Gruma Sab De Cv Class BBMV: GRUMA/B

GRUMA/B: Margins compressed as raw material costs rose, but resilient product lines support a positive outlook

· Issued by Gruma Sab De Cv Class B

Flat consolidated volumes and modest sales growth were offset by higher raw material costs, compressing margins and EBITDA. Better-For-You and private label products remain resilient, while food service in the U.S. is expected to recover as consumer sentiment improves.

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