JBS 2Q net income, net revenue up
date:Aug 16, 2012
s second quarter total by 7.6 percent. This reflects an increase of 4.3 percent in volume sold in the US domestic market, combined with prices that were up 7.1 percent. Revenue increased 4.6 percent vs. 1Q12, as a consequence of higher export volumes.
Although EBITDA was a negative US$9.1 million in 2Q12, there was an improvement compared to the 1Q12 number, which totaled negative US$45.4 million. Margins remained under pressure during the period due to the high price of raw materials. This resu
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