date:Feb 27, 2013
. The challenging market conditions in primary pork processing margins and consumer bread demand were significant headwinds for the year. However, we achieved an 8% increase in operating profits for the year and 59% in the fourth quarter despite these challenges.
This is a strong testament to the strength of our business and our strategic initiatives, and the extraordinary contribution of our people. The effects of food inflation driven by the North American droughts of 2012 will be felt mostl