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Grupo Hérdez posts sales

This article was originally published in Foodnews

MEXICAN food group Grupo Hérdez has posted positive results for third-quarter 2009 driven by higher volumes, reduced costs and greater efficiency over spending. The company reported a rise of 13.8% in sales, 35.6% in EBITDA and 53% in net profit. Hérdez sauces, jams and tomato paste did particularly well in the third-quarter.



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