Gruma SAB de CV (OTCPK:GPAGF)
$ 16.2801 -1.5699 (-8.79%) Market Cap: 6.62 Bil Enterprise Value: 7.96 Bil PE Ratio: 14.96 PB Ratio: 3.44 GF Score: 95/100

Q2 2020 Gruma SAB de CV Earnings Call Transcript

Jul 23, 2020 / 03:30PM GMT
Release Date Price: $10.78
Operator

Good morning, ladies and gentlemen. Thank you for standing by. Welcome to Gruma's Second 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

Thanks, Laura. Good morning, everyone, and thank you for joining us today. We are pleased to discuss our second quarter 2020 performance review.

First of all, we hope everybody is safe and having no major effects from the COVID-19 pandemic. In Gruma, we have a major responsibility as a global provider of food staples. Our top priority continues to be the health and safety of our people and products and the continuity of our production lines and working market systems. We are glad to report that despite the disruption of the coronavirus pandemic, in the case of Gruma, our second quarter results continued showing the strength of the company in all its metrics: volume, sales, profitability and liquidity. The

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