Mexican dairy producer Grupo Lala's 2019 second quarter sales netted 14,467m pesos ($758m) in Mexico, a 3.9% increase from Q2 2018. The company cited “innovation and an improved mix” of its ‘value-added dairy’ offerings as reason for the jump.
Grupo Lala announced this week that it reached a deal with Blue Diamond Growers to distribute Blue Diamond Almond Breeze almond beverages in Mexico. It also released fourth-quarter and full-year financial reports from 2018.
Grupo LALA posted $789m in net sales for the first quarter of 2017, an 18.3% increase compared to the same period last year, which the dairy company credits to a product mix that continues to evolve towards a value-added portfolio.
Grupo LALA’s focus on nutritious food and beverage products (both dairy and non-dairy) continues to pay off as the Mexican company reported a 12.5% increase in net sales and $2.4m (44m pesos) in profit compared to the same period last year for its third...
Grupo Lala reported an 8.9% quarterly increase in net sales closing at $684.8m (12,903m pesos) for its second quarter, largely driven by sales of its non-dairy products and strong continued growth of its dairy segment.