JBS 2Q net income, net revenue up
date:Aug 16, 2012
mber of animals slaughtered resulting in reduced sales volume.
EBITDA totaled US$49.2 million in 2Q12 with an EBITDA margin of 5.8 percent. The total was influenced by reduced average selling prices in general due to oversupply of raw material in the period.
Net revenue in the 2Q12 for JBS USA Chicken (Pilgrims Pride Corporation, a US listed company controlled by JBS USA) was US$1,974.5 million, which was stable compared to 2Q11. EBITDA in the quarter was US$125.7 million, vs. negative US$47.6 m
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