Mexico-based bakery giant Grupo Bimbo has reported an increase in half-year sales and earnings.

Net income jumped 29.3% to MEX2.6bn (US$161m) in the first half to 30 June. Operating income increased to MEX6.6bn compared with MEX4.8bn a year earlier.

Go deeper with GlobalData

Go deeper with GlobalData

The gold standard of business intelligence.

Find out more

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more

Net sales grew from MEX86.5bn to MEX102.9bn and Bimbo said this reflected the Canada Bread acquisition, organic growth in Mexico and forex benefit.

At the end of last month, Bimbo struck an agreement to buy parts of Spanish bakery company Panrico.

Just Food Excellence Awards - Nominations Closed

Nominations are now closed for the Just Food Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact.

Excellence in Action
Winning five categories in the 2025 Just Food Excellence Awards, Centric Software is setting the pace for digital transformation in food and FMCG. Explore how its integrated PLM and PXM suite delivers faster launches, smarter compliance and data-driven growth for complex, multi-channel product portfolios.

Discover the Impact