9.49 0.00 (0.00%)
After hours: 4:34PM EST
|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||9.38 - 9.49|
|52 Week Range||8.91 - 15.50|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||0.00 (0.00%)|
|1y Target Est||14.90|
The result reflects the greater volume of sales recorded in the period, driven mainly by the sales of Christmas season products in Brazil and Southern Cone. As for the full-year results, net operating revenue totaled R$33.5 billion, a drop of 0.8% compared to 2016. Full-year 2017 reported a net loss of R$1.1 billion, reflecting the adverse financial and operational impacts in 2017, which totaled R$772 million.
Brazil's BRF SA swung to a loss in the fourth quarter, missing a consensus estimate for a profit, as the food processor wrote down unsold inventory and faced a difficult market for its exports to Europe and Asia. Brazil's largest chicken exporter reported a net loss of 784 million reais ($241 million) in the fourth quarter. Adjusted earnings before interest, tax, depreciation and amortization, a gauge of operating profitability, came in at 645 million reais, below the consensus estimate of 1.14 billion reais.
Brazil's BRF SA reported a 789 million reais loss in the fourth quarter of last year, missing a consensus estimate of 212 million net income, as the food processor failed to sustain a recovery started ...
Brazilian food company BRF SA launched a new meats brand aimed at cost-conscious buyers, venturing into the discount market that represents about one-third of the country's processed food sales, a company executive said on Tuesday. Some 14 products including sausages, hamburgers, and cold cuts will be sold and primarily distributed at cash-and-carry outlets, BRF vice president for Brazil, Alexandre Almeida, told reporters during a conference call. Antitrust agency Cade lifted brand limits established in 2011 at the time it approved the merger of Sadia and Perdigão, which created BRF SA.
Categories: ETFs Yahoo FinanceClick here to see latest analysis ETFs with exposure to BRF SA Here are 5 ETFs with the largest exposure to BRFS-US. Comparing the performance and risk of BRF SA with the ETFs that have exposure to it gives us some ETF choices that could give us similar returns with lower volatility. Ticker Fund Name ... Read more (Read more...)
Categories: Yahoo FinanceGet free summary analysis BRF SA reports financial results for the quarter ended September 30, 2017. We analyze the earnings along side the following peers of BRF SA – Tyson Foods, Inc. Class A, Hormel Foods Corporation, Seaboard Corporation and Bunge Limited (TSN-US, HRL-US, SEB-US and BG-US) that have also reported for this period. Highlights ... Read more (Read more...)
SÃO PAULO, Nov. 22, 2017 /PRNewswire/ -- BRF S.A. ("BRF" ou "Companhia") (B3: BRFS3; NYSE: BRFS), pursuant to CVM Instruction 358, of January 3, 2002 , in continuity with the Material ...
Rating Action: Moody's assigns Ba1/Aaa. ar ratings to Quickfood's proposed notes; negative outlook. Global Credit Research- 16 Nov 2017. Buenos Aires City, November 16, 2017-- Moody's Latin America has ...
On a per-share basis, the Sao Paulo-based company said it had net income of 5 cents. The chicken, beef and pork producer posted revenue of $2.76 billion in the period. BRF shares have fallen 11 percent ...
(Repeats to add dropped word in headline) SAO PAULO, Nov 8 (Reuters) - Brazil's BRF SA and a subsidiary of China's COFCO Corp signed a memorandum of understanding (MOU) to boost cooperation on food safety ...
Brazil's BRF SA and a subsidiary of China's COFCO Corp signed a memorandum of understanding (MOU) to boost cooperation on food safety and quality controls, the Brazilian company said in a statement on Wednesday. BRF's CEO Pedro Faria said in the statement that China's market is a priority for BRF and the agreement with Cofco Meat Holdings Ltd should allow the two companies to improve product quality.
South Korea has authorized three plants in the Brazilian state of Santa Catarina to export pork to the Asian nation, opening a market in the world's fourth largest importer of this type of meat, local industry group ABPA said on Friday. It said BRF SA, Cooperativa Central Aurora Alimentos and Pamplona Alimentos each had one meatpacking factory cleared for pork sales to South Korea. The three plants are located in the southern Santa Catarina state, Brazil's largest pork producer and the only one in the country holding an international certificate of free of food and mouth disease with no vaccination required.
Brazilian food company BRF SA said on Friday that for the first time in history domestic meat producers will be allowed to sell pork to South Korea, citing a list divulged by the Asian importer a day earlier. ...
Brazil's Ministry of Agriculture has granted BRF SA, the country's largest chicken exporter, permission to resume exports from a plant in the state of Goiás that was temporarily closed after a food inspection scandal. In a statement on Friday, BRF said in coming months foreign inspectors should visit the plant in the city of Mineiros to grant final approvals to begin exporting.
BRF SA Chief Executive Pedro de Andrade Faria plans to leave by the end of the year, following a series of heavy quarterly losses by the world's largest chicken exporter. The company, in a statement, said on Thursday it has already started to look for a replacement for Faria, a former executive of BRF's largest shareholder, investment firm Tarpon Investimentos SA, where he will return after leaving BRF. Faria took the helm in 2015, after retail tycoon Abilio Diniz, currently BRF chairman, partnered with investment firm Tarpon to overhaul management of the food processor.
Brazilian food processor BRF SA on Thursday said its Chief Executive Pedro de Andrade Faria will leave the company by Dec. 31. BRF, the world's largest chicken exporter, did not provide a reason for the ...
BRF SA, the world's largest chicken exporter, believes rigorous inspection standards can help open new markets to Brazilian food products, an executive said on Wednesday, commenting on the effects of a recent and temporary ban on the country's meat exporters amid a food safety crisis. The "Weak Flesh" probe uncovered allegations that inspectors were bribed to ignore lapses in food standards. Police have accused more than 100 people of taking bribes in exchange for allowing the sale of rancid products, falsifying export documents or failing to inspect meatpacking plants.
BRF SA, the world's largest chicken exporter, sees internationalization as the best way to grow its business while believing that Brazil's heavy fiscal burden hampers the firm's ability to compete globally, ...
BEIJING/SAO PAULO, Aug 18 (Reuters) - China has launched an anti-dumping investigation into imports of Brazilian broiler chicken in another blow for the South American country's meat industry and threatening over $1 billion of exports annually. The investigation comes after a complaint from China's domestic industry that Brazil, its top supplier of chicken, has been selling its broilers below market value.
Categories: Yahoo FinanceGet free summary analysis BRF SA reports financial results for the quarter ended June 30, 2017. We analyze the earnings along side the following peers of BRF SA – Tyson Foods, Inc. Class A, Seaboard Corporation, Bunge Limited and Unilever PLC Sponsored ADR (TSN-US, SEB-US, BG-US and UL-US) that have also reported for this period. ... Read more (Read more...)
Brazilian food processor BRF SA will introduce a discount brand in its home market, executives said on Friday, as the end of antitrust restrictions in July allows it to target a niche that has grown during the country's recession. Antitrust agency Cade has lifted brand limits established in 2011, when it approved the formation of BRF from the merger of Sadia and Perdigão. BRF is aiming the new brand at cost-conscious buyers representing some 30 percent of Brazil's processed food market, executives said on a conference call with analysts.