Grupo Bafar Reports Fourth Quarter 2024 Results
From GlobeNewswire: 2025-02-18 19:43:58
Grupo Bafar, S.A.B de C.V. reports strong results for Q4 2024, with net sales of $28,491 million pesos, a 15.7% increase in gross profit, and 17.0% growth in operating income. The Food Division saw a 10.6% sales growth, reaching $27,268 million, with EBITDA of $3.29 billion, up 20.6%. Fibra Nova achieved an ABR of 662,206 m² and annual revenues of $1.288 billion, with EBITDA growing 25.4%. The Financial Division posted record results, with placements of $5,117.6 million and 27.7% growth. Grupo Bafar invested $4,811 million in strategic projects, focusing on innovation and growth to drive sustainable value.
Read more at GlobeNewswire: Grupo Bafar Reports Fourth Quarter 2024 Results