SAO PAULO, Aug. 10, 2017 /PRNewswire/ -- Throughout the
second quarter of the year, BRF marketed more than 1.1 million of
tonnes worldwide, reflecting a slight increase over the volume sold
in the first quarter. This result led to an improvement in the
company's indicators that recorded net revenue of R$ 8 billion in the same period, an amount 2.8%
higher than that of the last reported result.
The company's EBITDA advanced 13.7% in comparison with the
previous quarter, and reached R$ 575
million. The expansion reflects an early recovery of the
operations in the international market and also the reduction of
the costs of grains. BRF started to gain market share again in
Brazil, a move that marks the
reversal of a trend since the end of 2015.
Nevertheless, the company recorded a loss of R$ 167.3 million in the period. The index was
especially impacted by nonrecurring events related mainly to the
Operation Weak Flesh.
Markets
Brazil is still the main
destination of the products marketed by BRF. In 2Q17, the company
sold 495,000 tonnes of food in the country. OneFoods, a BRF
subsidiary responsible for the countries of the Muslim community,
comes next with a total sale of 258,000 tonnes. Asia follows with 173,000 tonnes, then
Europe appears next, with 89,000
tonnes; Latam, 63,000 tonnes; and Africa, 25,000 tonnes.
Investments
BRF invested R$ 457 million in the
second quarter of the year. This amount was shared as follows:
R$ 175 million was earmarked for
growth, efficiency and support; R$ 180
million for biological assets; and R$
102 million for commercial leasing and other investments.
Although the total value has been smaller than that of 2Q16, the
company has prioritized investments that drive growth and cash
generation, promote flexibility on the production lines, and
increase the level of quality and compliance.
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SOURCE BRF S.A.