Grupo Bimbo's net profit totaled 30.23 billion pesos ($1.5 billion).

Results were also boosted by Bimbo's sale of its confectionery business Ricolino to Mondelez International Inc, the breadmaker said.

Company revenue totaled 109 billion pesos, a 15% jump from the year before, aided by a favorable price mix and higher sales volumes, the filing said.

Grupo Bimbo is among the Mexican food makers who last year signed onto a government anti-inflation plan to tame prices of basic food items.

($1= 19.5089 Mexican pesos)

(Reporting by Valentine Hilaire and Marion Giraldo; Editing by Brendan O'Boyle)