Friday, April 15, 2016

Dairy profit Jussara was discharged from 10% in 2015

The dairy Plant Jussara ended the year of 2015 with a net profit of R$ million, up 10.1% 18.696 of 16.980 R$ million recorded in the previous year. In the same period, the net revenues of dairy company, based in Patrocínio Paulista (SP), was 672.874 million R$, a high of almost 5% over the 642.741 million R$ 2014.
The commercial Director of Jussara, Laércio Barbosa, claimed to be "satisfied" with the result of 2015 before the unfavorable scenario of the dairy market of last year, when indenting in consumption and a drop in product prices in the country. The Jussara produces pasteurized milk, long life, condensed milk, dairy drinks, cream, butter, mozzarella and ricotta cheese.
He noted that the result could have been better, but the company has had an increase in financial expenses, which grew out of R$ million in 2014 to 14.676 33.790 R$ million last year. This elevation is related, according to Barbosa, monetization of PIS/Cofins credits and GST by the Government. The Jussara ended with R$ 2015 155 million in loans to repay, reported, which had an impact on the working capital. The year before, these credits-that are generated in the purchase of raw milk and packaging, mainly-125 million were R$.
Jussara''s net debt has also risen in 2015 and reached 266.080 million-R$ in the previous year, had been R$ 211.842 million. According to Barbosa, part of the debt is due to investments of r $ 20 million made in 2015 in new product lines-two of them are coming to market in the next few days: a long life milk in 1.5 liter bottle and a new line of dairy drinks. Part of the increase in debt, he said, is related to working capital.
After a difficult year, Barbosa is optimistic about 2016. According to the Director of Jussara, just in the first quarter of this year, the net profit of the company has already surpassed that of all of last year. "The first quarter was very good".
The supply of milk in the market for processing by the dairy is less, because there was a drop in production in the country, which is propping up the prices of final products. "[The performance] is not only better because consumption is still weak," said Barbosa.
But the expectation, said the businessman, is that demand begins to recover after a possible impeachment of President Dilma. "A change of Government should inject optimism in the economy," he estimated.
Valor Econômico
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