Grupo Nutresa First-Quarter Profit Rises 3.4% From Year Earlier

Grupo Nutresa SA, Colombia’s largest food company, reported first-quarter net income increased 3.4 percent from the prior year to 59.6 billion pesos ($34 million).

The Medellin-based company said in a regulatory filing that consolidated sales increased 7.7 percent to 1.2 trillion pesos, in line with the average estimate by three analysts in a Bloomberg survey.

To contact the reporter on this story: Christine Jenkins in New York at cjenkins28@bloomberg.net

To contact the editor responsible for this story: David Papadopoulos at papadopoulos@bloomberg.net

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