JBS announces Q1 results

15/05/2013
Brazilian packer and tanning group JBS has announced its financial results for the first quarter of 2013.

Over the three-month period, the entire JBS group achieved net revenues of $9.7 billion and net income of $112.9 million. Compared to the corresponding quarter in 2012, these figures represent increases of 22% and of 96.3% respectively.

In the course of the first three months of 2013, JBS slaughtered 4.4 million head of cattle, 17.7% more than in the first quarter of 2012.