Grupo Nutresa S. A. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 01, 2021 at 11:35 am EDT
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Grupo Nutresa S. A. Announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was COP 2,942,014 million compared to COP 2,665,449 million a year ago. Operating income was COP 250,097 million compared to COP 280,203 million a year ago. Net income was COP 137,158 million compared to COP 138,479 million a year ago. For the half year, sales was COP 5,775,714 million compared to COP 5,324,782 million a year ago. Operating income was COP 541,035 million compared to COP 536,844 million a year ago. Net income was COP 366,709 million compared to COP 328,773 million a year ago.
Grupo Nutresa SA, formerly Grupo Nacional de Chocolates SA, is a Colombia-based company engaged in the food processing sector. Its activities are structured in eight business segments: Cold Cuts, which specializes in the production of processed and matured meat products, ready-made meals, as well as canned foods and mushrooms; Biscuits, which includes a variety of sweet cookies and crackers; Chocolate, which comprises chocolate bars, powdered chocolate for drinks, cereal bars and peanuts snacks; TMLUC, which produces and sells instant cold drinks, pasta, coffee, snacks and soups, among others, under Tresmontes Lucchetti brand name; Coffee, which manufactures roasted and ground coffee, instant coffee, as well as coffee extracts; Retail Foods, which focuses on direct sale of food to customers; Ice Cream, which distributes water- and milk-based ice cream bowls, popsicles and cones, among others, and Pasta, which includes short, long, egg with vegetables, butter and instant pasta.