date:Apr 01, 2013
vealed its 2012 net loss before equity interest narrowed to R$223.9m (US$111.2m), from a net loss of R$749m in 2011.
The company also booked an improvement in EBITDA for the 12 months to the end of December on higher sales and improved margins. EBITDA rose 20.3% to R$2.13bn. EBITDA margin rose to 9%, up from 8.4% in 2011.
2012 revenues were up 12.9% and Marfrig said it aims to continue to drive double-digit organic growth at its Seara Brasil and Keystone Asia units.