Latest news with #América
Yahoo
5 days ago
- Business
- Yahoo
Grupo Bafar Reports Second quarter 2025 Results
CHIHUAHUA, México, July 25, 2025 (GLOBE NEWSWIRE) -- Grupo Bafar, S.A.B. de C.V. (BIVA: BAFARB), a leading and benchmark company in the national food sector, announced its results for the second quarter of 2025, highlighting sustained growth driven by innovation, digitalization, and expansion strategies across all its divisions. Second Quarter 2025 Highlights Net sales: $7,931 million of pesos, with a growth of 15.5%. Operating income: $1,439 million of pesos, with an operating margin of 18.1%. EBITDA: $1,696 million of pesos, with a registered growth of 13.8%. Net income: $1,580 million of pesos, with a net margin of 19.9%. During the quarter, Grupo Bafar maintained its trajectory of growth and rentability, outperforming again its historic record in quarterly earnings. This performance was a result of a combination of greater volume of sales, improvements in the product mix with higher value-added products, and a cost disciplined operation. Bafar Alimentos reported sales $7,567 million of pesos in the second quarter, an increment of 14.7$ compared to the same period of last year. This growth was reflected across all sales channels, with notable performance in the United States and the strengthening of the retail channel, driven by the expansion of its own stores. EBITDA reached $989 million of pesos presenting a growth of 16.4% and a margin of 13.2%. The investments in this division amounted to $651 million of pesos and were focused in the amplification of its distribution center in Chihuahua, the construction of CEDIS in El Paso, Texas, and in automatization and digitalization projects. Fibra Nova reported earnings of $392 million of pesos, a growth of 27.5% compared to 2Q24, this growth is primarily attributed to the commencement of rental agreements with new tenants like ZF, Brake Parts, ATI Ladish and Veritiv. EBITDA reached figures of $374 million of pesos with an increase of 34.4% and with a margin of 95.4%. The investments of the quarter totaled $752 million of pesos, destined primarily to industrial developments like Parque Norte Chihuahua y the conclusion of Parque Juarez I. Net Cash debt was reduced by 17.3% compared to the same quarter of last year, and the LTV ratio stood at 24.5%, strengthening the divisions financial position. The Financial Division of Grupo Bafar reaffirm its solidity through a placement of $1,196 million of pesos, as a result of strong demand for financing and factoring from PYMEs and strategic suppliers. The earning for the quarter amounted to $284 million of pesos, an increase of 35.5% interannual. The operating Income reached $78 million of pesos, meanwhile the EBITDA reached a total of $79 million of pesos. The non-performing loan ratio remained healthy at a 2.3% and progress was made in the expansion of B Cash, with more than 500 new active cards in new regions. Heading into the second half od the year, Grupo Bafar will continue executing its strategic plan focused in efficiency, digitalization and commercial expansion. With a solid financial structure, a diversified offering, and a committed team, the company is well positioned to maintain its growth and continue contributing positively to the economic and social development of Mexico. 'In Grupo Bafar, we reaffirm our pledge with excellency, innovation, and rentability. These results reflect the resilience of our business model and the dedication of our team. We will continue strengthening our division to continue generating sustainable value for the benefit of our stakeholders.', highlighted Eugenio Baeza, CEO. For more information: Luis Carlos Piñón Reza lpinon@ ir@ while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
21-07-2025
- Politics
- Yahoo
Notorious Ecuadorian gang leader extradited to U.S.
July 21 (UPI) -- Notorious Ecuadorian gang leader Jose Adolfo Macias Villamar has been extradited to the United States, where he is expected to make his first court appearance on Monday. President Daniel Noboa of Ecuador confirmed late Sunday that Macias, leader of the Los Choneros gang and who is also known as Fito, has arrived in the United States. "Goodbye forever, Fito," Noboa said in a statement to social media. "Fito is now in the USA." The U.S. government has yet to confirm Macias' extradition. Hasta nunca, Fito. Fito ya está en EEUU. Esto es gracias a ustedes, ecuatorianos, que dijeron sí a la consulta popular. Espero con gusto las teorías creativas que dirán que no. Interceptamos también 14 toneladas de droga, eso es 560 millones de dólares menos para el... Daniel Noboa Azin (@DanielNoboaOk) July 21, 2025 Macias was recaptured in late June amid a controversial crackdown on gang violence in the country, conducted by Noboa using recently acquired powers granted to him by the National Assembly to combat internal armed conflict. Macias was serving a 34-year sentence for a slew of crimes, including murder, when he escaped from Guayaquil's regional prison in January, as gang violence was erupting in prisons across the nation. In response to the violence, Noboa declared the country was in the midst of an "internal armed conflict" and launched a nationwide law enforcement effort targeting drug cartels and gangs after declaring them terrorists. Macias was then sanctioned by the U.S. State Department in February and charged in a seven-count indictment with drug trafficking-related offenses in Brooklyn, N.Y., in April. If convicted in the United States, he faces up to life in prison. Noboa described Macias' extradition as validation of his crackdown that has received international criticism from human rights organizations, including Human Rights Watch, over concerns that the new powers pose to the rights of Ecuadorians. "This is thanks to you, Ecuadorians, who said yes to the referendum. I eagerly await the creative theories that will claim otherwise," he said.
Time of India
21-07-2025
- Sport
- Time of India
Toluca beat América 3-1 to claim the Campeón de Campeones trophy
Toluca clinched the Campeón de Campeones title in style with a commanding 3-1 victory over Club América at the Dignithy Health Sports Park in Carson, California on Sunday night. Displaying intensity and precision from the start, Toluca took control early and never looked back. Alejandro Zendejas gave Toluca a dream start as he scored in the very first minute to make it 1-0. However, Franco Romero fired back ten minutes later to level terms for América. Explore courses from Top Institutes in Select a Course Category others Design Thinking Cybersecurity Operations Management MBA Artificial Intelligence Healthcare Data Science Public Policy Digital Marketing Management Technology Data Analytics Project Management MCA Degree Others Product Management healthcare Finance Data Science CXO Leadership PGDM Skills you'll gain: Duration: 16 Weeks Indian School of Business CERT - ISB Cybersecurity for Leaders Program India Starts on undefined Get Details — TUDNMEX (@TUDNMEX) by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Play War Thunder now for free War Thunder Play Now Undo América showed a slight edge in the first half, but Toluca played smart, disrupting numerous attacking moves with timely fouls. This strategy unsettled the Águilas, leading to lapses in focus at key moments throughout the match. — TUDNMEX (@TUDNMEX) Bruno Méndez came up with a fine header to put Toluca ahead again during the closing minutes of the first half. As expected, América dominated the early stages of the second half, controlling possession and launching constant attacks. Live Events — TUDNMEX (@TUDNMEX) Toluca, meanwhile, dropped deep into their own half, relying on a compact defense and waiting patiently for a counterattack to put the game out of reach. — TolucaFC (@TolucaFC) Paulinho sealed the victory in the 70th minute, scoring Toluca's third goal and putting the match out of América's reach. With the score at 3-1, any hopes of a comeback for the Águilas were effectively extinguished. América were reduced to ten men in the 89th minute when Igor Lichnovsky was shown a red card for a reckless challenge that injured Helinho, further compounding their frustration in a match that had already slipped away. — TUDNMEX (@TUDNMEX) The win not only delivered silverware but also sent a strong message ahead of the new season. With this victory, Toluca celebrated another milestone in club history, lifting the prestigious trophy and cementing their place among Mexico's top football powers.
Yahoo
19-07-2025
- Sport
- Yahoo
📝 Necaxa claim first win of the tournament against Gallos Blancos
The Rays added their first three points of the tournament by defeating Querétaro at the 25th minute of the first half, Necaxa was already winning the match and everything seemed like it was going to end in a rout. But the team from Aguascalientes became overconfident and Querétaro scored before the end of the first half. During the second half, a very even duel was played in midfield, and it wasn't until the 78th minute that Gago's team sealed the match. Necaxa will host América in the third matchday, while the Roosters will fly home to face Pumas before the Leagues Cup begins. This article was translated into English by Artificial Intelligence. You can read the original version in 🇪🇸 here. 📸 Leopoldo Smith - 2025 Getty Images
Yahoo
19-07-2025
- Sport
- Yahoo
📝 Necaxa claim first win of the tournament against Gallos Blancos
The Rays added their first three points of the tournament by defeating Querétaro at the 25th minute of the first half, Necaxa was already winning the match and everything seemed like it was going to end in a rout. But the team from Aguascalientes became overconfident and Querétaro scored before the end of the first half. During the second half, a very even duel was played in midfield, and it wasn't until the 78th minute that Gago's team sealed the match. Necaxa will host América in the third matchday, while the Roosters will fly home to face Pumas before the Leagues Cup begins. This article was translated into English by Artificial Intelligence. You can read the original version in 🇪🇸 here. 📸 Leopoldo Smith - 2025 Getty Images
