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meat giant jbs posts mixed q1 numbers
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jbs, the brazilian meat giant, has reported mixed first-quarter results, with the company’s net income and sales rising - but its ebitda down on lower profits from its us chicken unit. the company, which owns jbs swift australia, this week booked a 47.9% increase in net income to brl 147 million for the three months to the end of march. jbs’s operating income more than doubled at brl 172.2 million (us$107.3m) as the company benefited from higher sales and lower finance costs. the group’s net revenue climbed 20.2% to brl 14.67 billion, thanks to rising sales across the business. however, jbs’s ebitda fell 3% to brl 835.9 million due to a drop in earnings from the company’s us chicken unit, pilgrim’s pride. jbs owns a majority stake in the us poultry processor. jbs reported rising ebitda from its other key divisions - us beef, us pork and mercosul, its operations across south america. just-food is the world’s leading portal for the global pre-packaged food and retail industries. its daily mix of breaking news, views, analysis and research serves over 100,000 food executives each month. http://www.just-food.com/ -->
Source :ausfoodnews.com.au
Date :
13
May
2011
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the food standards agency’s (fsa’s) board today responded to meat industry lobbying by agreeing to recommend that ministers adopt a “tapered” approach to the introduction of meat inspection charges. the board proposed an amendment, subject to eu minimum charges, which means the proposal for three charging bands imposed on smaller throughput abattoirs with effect from april 2012 would be progressive rather than a “step change” the measures will provide around £3.
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places are still available for anyone interested in attending public discussions on proposals to charge the uk meat industry the full cost of official controls on meat. two meetings are being held this evening (monday 16 may) in durham and bath, and two more, in carlisle and colchester, are being held tomorrow evening (tuesday 17 may).
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the food standards agency has today published a board paper that updates its proposals for charging the meat industry the full cost of delivering official controls in meat plants. the key changes are: the proposal to support more small businesses with a low throughput by expanding the number of meat plants in this category; and to begin a phased implementation of full cost recovery in april 2012.
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the agency will be holding four public meetings in different parts of england this month, about proposals to charge the uk meat industry the full cost of official controls on meat. the meetings will be open to stakeholders and the public and will provide attendees with an opportunity to hear more about the proposals and share their views.
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Coca.Cola
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PEPSI
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Mcdonald
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Nestle
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Mars
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Baskin & Robins
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Nutrika
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Mumika
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Chika
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