BRFS - BRF S.A.
| Previous Close | 5.50 |
| Open | 5.49 |
| Bid | 0.40 x 1300 |
| Ask | 6.56 x 21500 |
| Day's Range | 5.47 - 5.64 |
| 52 Week Range | 4.65 - 14.13 |
| Volume | 3,466,451 |
| Avg. Volume | 2,729,333 |
| Market Cap | 4.359B |
| Beta (3Y Monthly) | 0.87 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | N/A |
| Earnings Date | N/A |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | 2016-07-13 |
| 1y Target Est | N/A |
- Reuters•2 days ago
Brazilian police refer ex-BRF executives to prosecutors in food probe
Brazilian police have referred two former executives of food processor BRF SA (BRFS3.SA) to federal prosecutors in an investigation into food safety that disrupted meat production in 2017, documents seen by Reuters showed on Monday. The allegation is that former BRF Chairman Abilio Diniz and former Chief Executive Officer Pedro de Andrade Faria did not disclose damaging information when they were at the company.
- Reuters•10 days ago
Brazil's BRF to conclude asset sales in Dec, tips next CEO
Executives at Brazilian food processor BRF SA detailed a turnaround plan on Monday, saying the company plans to conclude asset sales in December and naming a successor to Chief Executive Pedro Parente. Parente, who will stay on as chairman, said Chief Operating Officer Lorival Luz would succeed him as CEO, with the transition expected to be complete in mid-2019. Parente was named chairman and CEO in June as part of a management overhaul demanded by investors after consecutive money-losing quarters accompanied by allegations BRF sought to evade food safety checks for its meat.
- Reuters•10 days ago
Brazil's BRF CEO Parente says COO Luz to succeed him
Chief Executive Pedro Parente of Brazilian meatpacker BRF SA said on Monday that current Chief Operating Officer Lorival Luz would succeed him in the CEO role. Parente told investors and analysts after ...
- Reuters•10 days ago
Brazil's BRF aims to return to historic margins, cut debt -presentation
Brazilian meatpacker BRF SA aims to reverse a drop in profit margins by 2019 and return to historic margin levels by 2020, according to an investor presentation released on Monday. The company is also ...
- Reuters•29 days ago
Brazil's BRF sees rising competition for corn from ethanol makers
Brazil's largest poultry processor BRF SA has seen rising competition for corn supplies in the country's center-west region coming from plants producing corn-based ethanol, Chief Executive Pedro Parente said on Wednesday. Corn-based ethanol is a relatively new trend in Brazil, but has been developing quickly in center-west states such as Mato Grosso due to the ample supplies of the cereal. "We have seen an increase in consumption of corn by ethanol makers in Mato Grosso and Goiás, they became a relevant corn user," said Parente at a presentation in a seminar organized by broker and analyst INTL FCStone in Sao Paulo.
- Reuters•29 days ago
Brazil's BRF sees rising competition for corn from ethanol makers
Brazil's largest poultry processor BRF SA has seen rising competition for corn supplies in the country's center-west region coming from plants producing corn-based ethanol, Chief Executive Pedro Parente said on Wednesday. Corn-based ethanol is a relatively new trend in Brazil, but has been developing quickly in center-west states such as Mato Grosso due to the ample supplies of the cereal.
Reuters•last monthExclusive: Brazil prosecutors seek leniency talks with BRF in food fraud probe
Brazilian federal prosecutors probing whether chicken processor BRF SA (BRFS3.SA) and certain laboratories colluded to cheat on food safety tests are seeking cooperation from the firms in return for more lenient penalties, a federal prosecutor told Reuters in an interview. Prosecutors had found "grave irregularities" and would demand that the companies carry out a root-and-branch restructure as part of any leniency deal, federal prosecutor Lyana Helena Joppert Kalluf said last week. Police raids of three testing laboratories owned by Mérieux NutriSciences Brasil and used by BRF had turned up data showing a "systematically" high number of false positives for the salmonella pathogen, according to court documents seen by Reuters that were previously sealed.
- Reuters•last month
Brazil fund Previ needs more details to decide on Embraer-Boeing deal -CIO
The chief investment officer of Brazilian pension fund Previ said on Tuesday the fund needed more details to approve a proposed deal between Embraer SA and Boeing Co.. The fund, a shareholder in Embraer, was favorable "in principle" towards the deal, but needed details on how much debt and which assets would be transferred to the new company in which Boeing would have an 80 percent stake, CIO Marcus Moreira said on the sidelines of a pension fund conference. Previ has a 3.9 percent stake in Embraer, but according to intricate Embraer bylaws, the votes of Brazilian shareholders should represent 60 percent of total votes.
- Reuters•last month
Brazil's BRF names Elcio Ito as CFO -filing
Brazilian food company BRF SA has named Elcio Ito as chief financial officer replacing Lorival Luz, who had held the role on an interim capacity, according to a securities filing on Monday. The board, ...
- Thomson Reuters StreetEvents•2 months ago
Edited Transcript of BRFS3.SA earnings conference call or presentation 10-Aug-18 1:00pm GMT
Q2 2018 BRF SA Earnings Call
- Reuters•2 months ago
BRF sees potential bidders for 'all' Argentine assets - CFO
Brazilian food processor BRF SA said there are potential bidders for "all" of its Argentine assets, an executive told reporters in a conference call on Friday to discuss second-quarter earnings. ...
- Reuters•2 months ago
BRF sees lifting EU chicken ban difficult in short term
Brazil's largest chicken processor, BRF SA, said a ban imposed by the European Union on its meat exports will be difficult to reverse in the short term, according to management remarks on a conference ...
- Benzinga•2 months ago
A Preview Of BRF's Q2 Earnings
BRF (NYSE: BRFS ) announces its next round of earnings Friday. Here's Benzinga's advanced look at BRF's Q2 earnings report. Earnings and Revenue Analysts are predicting BRF will report a loss of 10 cents ...
- Reuters•3 months ago
Brazil's BRF hires three banks to advise it on asset sales
Brazilian food processor BRF SA said in a securities filing on Monday that it had hired the investment banking units of Itaú Unibanco Holding SA and Banco Bradesco SA to advise it on the sale of its Argentine ...
- Reuters•3 months ago
Brazil's BRF to furlough 1,400 poultry workers for months
SAO PAULO/BRASILIA, July 10 (Reuters) - BRF SA, one of the world's largest pork and poultry processors, said on Tuesday it would furlough 1,400 workers at a plant in southern Brazil for up to five months, following on a major restructuring plan announced last month. The furloughs will affect staff associated with the chicken slaughtering and processing lines in its Chapeco unit in Santa Catarina state and begin on Aug. 29, BRF said in a statement.
- Reuters•3 months ago
Brazil's BRF seeks to refinance bank debt -paper
BRF SA, the world's largest poultry exporter, is in talks to refinance bank debts, opening a new front in a sweeping turnaround plan, a Brazilian newspaper reported on Wednesday. New Chief Executive Pedro Parente has already sat down with representatives of Banco do Brasil SA, Banco Bradesco SA and Itaú Unibanco Holding SA, in a bid to lengthen the maturity of debts, newspaper Estado de S. Paulo reported, without specifying how it obtained the information. At the end of March, BRF's gross debt totaled 20.7 billion reais ($5.3 billion), according to its quarterly earnings.
- Motley Fool•4 months ago
Why Perry Ellis, BRF S.A., and Acxiom Jumped Today
Find out which of these companies just sold most of its business.
- Motley Fool•4 months ago
Why BRF S.A. Stock Popped Today
The Brazilian meat processor is restructuring. Here's what investors need to know.
- Reuters•4 months ago
Brazil's BRF announces restructuring, selling Europe, Argentina assets
Brazil's BRF SA, one of the world's largest pork and poultry processors, announced a large restructuring plan on Friday that includes selling operations in Europe, Argentina and Thailand to cut debt. In a securities filing and a conference call with investors and analysts, the company said it will adjust operations in 22 of its 35 plants to match production to smaller demand. Last month, Pedro Parente, formerly at state-controlled oil company Petrobras, took over as chief executive.
- Reuters•4 months ago
Brazil's BRF launches restructuring plan, to sell assets in Europe
Brazil's BRF SA, one of the world's largest pork and poultry processors, announced on Friday a large restructuring plan that includes selling operations in Europe, Argentina and Thailand to cut debt. In ...
- Reuters•4 months ago
Brazil chicken exports slump as EU bans weigh
Brazilian chicken exports fell by 8.5 percent in the five months through May as the world's largest exporter was hit by trade embargoes imposed by the European Union following a food-sector corruption investigation, trade group ABPA said on Thursday. ABPA said export revenue fell 12.3 percent to $2.6 billion, in tandem with volumes over the period. Shipments to the European Union fell the most, by 40 percent, ABPA said.
- Reuters•4 months ago
Brazil's BRF in talks to sell some Minerva shares -paper
Brazilian food processor BRF SA is negotiating a block sale of some of its shares in smaller beef company Minerva SA, newspaper Valor Econômico said on Thursday. According to the latest figures provided in Minerva's website, BRF owns an 11.62 percent stake in Minerva, Brazil's fourth-largest listed meat company by sales. BRF began to sell shares in the market in the first week of June, contributing to a 6.6 percent decline in the price of Minerva shares this month, according to the news article.
- Reuters•4 months ago
PRESS DIGEST- Financial Times - June 15
The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy. Headlines ECB to phase out bond-buying programme by year end https://on.ft.com/2HQeRHa ...
- Bloomberg•4 months ago
Ex-Petrobras CEO Picked to Turn Around Brazil Food Giant BRF
Pedro Parente was named chief executive officer at Brazil’s struggling food giant BRF SA amid hopes that the investor-loved executive will replicate the successful turnaround he implemented at state-controlled oil company Petrobras. Parente will also continue as chairman of BRF for at least 180 days. Speculation that Parente would take over as BRF’s CEO grew in the last few weeks.
