Grupo Nutresa S. A., together with its subsidiaries, operates in the food industry in Colombia, Latin America, and internationally. The company produces and sells cold cuts, matured meats, sausages, canned food, ready-to-eat dishes, and mushrooms; biscuits and cookies comprising, cream and wafers; salty crackers; and snacks. It also produces and sells chocolate bars, chocolate candies, cereal bars, milk modifiers, and nuts; instant cold drinks, pastas, coffee, snacks, edible oil, juices, soups, desserts, and teas, as well as roasted and ground, instant powdered, granulated, and coffee extracts. In addition, the company offers hamburger products, prepared meats, pizza, ice cream, and yogurt through restaurants and ice cream parlors. Further, it provides ice cream products, including desserts, water and milk-based ice cream pops, cones, and ice cream by the liters, as well as ice cream cups and biscuits with ice cream; and short, long, and egg pasta with vegetables and butter, and instant pasta. Grupo Nutresa S. A. was incorporated in 1920 and is headquartered in Medellín, Colombia.
The market has already priced in a 25bps rate cut from the Fed next week like it’s a done deal. So this week, we’re zooming in on what’s really been going on in the bond market, and what it all means for dividend investors who want to maintain yield.
Over the last 7 days, the market has remained flat, although notably the Industrials sector gained 3.1% in that time. As for the longer term, the market has risen 29% in the past 12 months. Looking forward, earnings are forecast to grow by 3.1% annually. Market details ›