CELAYA, Gto., Mexico, Feb. 4 /PRNewswire-FirstCall/ -- Industrias Bachoco S.A.B. de C.V. ("Bachoco" or "the Company") (NYSE: IBA; BMV: Bachoco B) filed its Annual Report on Form 20-F for the year ended December 31, 2006 with the Security and Exchange Commission ("SEC"). The 2006 Form 20-F includes audited consolidated financial statements of Industrias Bachoco, S.A.B. de C.V. and its subsidiaries at December 31, 2005 and 2006 and for the years ended December 31, 2004, 2005 and 2006 under Mexican GAAP, including a reconciliation of Mexican GAAP to U.S. GAAP for net income and shareholders' equity.
The 2006 Form 20-F can be downloaded from the SEC website http://www.sec.gov/ and can also be found at Bachoco's website http://www.bachoco.com.mx/ under "Investor Relations." Industrias Bachoco, S.A.B. de C.V. Mexican shareholders and the holders of its American depositary shares can request copies of its 2006 Form 20-F, free of charge, by contacting us at the following address: Industrias Bachoco, S.A.B. de C.V., Attention: Investor Relations, Av. Tecnologico 401, Celaya, Guanajuato, Mexico, telephone: 011-52-461-6183555.
Company Description
Industrias Bachoco S.A.B. de C.V. (also referred to in this report as Bachoco or the Company) was founded by the Robinson Bours family in 1952. The Company is the largest poultry company in Mexico, with over 700 production and distribution facilities currently organized in nine complexes throughout the country. Bachoco's main business lines are chicken, eggs, swine and turkey, the Company is also an important player in the balanced feed industry in Mexico. The Company's headquarters are based in Celaya, Guanajuato, located in Mexico's central region.
Industrias Bachoco made an initial public stock offering in September 1997. Its securities are listed and traded on the BMV (Bachoco B) and on the NYSE (IBA).
For more information, please visit Bachoco's website at http://www.bachoco.com.mx/ or contact our IR department.
This press release contains certain forward-looking statements that are subject to a number of uncertainties, assumptions and risk factors that may influence its accuracy. Actual results may differ. Factors that could cause these projections to differ, include, but are not limited to: supply and demand, industry competition, environmental risks, economic and financial market conditions in Mexico and operating cost estimates. For more information regarding Bachoco and its outlook, please contact the Company's Investor Relations Department.
