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 April 30, 2010
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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|
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(Registrant)
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Date:
April 30, 2010
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By
|
/s/
Daniel Salazar Ferrer, CFO__
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Bachoco
Announces Changes to its Accounting Procedures
Celaya, Gto., Mexico, - April 30,
2010 - 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 announced
today changes to its accounting procedure..
In order
to comply with the Mexican Securities and Banking Commission’s (CNBV)
requirement to apply International Financial Reporting Standards (IFRS) starting
in 2012, Bachoco announced today that it will start the adoption process in May
and will finalize it on January 1, 2012.
This
process will include several steps, like training at all the organization levels
and the evaluation of the impact of the current accounting processes, along
with communication and implementation.
In the
meantime, the Company will continue to report under the Mexican Financial
Reporting Standards ("Mexican FRS") for years 2010 and 2011.
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.
