Industrias Bachoco, S.A.B. de C.V. (IBA) Reports Q2 EPS of 27.89 Pesos
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Industrias Bachoco Announces Second Quarter 2015 Results
July 23, 2015 5:00 PM EDTCELAYA, Mexico, July 23, 2015 /PRNewswire/ -- Industrias Bachoco, S.A.B. de C.V., "Bachoco" or "the Company", (NYSE: IBA; BMV: Bachoco) announced today its unaudited results for the second quarter ("2Q15") and first half ("1H15") 2015 results ended June 30, 2015. All figures have been prepared in accordance with International Financial Reporting Standard ("IFRS"), and are presented in nominal million Mexican Pesos ("$").
HIGHLIGHTS - 2015 vs 2014
Net sales increased 11.6% in 2Q15. EBITDA margin was 17.6% for 2Q15 and 17.0% in the 1H15. Earnings per basic and diluted share totaled $2.32 for 2Q15 and $4.43 for the... More