Monday, February 06, 2017

Result of Aurora Foods falls in 2016

Aurora foods, the country''s third-largest agribusiness group in the area of meat, registered sharp reduction in your financial earnings in 2016 in comparison with the previous year, with the impact of the economic recession that has affected the consumption and also due to the high prices of inputs.
The end result-or "spare" in the jargon of cooperatives-hit R$ last year 109,200,000, or 1.40% of net operating revenue, down from 246 million R$ in 2015, said the dawn.
Already the gross operating revenue reached R $8.6 billion in 2016, a growth of 12.9% compared to the previous year. According to the company, 76% of revenues came from domestic sales and 24% of exports.
Supermercado Moderno - 03/02/2017
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