trending Market Intelligence /marketintelligence/en/news-insights/trending/3RMSBBTtB65Fw6zHRAalpg2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Gruma Q2 profit climbs 37.4% YOY

An interview with Antony Jenkins, Founder & Executive Chairman, 10x Future Technologies

An interview with Nicolas Veron, Economist, Senior Fellow at Bruegel

An interview with Dan Frumkin, CEO, Metro Bank

Investment Banking: The Outlook, Market Share and Competitive Advantage


Gruma Q2 profit climbs 37.4% YOY

Gruma SAB de CV said its second-quarter normalized net income was 2.40 Mexican pesos per share, compared with the S&P Capital IQ consensus estimate of 2.24 pesos per share.

EPS climbed 37.6% year over year from 1.74 pesos.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was 1.04 billion pesos, a gain of 37.4% from 755.7 million pesos in the prior-year period.

The normalized profit margin rose to 7.3% from 6.1% in the year-earlier period.

Total revenue rose 16.1% on an annual basis to 14.28 billion pesos from 12.30 billion pesos, and total operating expenses climbed 15.3% from the prior-year period to 12.44 billion pesos from 10.79 billion pesos.

Reported net income grew 11.4% on an annual basis to 1.15 billion pesos, or 2.65 pesos per share, from 1.03 billion pesos, or 2.38 pesos per share.

As of July 23, US$1 was equivalent to 16.10 Mexican pesos.