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earnings
Format: PDF earnings
Grupo Bimbo reported record sales and adjusted EBITDA for Q4 and full year 2020, with net majority income increasing 58.4% and margin expansion of 100 basis points. The company operates across 33 countries with 203 plants, over 2.8M points of sale, and achieved a net debt-to-adjusted EBITDA ratio of 1.9x, the lowest in ten years. Key developments include expanding renewable electricity usage to 80% and acquiring Modern Foods in India's baking sector.
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