Commercial Expansion

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Grupo Bafar Reports Second quarter 2025 Results
Globenewswireยท 2025-07-25 23:36
Core Insights - Grupo Bafar reported sustained growth in Q2 2025, driven by innovation, digitalization, and expansion strategies across all divisions [1][3] Financial Performance - Grupo Bafar achieved sales of $7,567 million pesos in Q2 2025, a 14.7% increase year-over-year [4] - EBITDA reached $989 million pesos, reflecting a growth of 16.4% with a margin of 13.2% [5] - Fibra Nova reported earnings of $392 million pesos, a 27.5% increase compared to Q2 2024, with EBITDA of $374 million pesos, up 34.4% [6] - Net income for the quarter was $284 million pesos, a 35.5% year-over-year increase [8] - Net sales for the company totaled $7,931 million pesos, with a growth of 15.5% [11] Investments and Expansion - Investments in Bafar Alimentos totaled $651 million pesos, focusing on distribution center expansion and digitalization projects [5] - Fibra Nova's investments reached $752 million pesos, primarily for industrial developments [6] - The Financial Division placed $1,196 million pesos, indicating strong demand for financing [7] Debt and Financial Health - Net cash debt was reduced by 17.3% compared to the same quarter last year, with an LTV ratio of 24.5% [7] - The non-performing loan ratio remained healthy at 2.3% [8] Strategic Outlook - Grupo Bafar plans to continue executing its strategic plan focused on efficiency, digitalization, and commercial expansion [9] - The company is well-positioned to maintain growth and contribute positively to Mexico's economic and social development [9][10]