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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: RJA_ who wrote (26157)12/7/2007 7:15:36 PM
From: Cogito Ergo Sum  Read Replies (2) | Respond to of 219714
 
re: Ag..
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Subject 24638



To: RJA_ who wrote (26157)12/7/2007 9:49:16 PM
From: elmatador  Read Replies (1) | Respond to of 219714
 
Actually riding food aiming to a Nestle. Bought Dutch Plusfood yesterday por 31,2 million euros. It is not riding commodities it is riding food.

With factories in the UK, Holland and Romenia is a good defense in case Europe goes protectionist.



To: RJA_ who wrote (26157)3/4/2008 5:21:41 AM
From: elmatador  Respond to of 219714
 
Perdigao Reports Increase in Net Income of 174% in 2007. Gross profits increased 39.4%, totaling R$ 1.9 billion. EBITDA (operating profit before financial expenses, taxes and depreciation) in the period reached R$ 802.7 million, a year-on-year increase of 76.1%, and equivalent to a 12.1% margin, a gain of 340 basis points against the preceding fiscal year.

Perdigao Reports Increase in Net Income of 174% in 2007.

SAO PAULO, Brazil, Feb 25, 2008 /PRNewswire-FirstCall via COMTEX/ -- Perdigao ended 2007 reporting gross sales of R$ 7.8 billion, 27.6% more than recorded in the preceding year. Net income posted an increase of 174% to R$ 321.3 million. The results were boosted by good performance in the domestic and export markets, gains in scale and productivity, as well as an increased participation of 53% of processed products as a percentage of the Company's total net sales.

These factors, combined with the full integration of Batavia's dairy- processed products, and the margarine and beef businesses acquired during the year, resulted in growth of 27.3% in net sales to R$ 6.6 billion in 2007. Exports accounted for 47.5% of net sales and domestic market, 52.5%.

In spite of the appreciation of the Real in relation to the US dollar and the increase in grain prices, growth in export revenues was 30%, reflecting stronger international demand that increased sales volumes of meats by 18.6% and other processed products by 67.3%.

Domestic market revenue increased 25.9% compared with 2006, driven by sales revenue from activities in the meat segment and by an increase of 71.4% in volume of dairy-processed products and 84% for other processed products.

Gross profits increased 39.4%, totaling R$ 1.9 billion. EBITDA (operating profit before financial expenses, taxes and depreciation) in the period reached R$ 802.7 million, a year-on-year increase of 76.1%, and equivalent to a 12.1% margin, a gain of 340 basis points against the preceding fiscal year.

In 2007, Perdigao's capital expenditures totaled R$ 857.4 million, 34.6% higher than 2006. Of this total, 41% was allocated to acquisitions (excluding the Eleva acquisition) and the remainder to new projects and production lines, to the conclusion of the Mineiros Agro-Industrial Complex in the state of Goias and to improvements in productivity.

see the numbers table oin the article

foxbusiness.com