Francisco Robinson Bours

Mexico | Bachoco and Megacable | Food and Beverage, Telecommunications

September 18, 2022 | 09:00 PM

Read this story in

Portuguese or inSpanish

The Robinson Bours family has had a challenging, even bittersweet year. In the first quarter of 2022, Megacable got the best quarterly revenue in its history with more than MX$6.56 billion (about US$210 million), thanks to a renewed penetration in the mass and business markets of pay TV and telecommunications services. But with Bachoco, the food giant is positioned as one of the companies seeking to delist from the Mexican Stock Exchange and the NYSE, a trend that is causing nervousness in the Mexican stock market environment.