CONFORMED
Securities
and Exchange Commission
Washington,
D.C. 20549
FORM
6-K
Report of
Foreign Issuer
Pursuant
to Rule 13a-16 Or 15d-16
Of
The
Securities
Exchange Act of 1934
For the
month of December 29, 2009
BACHOCO
INDUSTRIES
(Translation
of Registrant’s name into English)
Avenida
Tecnológico No. #401
38010
Celaya, Guanajuato
(Address
of principal office)
(Indicate
by check mark whether the registrant files or will file annual reports under
cover of Form 20-F or Form 40-F.)
(Check One) Form 20-F x Form
40-F ¨
(Indicate
by check mark whether the registrant by furnishing the information contained in
this Form is also thereby furnishing information to the Commission pursuant to
Rule 12g-3-2(b) under the Securities Exchange Act of 1934.)
(Check One) Yes ¨ No x
(If “Yes”
is marked, indicate below the file number assigned to the registrant in
connection with Rule 12g3-2(b). 82__.)
SIGNATURES
Pursuant to the requirements of the
Securities Exchange Act of 1934, the registrant has duly caused this report to
be signed on its behalf by the undersigned, thereunto duly
authorized.
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Industrias
Bachoco, S.A. de C.V.
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(Registrant)
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Date: December 29,
2009
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By
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/s/ Daniel Salazar Ferrer,
CFO
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Bachoco
Announces Effects of Mexican Tax Reforms
Celaya, Gto., Mexico, - December 29,
2009 - Industrias Bachoco S.A.B. de C.V. (“Bachoco” or “the Company”)
(NYSE: IBA; BMV: Bachoco), Mexico’s leading producer and processor of poultry
products, today announced that following the Mexican Stock Exchange
recommendation, the Company is disclosing the main effect resulting from the
reform of the Mexican tax laws, according to information published in the
Official Gazette on December 7, 2009. As a result, Bachoco’s income tax rate
will increase two percentage points for the year 2010.
As a
consequence of such increase, during this fourth quarter the Company will record
a one-time charge of about Ps.200 million for deferred taxes; nonetheless, this
charge will not affect the Company’s cash flow.
Bachoco
does not expect any other material effects on its financial condition resulting
from other items in the above-mentioned Mexican reforms.
Company
Description
Industrias
Bachoco S.A.B. de C.V. is the largest poultry company in Mexico, with over 800
production and distribution facilities currently organized in nine complexes
throughout the country. Bachoco’s main business lines are chicken, eggs, swine
and balanced feed. The Company’s headquarters are based in Celaya, Guanajuato,
located in Mexico’s central region. Its securities are listed and traded on the
BMV (Bachoco) 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.
