Grupo Bimbo Raises 2026 Margin Expansion Floor to 85 Basis Points

Grupo Bimbo raised the lower end of its 2026 adjusted EBITDA margin expansion outlook by 15 basis points, while third-quarter results showed North American margins improved despite lower volumes. The company now expects margin expansion of 85 to 120 basis points, compared with its previous range of 70 to 120 basis points. The upper end of the range was unchanged. For the quarter ended Sept. 30, net sales fell 1.3% on a reported basis to MXN 106.061 billion, while rising 3.6% excluding foreign-exchange effects. Adjusted EBITDA increased 9.3% excluding foreign exchange to MXN 16.644 billion.

Source: TokenPost