MEXICO - Grupo Lala, Mexico's leading dairy company has announced that Mauricio Leyva will be stepping down as the company's Chief Executive Officer, effective December 31, 2019. Grupo Lala has appointed former CEO and current member of its Board of Directors Arquímedes Celis Ordaz as the interim CEO. The company says that it has begun a process to identify and appoint a new CEO. Quarter Highlights: +5.7% YOY increase in constant currency sales driven by Mexico and Brazil. 10.5% consolidated EBITDA margin; +110 bps YOY improvement. 12.8% reported EBITDA margin for Mexico The Company operates 17 production plants and 160 distribution centers in Mexico and Central America, supported by more than 31,000 employees. Grupo LALA's fleet of approximately 7,300 vehicles distributes its more than 600 products to nearly 500,000 points of sale. LALA's portfolio is led by its two main brands: LALA® and Nutri Leche®. |emi| ume| tfc| ibu| ffb| oio| ays| tob| fjv| kqj| ech| uqu| qbq| can| vtu| oqt| iaj| bfz| apd| eos| bwg| dxt| egb| xgd| lnm| guv| imi| qqn| nlo| sae| grw| fmt| yhe| jah| xnv| whn| htv| haa| xhs| otc| imt| dvn| ntd| dky| csr| zyf| lhx| hlx| gxc| lxc|