Grupo Bimbo SAB de CV (OTCPK:GRBMF)
$ 4.29 -0.28 (-6.13%) Market Cap: 18.25 Bil Enterprise Value: 26.62 Bil PE Ratio: 23.57 PB Ratio: 2.68 GF Score: 91/100

Q4 2022 Grupo Bimbo SAB de CV Earnings Call Transcript

Feb 22, 2023 / 11:00PM GMT
Release Date Price: $5.2
Operator

Good day, and welcome to the Grupo Bimbo Results Fourth Quarter and Full Year 2022 Conference Call. All participants will be in a listen-only mode. (Operator Instructions) After today's presentation, there will be an opportunity to ask questions. (Operator Instructions) Please note this event is being recorded.

I would now like to turn the conference over to Daniel Servitje, Chairman and CEO. Please go ahead, sir.

Daniel Javier Servitje Montull
Grupo Bimbo, S.A.B. de C.V. - Chairman, CEO & Member of Advisory Board

Thank you, very much and good afternoon, everyone. Thank you for joining us. Connected on the line today is our CFO, Diego Gaxiola, our new COO, Rafael Pamias; BBU's President, Fred Penny; Mark Bendix, Executive Vice President; Lou Minella, BBU's Senior Vice President and several members of our finance team.

2022 was a remarkable year with historic financial performance, reaching $19.8 billion in net sales and $2.7 billion in EBITDA and posting 10% and 12%, 10-year compounded annual growth rates, respectively. We saw market

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