Mexican bakery giant Grupo Bimbo has reported an 8.3% rise in third-quarter net profit, helped by higher US sales and lower costs from a technology upgrade.

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

The company, which is the world’s third-largest bread maker, reported net profit of 312m pesos (US$27.95m), beating forecasts. Operating profit rose 2.3% to 949m pesos.

“The improvement in operating results was due to the conclusion of the most critical stage of the company’s technological, operational and commercial transformation projects,” Bimbo was quoted by Reuters as saying.

The company said its US sales during the third quarter were 3.21bn pesos, a rise of 1.1% from the year-ago period. The company’s US sales account for around 27% of total sales, reported Reuters.

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

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