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Grupo Nutresa Results 2Q22

stocks and shares

Grupo Nutresa reported solid results during the second quarter of 2. Total revenue increased 22% YoY to COP $36.4 billion, reflecting the positive momentum experienced by most of the company's business units. Double-digit sales growth across most products is notable, in addition to the strong performance of international sales, where specialized products in each region diversify and protect against changing customer consumption dynamics. Additionally, Grupo Nutresa reported 4.01% YoY sales volume growth across all business units during the second quarter of 14.2 in Colombia. Additionally, price increases in Colombia were 2% YoY, and internationally, they increased by 22% (in US dollars), leveraging revenue growth.

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