Grupo Nutresa 1Q 2023 Earnings Results

Grupo Nutresa reported first quarter 2023 earnings with total sales growth of 28.7% year-over-year, driven by strong performance across all business units including biscuits, coffee, cold cuts, and chocolates. The company achieved international sales of USD 435.6 million with a 22.6% increase and maintained its position among the top 5% of food companies in S&P Global's Sustainability Yearbook. Revenue was bolstered by both volume increases and price adjustments across key product categories.