Grupo Bafar Reports First Quarter 2026 Results

About this update from Grupo Bafar Sab De Cv Class B

CHIHUAHUA, Mexico, April 28, 2026 -- Grupo Bafar, S.A.B. de C.V. BIVA:BAFARB, a leading company and benchmark in the food sector natwide, has announced its results for the first quarter of 2026, highlighting sustained growth driven by innovation, digitalization and expansion strategies in all its divisions.First Quarter 2026 ResultsNet Sales:8,665.8 million pesos, up 12%Operating profit:1,369.3 million pesos, with an operating margin of 15.8%EBITDA:1,676.7 million pesos, up 29.5%Net income:935.1 million pesos, with a net margin of 10.8%During this quarter, Grupo Bafar presented an outstanding performance, reaching sales of $8,665.8 million pesos, which represents a growth of 12% compared to the first quarter of 2025, driven by the consolidation of new openings, the operational maturation of its own stores and a higher share of products with higher added value. These results reaffirm the strength of a diversified and resilient business model.Grupo Bafar's EBITDA for the first quarter grew 29.5%, reaching $1,676.7 million pesos with a margin of 19.3%, reflecting a strategic execution focused on strengthening our digital and operational capabilities. We consolidated the Super App in the Retail channel, expanding our value proposition with credit and loyalty solutions, and we continue to expand the commercial network with the opening of new stores. We advanced in innovation and technology through the launch of the Innovation Hub, a key piece to strengthen our processes, as well as the digitization of manufacturing lines, laying solid foundations for greater efficiency and future scalability.During the quarter, Bafar Alimentos, a subsidiary of Grupo Bafar, reported sales of $7,916.6 million pesos, an increase of 8.2%, mainly driven by the opening of its own stores, in particular the Carnemart model, and a strategy focused on higher value-added products. Operating profit grew 13.4% and EBITDA reached $1,021.4 million pesos, with a margin of 12.9%, as a result of a more efficient operation.Fibra Nova maintained a solid growth rate with revenues of $396.7 million pesos, an increase of 2.5% compared to the first quarter of 2025, driven by new leases. EBITDA reached $412.3 million, with a margin of 104%. FFO stood at $374.4 million, with a margin of 98.2%, demonstrating its ability to generate value in a sustained manner.The financial division reinforced its positi...

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