This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

BRF: Net Sales Reach R$ 28.5 Billion In 2012

SAO PAULO, March 4, 2013 /PRNewswire/ -- BRF reported net sales of R$ 28.5 billion for fiscal year 2012, 10.9% higher than posted in the preceding year, with a net income of R$ 813.2 million. The Company's efforts to accelerate the growth of its operations and at the same time comply with its commitments under the merger agreement were determinants in sustaining the positive result, underscoring BRF's competitive advantage in its capacity to plan and execute.

(Logo: http://photos.prnewswire.com/prnh/20090710/SPF002LOGO )

Exports rose 15.2% in revenues, totaling R$ 11.6 billion, and 9.6% by volume.

In the domestic market, sales revenue improved by 8.5% to reach R$ 12.6 billion. This was achieved despite the modest growth of the Brazilian economy and the divestment of some of the Company's assets and suspension of certain brand categories representing about a third of domestic market sales volume. Additionally, in the dairy products and food services segments, sales revenue rose by 6.9% and 7.9%, respectively.

EBITDA reached R$ 2.7 billion, a year-on-year decline of 17.4%, impacted by several factors such as cost pressure, transitory expenses and the ceding of assets combined with an adverse international trading environment.

BRF's robust governance model, consolidated in 2012 with the integration of Perdigao/Sadia, was reflected in the major advances which the company was able to record during the period in the form of new levels of efficiency which contributed to making the company increasingly more competitive and sustainable.

During the year, investments amounted to R$ 2.5 billion, 25% higher than  in 2011. Capital expenditures were directed to the development of hundreds of projects related to growth, efficiency and support: adjustments made to plants for those production lines shifted from transferred units, new distribution centers, and the redesign of the logistics network, among others. Over the twelve months, the Company launched 454 products, underscoring its capacity for innovation and reinforcing its penetration in several retailing channels. 

SOURCE Brasil Foods

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG

Markets

Chart of I:DJI
DOW 16,643.01 -11.76 -0.07%
S&P 500 1,988.87 +1.21 0.06%
NASDAQ 4,828.3250 +15.6170 0.32%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs