Title:

Grupo Bimbo, S.A. de C.V Q4 2006 Earnings Conference Call Transcript

Price:$54.00
Publication Date:Feb 22, 2007
Source:Thomson StreetEvents
Report Type:Transcript
Abstract:Final Transcript of BIMBOA.MX earnings conference call or presentation, 22-Feb-07 11:30am ET
Brief Excerpt:... - Grupo Bimbo S.A de C.V. - CEOThank you very much, Nelson, and good morning everyone. I am joined here today by our CFO, Guillermo Quiroz, as well as Armando Giner and Andrea Amozurrutia from our Investor Relations team. As usual, we will begin by reviewing results from the period after which we will -- we will open up the call to any questions you may have. Andrea Amozurrutia Let me start by noting that #### was a strong year for us in terms of sales and international operations were in the black for the second consecutive year. We are pleased to have maintained stability at the operating margin level, given the challenges we faced in terms of the raw materials environment this year. Looking at the three most recent months, results were in line with our expectations. Solid performance in Mexico, continued growth in the U.S., important operational improvements in that market, and aggressive penetration in Latin America helped drive overall volumes. These, combined with pricing improvements...
Word Count:4143
Length:9 Pages
Ticker:BIMBOA.MX
Time:11:30am ET
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