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 execute.
(Logo: http://photos.prnewswire.com/prnh/20090710/SPF002LOGO
)
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 sustainable.
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