BRF: Net Sales Reach R$ 28.5 Billion In 2012
SAO PAULO, March 4, 2013
SAO PAULO, March 4, 2013 /PRNewswire/ -- BRF reported net sales of R$ 28.5
billion for fiscal year 2012, 10.9% higher than posted in the preceding year,
with a net income of R$ 813.2 million. The Company's efforts to accelerate the
growth of its operations and at the same time comply with its commitments
under the merger agreement were determinants in sustaining the positive
result, underscoring BRF's competitive advantage in its capacity to plan and
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Exports rose 15.2% in revenues, totaling R$ 11.6 billion, and 9.6% by volume.
In the domestic market, sales revenue improved by 8.5% to reach R$ 12.6
billion. This was achieved despite the modest growth of the Brazilian economy
and the divestment of some of the Company's assets and suspension of certain
brand categories representing about a third of domestic market sales volume.
Additionally, in the dairy products and food services segments, sales revenue
rose by 6.9% and 7.9%, respectively.
EBITDA reached R$ 2.7 billion, a year-on-year decline of 17.4%, impacted by
several factors such as cost pressure, transitory expenses and the ceding of
assets combined with an adverse international trading environment.
BRF's robust governance model, consolidated in 2012 with the integration of
Perdigao/Sadia, was reflected in the major advances which the company was able
to record during the period in the form of new levels of efficiency which
contributed to making the company increasingly more competitive and
During the year, investments amounted to R$ 2.5 billion, 25% higher than in
2011. Capital expenditures were directed to the development of hundreds of
projects related to growth, efficiency and support: adjustments made to plants
for those production lines shifted from transferred units, new distribution
centers, and the redesign of the logistics network, among others. Over the
twelve months, the Company launched 454 products, underscoring its capacity
for innovation and reinforcing its penetration in several retailing channels.
SOURCE Brasil Foods
Contact: Ana Carolina Bastos, +55-11-23225037, firstname.lastname@example.org
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