Grupo Bimbo has adjusted its full-year revenue guidance due to the strong local currency, lowering expectations from high to mid-single-digit growth. Despite challenges, CEO Rafael Pamias is confident in the company’s long-term strategy and anticipates an EBITDA margin expansion in the second half. Recent acquisitions and growth in key markets contribute to Grupo Bimbo’s positive outlook. In response to consumer trends, the company is focusing on expanding offerings in the value segment and introducing protein-focused products. Grupo Bimbo is committed to offering safe, nutritious, and affordable products, aiming to transition to natural recipes by 2030.

Read more at Yahoo Finance: Grupo Bimbo lowers sales growth outlook amid strength in Mexico peso