Gruma USA income climbs on strong sales
Source: FoodBusinessNews
MONTERREY, MEXICO — Consumer demand for healthy foods benefited operations at Gruma SAB de CV in the first quarter, particularly in the company’s US operations.Operating income at Gruma USA in the first quarter ended March 31 totaled $145.5 million, up 17% from $124.5 million in the same period a year ago. Net sales increased 2% to $902.9 million from $887.2 million, while sales volume was unchanged at 390,000…
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