date:Feb 25, 2013
fits. Notwithstanding, the company retains its legal right to amortize any losses in that market indefinitely.
Net majority income of Grupo Bimbo in 2012 was 2,028 million pesos ($162 million), down 60% from 25,090 million pesos in 2011. Sales were 173,137 million pesos ($13,851 million), up 30% from 133,506 million pesos.
In the fourth quarter, net majority income was 176 million pesos ($14.1 million), down 81%. Sales were 42,276 million pesos, up 9%. A major part of the decline for the quar