Gruma SAB de CV (GRUMAB.MX)
23 Apr 2018
MEXICO CITY, Feb 21 Mexican corn miller and tortilla maker Gruma on Wednesday reported fourth quarter net profit of 1.845 billion pesos ($93.8 million), up 8.3 percent versus the same period a year earlier.
(The following statement was released by the rating agency) MONTERREY, November 07 (Fitch) Fitch Ratings has affirmed Gruma, S.A.B. de C.V.'s (Gruma) Long-Term Foreign and Local Currency Issuer Default Rating (IDR) at 'BBB'. The Rating Outlook is Stable. A full list of ratings actions is provided at the end of this release. The affirmation reflects Gruma's strong business position as one of the world's largest producers of corn flour and tortillas with recognized brands in its main markets and g