JBS is optimistic about global demand for meat
15/08/2019
Its pre-tax earnings on these revenues were at a record level of $1.25 billion, an increase of more than 20% compared to the same quarter last year.
Commenting on the figure, chief executive, Gilberto Tomazoni, said: “JBS is now in an excellent position to accelerate its growth. Globally, the protein market is growing at a rate of 2% per year, sustained by population growth and a rise in per capita income, especially in Asia.”
The group includes the results of its leather business, JBS Couros, with those of its domestic business unit, JBS Brasil, whose revenues for the second quarter of 2018 were $1.8 billion, an increase of 15% compared to the same quarter last year.
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