the Herdez® brand and Aires de Campo® we joined the “Sowing a New Normality” initiative, promoted by the civil society organizations Ríos Tarango and Ectágono, which aims to increase the vegetation cover of the environmentally valuable area Barranca de Tarango.

  • 2021: We developed the Group’s second proprietary e-commerce platform, with the Nutrisa® online store.

We updated the apps through which we manage the loyalty programs of our retail brands, Cielito Querido Café® and Nutrisa®, improving our customers’ in-store experience.

During the year, 15 formulas had their nutritional profile strengthened by reducing some critical added nutrients (sugars, sodium and saturated fats).

  • 2022: We expanded our capabilities into new categories through the acquisition of Interdeli and Deli, Dips & Snacks. Integrating brands such as Libanius, Flaveur, Liguria and Señor Cactus into our portfolio.

We Issued the first sustainability bond through which we
committed to a 25% reduction in our water consumption.

Together with our partner McCormick & Company, Inc. we
brought the most iconic Mexican cuisine to the tables of the United Kingdom
through meal kits, sauces and condiments under the Herdez® brand.
  In less than a year, we obtained a 5.5% shelf
share in the Tesco supermarket chain.

We consolidated the integration of Chilim Balam® into retail brands, a leading brand in the snack segment