Industrias Bachoco, the Mexican poultry processor, saw profits jump in 2012 as the company recovered from the commodity pressure it felt in 2011.
Bachoco booked net income of MXN2.16bn (US$169.7m) for last year, a spike from the MXN165.2m it recorded the year before.
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Sales were up 41.8% at MXN39.35bn, boosted by Bachoco’s entry into the US. In October 2011, it acquired local processor OK Industries.
