Apr 23, 2020 / 03:30PM GMT
Operator
Good morning, ladies and gentlemen. Thank you for standing by. Welcome to Gruma's First Quarter 2020 Earnings Conference Call. (Operator Instructions)
I would now like to turn the conference over to your host, Mr. Ral Cavazos, Gruma's Chief Financial Officer. Please go ahead, sir.
Raúl Cavazos Morales - Gruma, S.A.B. de C.V. - CFO
Thank you, Rob. Good morning, everyone, and thank you for joining us today. We are pleased to discuss our first quarter 2020 performance review. During the beginning of the year, our first quarter results show significant increases in volume, net sales and EBITDA at our all subsidiaries aside from our operations in China, which represent less than 1% of consolidated net sales. While there is a little positive anyone could say about the coronavirus outbreak, due to the defensive nature of our business, we are seeing stronger results in the rest of our operations, especially in the U.S. This defensive nature was proved on our sales volume, which rose 6% during the quarter, where the U.S. division was the main contributor, in
Q1 2020 Gruma SAB de CV Earnings Call Transcript
Feb 13, 2024
Already have an account? Log in
Get the full story
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent 
4.6 out of 5 
Trustpilot
Trustpilot
Survey
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
Follow Us
Disclaimers