Welcome to our dedicated page for Grupo Bimbo news (Ticker: BMBOY), a resource for investors and traders seeking the latest updates and insights on Grupo Bimbo stock.
Grupo Bimbo, S.A.B. de C.V. reports news tied to its global bakery and snacks business and to its BMBOY Level 1 ADR in the U.S. over-the-counter market. The company’s updates commonly cover the BIMBO brand, its baked-goods portfolio, direct distribution network, and operations across the Americas, Europe, Asia, and Africa, including U.S. subsidiary Bimbo Bakeries USA.
Recurring developments include product-portfolio and ingredient initiatives, sustainability programs covering renewable electricity, packaging, fleet and emissions goals, community campaigns such as Bimbo Global Race, and brand partnerships connected to youth sports and FC Barcelona. News also reflects corporate and operating updates within the company’s bakery, sales-center and distribution footprint.
Grupo Bimbo has launched the second edition of 'The Bimbo Dream' contest, seeking 49 girls aged 10-13 from 22 countries to participate in a unique soccer training experience at FC Barcelona Femení facilities in Spain. The initiative includes 42 selected participants and 7 girls from social programs in Central and South America.
Participants will enjoy a four-day training program and meet soccer star Aitana Bonmatí. The contest is open until April 7th, 2025, across multiple countries including the US, Canada, Mexico, and various nations in Europe and South America. Selection criteria include proper registration, video submission, valid documentation, and semi-professional soccer experience of at least four hours weekly.
This initiative is part of Grupo Bimbo's partnership with FC Barcelona since 2022, aiming to develop female talent, promote gender equality, and encourage healthy lifestyles. The program's first edition successfully brought together 55 girls from 22 countries.
Grupo Bimbo, the world's leading bakery company, has been recognized as one of the 'World's Best Employers 2024' by Forbes and Statista. The company ranked 744 out of 850 organizations on the list. This recognition is based on independent surveys conducted in over 50 countries, involving more than 300,000 ratings from employees of multinational corporations.
The selection criteria for the 'World's Best Employers 2024' include prioritizing employee well-being, promoting diversity, equity, and inclusion, offering growth opportunities, and ensuring a healthy work-life balance. Juan Muldoon, Chief People Officer at Grupo Bimbo, emphasized the company's human philosophy and commitment to helping its 152,000 associates reach their full potential.
Grupo Bimbo's 'For Life' strategic initiative, part of its sustainability strategy, focuses on 'Caring for our People'. This approach prioritizes associates' safety, health, and well-being, while creating a diverse, inclusive, and equitable work environment that promotes personal and professional development.
Grupo Bimbo, the global bakery leader, has been recognized for the second consecutive year on Time's list of the "World's Best Companies". Notably, it ranks among the top 10 global food companies and places 127th out of 1,000 overall. The selection criteria include employee satisfaction, revenue growth, and ESG actions. Employee satisfaction was assessed via surveys in over 50 countries, including feedback from 170,000 participants. Revenue growth considered companies with at least $100 million in 2023 revenues and positive growth from 2021-2023. ESG performance was evaluated using Statista’s ESG database. This inclusion highlights Grupo Bimbo's exceptional global performance.
Grupo Bimbo's 2024 global campaign 'The Bimbo Dream' enabled 55 girls from 22 countries to train with Aitana Bonmatí, a professional soccer player and BIMBO® brand ambassador, at FC Barcelona facilities in Spain. The initiative, expanding on a successful 2023 project in Argentina, provided a week-long enriching experience for girls aged 10-13. Participants were selected from Barça Academy, Grupo Bimbo's local soccer programs, and soccer associations in countries where the company operates.
The program included training, recreational activities, and a nutrition workshop. To promote the 2025 edition, a five-part campaign will run in August and September 2024, showcasing the participants' experiences. This initiative aligns with Grupo Bimbo's partnership with FC Barcelona, aiming to develop female talent, promote equality in sports, and encourage healthy lifestyles.
Grupo Bimbo, the world's leading bakery company, released its 2023 Annual Report titled 'Behind our Actions,' showcasing significant strides in sustainability and community engagement. Key achievements include 93% of their packaging being recyclable, aiming for 100% by 2025, and 92% of their global electricity sourced from renewables. The company has 2,693 electric delivery vehicles and exceeded its regenerative agriculture targets with over 170,000 hectares of corn and wheat harvested. Additionally, 98% of their daily consumption products are free from artificial colors and flavors. Community initiatives like the 'Good Neighbor' program have positively impacted over 440,000 people across 28 countries.
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