Tuesday, September 15, 2015

Phibro grew 17% in sales of products in Brazil

The American Phibro, specialized in the production of additives used in animal feed as growth promoters, recorded 17% growth in turnover in dollar sales in Brazil in ano-fiscal closed June 30 reported the Press Office of the company.
Although the rate of growth, not detailed the Phibro financial data of the Brazil of that fiscal year, but in the calendar year of 2014 the company recorded revenues of about $ 270 million in Brazil, according to recently reported the President of Phibro in the country, Stefan Mihailov, interview with Value.
Around the world, Phibro's net revenue reached $ 748,6 million at 30 June ano-fiscal ended, an increase of 8% in comparison with the $ 691,9 million reported in the previous period, as balance sheet released last week.
In ano-fiscal closed in June, the company had net income of $ 60,3 million worldwide, compared with the $   loss 3.1 million recorded in the preceding ano-fiscal.
Valor Economico
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