News

Friboi to beef up exports

29/01/2008

Despite tighter EU restrictions on Brazilian beef imports that will be implemented at the end of this month, Brazilian meat packer JBS-Friboi still plans to increase revenues by around $2 billion this year.

In its projections, the company expects revenue to rise to $15 billion this year, up from $13 billion in 2007, with JBS Brasil set to achieve profits of $3.36 billion, JBS Argentina $765 million, JBS Australia $2billion, and JBS USA at $8.82 billion .

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