Mexican bakery giant Grupo Bimbo posted a 66.9% increase in fourth quarter net profit, along with a 74.7% bump up for FY 2021 to reach 15.9 billion pesos ($78m).
Grupo Bimbo has set its sights on the fast growing better-for-you cookie sector and swooped up Emmy’s Organics, a New York-based producer of ultra-premium organic cookies.