Grupo Bimbo, S.A.B. de C.V. (BMBOY) Q1 2026 Earnings Call April 29, 2026 6:00 PM EDT
Company Participants
Alejandro Rodríguez Bas - Chief Executive Officer
Diego Cuevas - Chief Financial Officer
Greg Koehrsen - President of Bimbo Bakeries USA
Conference Call Participants
Fernando Olvera Espinosa de los Monteros - BofA Securities, Research Division
Alejandro Fuchs - Itaú Corretora de Valores S.A., Research Division
Benjamin Theurer - Barclays Bank PLC, Research Division
Renata Fonseca Cabral Sturani - Citigroup Inc., Research Division
Antonio Hernandez - Actinver Casa de Bolsa, S.A. de C.V., Research Division
Alvaro Garcia - Banco BTG Pactual S.A., Research Division
Diego Serrano Flyckt - HSBC Global Investment Research
Fernando Froylan Mendez Solther - JPMorgan Chase & Co, Research Division
Lucas Mussi - Morgan Stanley, Research Division
Presentation
Operator
Good day, and welcome to Grupo Bimbo's First Quarter 2026 Results Conference Call. [Operator Instructions]
Please note, this event is being recorded. I would now like to turn the conference over to Alejandro Rodríguez Bas, CEO. Please go ahead.
Alejandro Rodríguez Bas
Chief Executive Officer
Good afternoon, everyone, and thank you for joining us today. Connected on the line today are our CFO, Diego Gaxiola; BBU President, Greg Koehrsen, along with several members of our finance team. I would like to begin by sincerely thanking our teams and more than 152,000 associates around the world for their dedication and hard work in delivering these outstanding results.
At Grupo Bimbo, we operate with one mindset, all for one and one for all and that one is Grupo Bimbo. We kicked off 2026 on a very strong note, delivering record net sales and achieving the highest first quarter EBITDA margin in our history. Importantly, despite the complex environment, we are beginning to see a favorable shift in both price/mix and volumes, signaling a recovery in underlying demand across our portfolio.
In
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