Mexican baker Bimbo 1st-quarter net slips 3.6 pct

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Posted on: April 25th, 2008
Filed Under: [ Business ] [ Non-US News ] [ Blogante Business ]
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“Mexican bread maker Bimbo said on Thursday its first-quarter net profit fell 3.6 percent as higher ingredient costs pressured gross margins but revenue rose, helped by higher prices and product mix.

Bimbo (BIMBOA.MX: Quote, Profile, Research), with operations in the United States and Latin America, earned 791 million pesos ($74 million) in the January-March period compared with 821 million pesos in the year-ago quarter.”*

*From: http://www.reuters.com/
Traducido: usando Google o Altavista/Babel Fish

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