January 3

COMPANIES IN THE FOOD SECTOR ARE EXPECTED TO MAINTAIN THEIR GROWTH RATES IN 2020 ELECONOMISTA

Despite the global economic slowdown, which is expected to become even sharper, experts predict that the growth of companies in the food sector, such as Grupo Maseca, will not slow down. Supported by its global diversification and demographic dividend, especially in emerging economies, companies such as the one led by Juan González Moreno will maintain their growth trends in sales volumes, profits, and income.

January 5

VÍCTOR SÁNCHEZ BAÑOS / POWER AND MONEY. (VÉRTIGO 3) Money. Under the command of Juan González, tortilla and corn products manufacturer Gruma obtained a USD 250 million loan that it will use to settle several of its short-term liabilities in Mexican pesos. The loan will allow the company to improve the cost conditions of its debt, as well as its maturity profile.

January 9

100 GLOBAL MEXICAN COMPANIES. (EXPANSIÓN 71-76)

2019 marks the end of an era, not only because it is the end of a decade, but because it is the year that ended a cycle of economic expansion worldwide. In the graph titled “The Best Sellers,” Gruma is ranked ninth with MXN 53.952 billion. In the graph “Mexican companies whose results depend more on sales abroad, Gruma is ranked ninth with 72.9% of share in “The 500.” Gruma also ranked ninth with 19 countries in the graph titled “Those with a stronger presence outside the country,” and 12^th with 12,160 employees in the graph titled “Companies generating the most jobs outside of Mexico.” Gruma also ranked 11 in the ranking of “Mexican Companies Abroad.”

January 13

TRENDS. (EL ECONOMISTA 7)

GRUMA. The world’s leading producer of flour and corn products was up 1.68% this week. Since its minimum in the last 12 months, which occurred on July 23 of last year, it has gained 21.35% on the Mexican Stock Exchange.

GRUMA AMONG THE TOP FIVE MEXICAN GLOBAL COMPANIES DINERO EN IMAGEN

Mexican company Gruma, the world leader in the production of corn flour, tortillas, and flatbread, such as wraps, was ranked in the Top 5 of the food sector companies with a strongest global presence, according to the Ranking of Mexican Companies Abroad, prepared by Expansión magazine. The magazine lists the 100 companies that have operations outside of Mexico, where Gruma is ranked 11 in the general ranking, and number 3 among food sector companies, only behind Grupo Bimbo and Sigma Alimentos.

January 15

PROMOTION OF SMES ABROAD TO CREATE FOUR MEXICO HOUSES. (EL ECONOMISTA PP-16)

The Confederation of the National Chambers of Commerce, Services, and Tourism (CONCANACO SERVYTUR) plans to open four international Mexico Houses to promote the export of products made by small and medium-sized (SMEs) companies in Mexico. The houses located in China, Ireland, Spain, and England, will serve as centers where SMES can exhibit products, promote tourism, and liaise with buyers in those nations. The chamber expects to open the second exhibition point for Mexican products in China in the coming months, after opening the first one in Shanghai in 2019. Maseca is one of the Mexican companies operating in China...

January 16

A RELATIONSHIP WITH A HUGE POTENTIAL HERALDO DE MEXICO

Minnesota, known as the Viking state because of its large Scandinavian population, is home to a powerful economy with a deep commercial relationship with our country. Although little is known about this state in Mexico, the Fortune 1000 list published in 2019 included 24 Minnesotan companies, 18 of which are present in Mexico. Also, Mexico exports machinery, medical and optical equipment, electrical devices, auto parts, and other supplies to this state in the United States. Six large Mexican companies are present in Minnesota: La Costeña, Gruma, Bimbo, Grupo Cementos de Chihuahua, Grupo Herdez, and Cinemex in recent days, have successfully opened a path for themselves in Minnesota.

January 17

USMCA BOOSTS THE STOCK EXCHANGE. (EL ECONOMISTA 1-8) (EL ECONOMISTA ONLINE 0)

Experts say that consumer companies, in addition to Bimbo and Gruma, could obtain greater benefits from signing the trade agreement. The Mexican Stock Exchange was buoyed up this Thursday after the U.S. Senate approved the ratification of the Treaty between Mexico, the United States, and Canada (USMCA), just one day after signing phase 1 of the trade agreement with China. The S&P/BMV IPC, the main stock index of the Mexican Stock Exchange closed yesterday with a 1.91% gain; that is, 849.75 points higher than the close on Wednesday, reaching 45,303.08, as its highest level in the last nine months.

January 20

TRENDS. (EL ECONOMISTA 7) (EL ECONOMISTA ONLINE 0)

GRUMA.The issuer won a total of MXN 2.510.15 billion in market value in the week that ended on January 17, with a 2.98% yield, thus accruing 6.9% returns in 2020.

January 23

COCA FEMSA, GRUMA, LALA MOVE TO ‘BUY’ FOR GOLDMAN SACHS. (INFOSEL ONLINE 0) (INVESTING.COM ONLINE 0)

Goldman Sachs upgraded consumer companies Coca-Cola Femsa, Gruma, and Grupo Lala from “neutral” to “buy,” given the positive outlook expected for consumption and attractive valuation of the shares. “Mexican stocks devalued materially throughout 2019 as investors became cautious about the macroeconomic outlook and political environment,” wrote Goldman Sachs experts in a report on Latin American stocks.

MONEX ANTICIPATES A POSITIVE YEAR FOR GRUMA IN THE STOCK MARKET. (LA JORNADA ONLINE 0)(INFOSEL ONLINE 0)(REPORT ACERO ONLINE 0)

Gruma shares are facing a positive outlook in the stock market for 2020, thanks to the company’s results in 2019, the company’s share in the U.S. market, and improved prospects for consumption said Grupo Financiero Monex on Tuesday. The financial institution estimated that Gruma shares will trade at MXN 220 per share this year. They are currently trading at MXN 205.8 per share. He said that in the most recent days of the year, Gruma shares have enjoyed a 6.3% return, while returns on the local stock market’s benchmark of the Price and Quotations Index of the Mexican Stock Exchange, have stood at 5.1%.

GRUPO MASECA WILL HELP CONTAIN PRICES ON CORN DERIVATIVES. (INFO RURAL ONLINE 0)

The production of the main grains in Mexico, including corn and wheat, started to drop early last year, which together with a higher global demand for these grains could put upward pressure on the prices of these grains and the products derived from them, warned Gabriela Siller, Director of Economic and Financial Analysis at BancoBase. In this regard, it is important to note that Gruma, as one of the main companies in Mexico and an international leader in the production of nixtamalized corn flour, has the productive capacity necessary to keep from increasing the price of its final products due to the lower supply of grain. It is important to remember that Gruma recently said that it had contracted hedging for 2020, by taking advantage of the lower prices...

January 25

GRUMA MAINTAINS ITS GROWTH IN 2020. (LA CRÓNICA DE HOY ONLINE 0)

This year, Mexican company Gruma, a leader in the production of corn flour, tortillas and wraps worldwide, will maintain the growth path charted in 2019, despite lower international economic growth forecasts and pressure on the price of grains. At the end of the third quarter last year, the company, led by Juan González Moreno, had surprised financial analysts with results in sales and profits higher than expected by the market consensus. The fourth quarter and the company’s year-end figures, which will be reported in February, also look encouraging, as reflected in an increase in the value of the company on the Mexican Stock Exchange and a positive outlook for 2020 ...