Force had net income of $ 12.7 million in the third quarter

SAO PAULO-the Force food, controlled by the J&F, who had earlier reported a net profit of r $ 12.7 million in the third quarter of this year, compared with a loss of r $ 2.7 million a year earlier.
The net consolidated revenues of dairy company in the third quarter stood at R $ 600 million, 183% more than the r $ 341,033 million for same period in 2012. The significant breakthrough stems from the inclusion of the results of the Itambé Foods on the balance sheet of the quarter.
The earnings before interest, taxes, depreciation, amortization (Ebitda) of consolidated Force stayed at R $ 58.6 million, with an increase to 566.2% as compared to the same quarter of 2012. The Ebitda margin was 6.1 percent — had been 2.6% a year earlier.
According to the data disclosed to the market, the total volume sold by Force totaled 200.4 kilotons, 117% higher than that sold in the third quarter of last year.
The company's consolidated gross profit was R $ 246,4 million, high of 156.2% over the same period in 2012. At the end of the third quarter, net debt totaled R $ 783,4 million and Force the relationship between net debt and trailling 12 months was 3.85 times.