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Last $42.00 MXN
Change Today +0.13 / 0.31%
Volume 327.7K
As of 4:09 PM 04/17/15 All times are local (Market data is delayed by at least 15 minutes).

grupo herdez sab-series * (HERDEZ*) Snapshot

Open
$41.96
Previous Close
$41.87
Day High
$42.19
Day Low
$41.40
52 Week High
04/10/15 - $43.30
52 Week Low
12/15/14 - $32.50
Market Cap
18.1B
Average Volume 10 Days
844.7K
EPS TTM
$1.79
Shares Outstanding
432.0M
EX-Date
12/17/13
P/E TM
23.5x
Dividend
--
Dividend Yield
--
Current Stock Chart for GRUPO HERDEZ SAB-SERIES * (HERDEZ*)

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grupo herdez sab-series * (HERDEZ*) Details

Grupo Herdez, S. A. B. de C. V., together with its subsidiaries, is engaged in the manufacture, purchase, distribution, and marketing of canned and packed food products in Mexico. It offers burritos, canned vegetables, coffee, frozen yogurt, guacamole, homemade salsas, honey, jam, ketchup, mayonnaise, mini tacos, mole, mustard, pasta, spices, tea, tomato puree, tuna and organic foods, and other food products. It is also involved in real estate activities. The company sells its products under the Aires de Campo, Barilla, Chi-Chi’s, Del Fuerte, Don Miguel, Doña María, Embasa, Herdez, La Victoria, McCormick, Nutrisa, Wholly Guacamole, Yemina, and other brand names. In addition, it distributes Herdez GoGo Squeez, Kikkoman, Ocean Spray, Reynolds, and Truvía branded food products in Mexico. Grupo Herdez, S. A. B. de C. V. primarily serves wholesalers and self-service stores. The company was founded in 1914 and is headquartered in Mexico City, Mexico. Grupo Herdez, S. A. B. de C. V. is a subsidiary of Hechos con Amor, S. A. de C. V.

8,000 Employees
Last Reported Date: 02/27/15
Founded in 1914

grupo herdez sab-series * (HERDEZ*) Top Compensated Officers

No compensation data is available at this time for the top officers at this company.

Executives, Board Directors

grupo herdez sab-series * (HERDEZ*) Key Developments

Grupo Herdez, S.A.B. de C.V Proposes Dividend

Grupo Herdez, S.A.B. de C.V. announced that at the AGM to be held on April 23, 2015, the shareholders to consider a dividend payment at a rate of MXN 0.90 per share, or one share for every four of tenure.

Herdez Plans to Expand Organic Food Brand in Mexico

Grupo Herdez SAB de CV plans to boost the sales of its organic brand Aires del Campo by 40% yearly in 2015 and to expand its customer range to include the middle class. Currently, Aires del Campo is only offered in upper-class stores but it would seek to expand to the middle-class department store chains as it has the capacity to serve a bigger market without reducing the quality. Considering the growing demand, Grupo Herdez plans to invest some 10% of its revenues in 2015 in boosting its organic egg and chicken production. The company will first seek to expand its presence in the eggs and chicken market, as these are the two most popular food products in Mexico, and will then expand its offering to include other organic products.

Grupo Herdez, S.A.B. de C.V. Reports Consolidated Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2014

Grupo Herdez, S.A.B. de C.V. reported consolidated earnings results for the fourth quarter and full year ended December 31, 2014. For the quarter, the company’s net sales rose 8.3% from the year ago period, from MXN 3,780 million a year ago to MXN 4,096 million, extending strong performance seen since the third quarter of the year and reflecting the company's efforts to boost volume performance in Mexico. Consolidated net income totaled MXN 485 million in the quarter, compared to MXN 176 million registered in the same period of last year. This increase is mainly the result of solid top line growth, gross margin expansion and the increase in the equity investment in associates. Net majority income totaled MXN 225 million compared to MXN 73 million a year ago. EBIT was MXN 721 million compared to MXN 460 million a year ago. EBITDA for the quarter totaled MXN 786 million, 35.0% higher than in the previous year of MXN 582 million. This reflected strong top line and operating performance at Mexico core, which more than offset extraordinary expenses derived from the consolidation of the plants in Mexico and one-time charges at Nutrisa. Net capex in the quarter was MXN 231 million. The majority of these funds were allocated to the ongoing consolidation of production capacity in Sinaloa, Mexico. The company generated MXN 301 million of free cash flow net of MXN 123 million of share buybacks. Income before income taxes was MXN 841 million compared to MXN 329 million a year ago. Operating income was MXN 721 million compared to MXN 460 million a year ago. Operating profit before other income and expenses was MXN 733 million compared to MXN 437 million a year ago. For the year to date, the company’s net sales rose 8.6% from the year ago period, from MXN 13,180 million a year ago to MXN 14,319 million. On a cumulative basis, net consolidated income rose 31.1% to MXN 1,504 million from MXN 1,148 million a year ago. Net majority income totaled MXN 771 million compared to MXN 608 million a year ago. EBIT was MXN 2,113 million compared to MXN 1,757 million a year ago. EBITDA was MXN 2,415 million compared to MXN 2,050 million a year ago. Net capex was MXN 574 million for the full year. The majority of these funds were allocated to the ongoing consolidation of production capacity in Sinaloa, Mexico. For the year, free cash flow generated was MXN 530 million after MXN 216 million spent in share buybacks. Income before income taxes was MXN 2,268 million compared to MXN 1,684 million a year ago. Operating income was MXN 2,113 million compared to MXN 1,757 million a year ago. Operating profit before other income and expenses was MXN 2,177 million compared to MXN 1,724 million a year ago.

 

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HERDEZ*:MM $42.00 MXN +0.13

HERDEZ* Competitors

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Company Last Change
B&G Foods Inc $29.74 USD -0.26
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Industry Analysis

HERDEZ*

Industry Average

Valuation HERDEZ* Industry Range
Price/Earnings 22.6x
Price/Sales 1.2x
Price/Book 2.7x
Price/Cash Flow 22.6x
TEV/Sales 0.1x
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