News and analysis for the global poultry industry.
Industry News & Trends / Poultry Processing & Slaughter / Latin America
on February 28, 2019

BRF net loss widens in fiscal year 2018

Trade challenges, domestic cost pressure, logistical issues and investigations made it ‘the most challenging year’ in company’s history, executives say

In what BRF executives described as the “most challenging year in BRF’s 10-year history,” the company reported a net loss of BRL4.47 billion (US$1.2 billion) for the 2018 fiscal year and a net loss of BRL2.13 billion (US$569.7 million) for the fourth quarter of FY 2018.

Those results reflect a…

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