Grupo Bimbo: reports first quarter 2016 results
Mexico City / MX. (gb) Grupo Bimbo S.A.B. de C.V. reported its first quarter 2016 results, ended March 31, 2016. Highlights: Net sales rose 13.2 percent reflecting FX rate benefit and solid organic growth in Mexico and Latin America. Gross margin expansion of 110 basis points was driven by…