Grupo Bafar SAB de CV Class B
116.00
MXN
+2.00
(+1.75%)
ISIN
MXP100901018
Return %
Stock
S&P 500
1Y
25.07
13.14
3Y
12.16
80.78
5Y
105.89
67.74
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.Company Description
- CEO
- Oscar Eugenio Baeza Fares
- Full Time Employees
- 13,400
- Sector
- Consumer non-durables
- Industry
- Food: meat/fish/dairy
- Address
- KM 7.5 Carretera A Cuauhtémoc Chihuahua CI Mexico 31450
- IPO Date
- Sep 13, 1996
- Website
- grupobafar.com
- Similar Companies
- Business
- Grupo Bafar, S.A.B. de C.V. (BAFARB.MX) operates as a vertically integrated holding company in the Mexican food industry, producing, processing, distributing and selling a wide range of meat and dairy products through its subsidiaries in Mexico and internationally. The company offers packaged meats including beef, pork, chicken, turkey, nuggets, tenders and cold cuts such as ham, sausage, bologna, salami, bacon and salchichon; dairy products like cheese and yogurt; and branded items under labels including Parma, Sabori, Country, Griller's, Country Dishes, Montebello, Bafar, Burr, Ponderosa, Perry and Three Castles; it also provides fresh poultry, red meat cuts, pork, fish and agroindustrial outputs with three self-service retail chains specializing in red meat, BIF, Carnemart and La Pastora stores. Founded in 1983 and headquartered in Chihuahua, Mexico, at Km. 7.5 Carretera a Cuauhtemoc, Colonia Las Animas, Grupo Bafar conducts operations across multiple segments including Consumer Products, Retail, International, New Fiber, Vector, Insurance, B Insurance and Flycapital, encompassing food production, real estate acquisition and leasing, microcredit and business loans for commercial, agricultural and livestock sectors, and insurance services for small and medium-sized enterprises. Recent developments include the inauguration of a new pepperoni plant at its agroindustrial complex in La Piedad, Michoacan, in February 2024 with a $550 million peso investment and monthly capacity of 1,000 tons; strategic investments totaling approximately $794 million pesos in the first quarter of 2024 focused on real estate, distribution center and store remodelings, digitalization projects and the pepperoni line; acceleration of digital transformation initiatives in Mexico and the U.S. with Google Cloud as of November 2024; a partnership with Conalep for professional practices and educational support for youth; recognition among Mexico's top 30 companies for corporate sustainability; and sustained sales growth of 15.5% with 18% utility increase driven by innovation and expansion strategies.