Gruma SAB de CV (FRA:3G3B)
€ 16.9 1.2 (7.64%) Market Cap: 6.13 Bil Enterprise Value: 7.38 Bil PE Ratio: 14.96 PB Ratio: 3.44 GF Score: 86/100

Q3 2020 Gruma SAB de CV Earnings Call Transcript

Oct 29, 2020 / 04:30PM GMT
Release Date Price: €9.45 (+3.85%)
Operator

Good morning, ladies and gentlemen. Thank you for standing by. Welcome to Gruma's Third Quarter 2020 Earnings Conference Call. (Operator Instructions)

I would now like to turn the conference over to our host, Mr. Raúl Cavazos, Gruma's Chief Financial Officer. Please go ahead, sir.

Raúl Cavazos Morales
Gruma, S.A.B. de C.V. - CFO

Thank you. Good morning, everyone, and thank you for joining us today. We are pleased to discuss our 2020 performance review. First of all, we hope all of you and your families continue to be safe and no -- and with no major effects from the COVID-19 pandemic.

We are glad to report that despite the disruption amid the pandemic, Gruma's third quarter results have continued to improve, with performance benefited mainly by increased tortilla consumption at home, especially in the U.S. We continue to see consumers getting more and more familiar with the use of our products over the time in favoring healthier alternatives, which includes our tortilla given the great innovation and diversity of our products that the

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot