Monday, October 31, 2016

NET BRF R$ 8.5 billion hits

BRF''s net operating revenue advanced 2.7% in the third quarter of the year compared with the same period of the previous year, reaching R$ 8.5 billion. In the period, the company sold more than 1.2 million tons of food in the world. The data were released on Friday (28/10).

During the period the company invested R$ 641 million in the period. "Looking to the future, we reaffirm our purpose of '' feed the world '' and our strategic direction to grow through innovation", says Peter Do, CEO of BRF.

Between July and September, the BRF announced the creation of a subsidiary in Egypt, with the purpose of initiating advances in the value chain. Also formalized a partnership with the FFP, Halal food processing company based in Malaysia; and signed an agreement of investment in the amount of US $ 20 milhões in IPO of COFCO Meat, in order to increase its presence in China through strategic partnerships.

"We are certain that we will be in 2017 even stronger than our competitors. For the next few quarters, we believe the sector scenario continues to improve in terms of adjusting the supply of chicken as public data production and accommodation; gradual convergence of price of corn to close the export parity; and brazilian economy recovery, "would do.
Supermercado Moderno
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