|Bid||4.5200 x 27000|
|Ask||5.1000 x 27000|
|Day's Range||4.8350 - 4.9550|
|52 Week Range||2.8500 - 6.0800|
|Beta (5Y Monthly)||1.21|
|PE Ratio (TTM)||23.48|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Jul 13, 2016|
|1y Target Est||5.52|
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Now I'd like to turn the conference over to Mr. Lorival Luz, Global CEO of BRF, who will begin the presentation. This also goes to show everything that we've talked about in terms of our Vision 2030, the fact that we intend to be increasingly more a brand of value added products, which will bring us increasingly further to a more stable level of margins as a company of products or high value-added products.
Food company BRF SA , which processes poultry and pork and makes most of its sales in home market Brazil, struggled to pass on higher grain costs to product prices in the second quarter, Chief Executive Lorival Luz told analysts. BRF on Thursday reported a net loss of 240 million reais ($46 million), driven by higher feed costs and financial expenses. The world's largest chicken exporter pointed to high product inventories in certain markets as a reason for not being able to raise prices in its home market, citing Japan's chicken stocks specifically.