Grupo Herdez SAB de CV (MEX:HERDEZ)

MXN 55.5 0.5 (0.91%) Market Cap: 17.92 Bil Enterprise Value: 35.19 Bil PE Ratio: 13.01 PB Ratio: 2.39 GF Score: 82/100

Q3 2024 Grupo Herdez SAB de CV Earnings Call Transcript
Oct 24, 2024

MXN52.2

Earnings
Q2 2024 Grupo Herdez SAB de CV Earnings Call Transcript
Jul 25, 2024

MXN51.4 (+0.76%)

Earnings

Q2 2024 Grupo Herdez SAB de CV Earnings Call Transcript

Jul 25, 2024 / 04:30PM GMT

Release Date Price: MXN51.4 (+0.76%)

Transcript

Operator

Hello, everyone, and welcome to Grupo Herdez Second Quarter 2024 Earnings Conference Call. (Operator Instructions).

All projections are subject to risks and uncertainties, and actual results may differ materially. Please refer to the detailed note in the company's press release regarding forward-looking statements.

At this time, I would like to turn the call over to Andrea Amozurrutia, Head of Finance and Sustainability. Please go ahead.

Andrea Amozurrutia Casillas

Grupo Herdez SAB de CV - IR Contact Officer

Thank you, Jim. Good morning, everyone. Thank you for joining us on today's call. During the quarter, we continued to work to witness our brand recognition among Mexican consumers. Our sales growth continues to be boosted by volumes as well as by well-executed demand-creation strategies across the major categories.

This combination has resulted in better than expected growth for the quarter, our overall sales grew by 6.2% compared to the previous quarter, driven primarily by outstanding performance in the ice-cream and

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