Brazil’s Food Company Perdigí£o Grows at Home But Shrinks Overseas

Brazzil Magazine covers

Perdigão, one of Brazil’s largest food companies, had an increase in 17% in the volume of meats sold in the internal market and of 9.5% in the gross revenues for the second quarter of the year in relation to the same period in 2005.

Internal sales added up to US$ 371.1 million in current exchange rates, boosted up mainly by revenues with in natura products and the production of dairy products.

The participation of exports in the company’s revenues dropped, registering a reduction in 1.3% in volume and 21.3% in revenues, against the second quarter of 2005.

This can be explained by the international scenario, with the slow down in demand for poultry due to the avian influenza and the Russian embargo to Brazilian pork due to foot and mouth disease.

In the quarter, consolidated gross revenues were of US$ 648.5 million, value 6% smaller in comparison to the same period last year. Expectations for the next few months are positive, since the European and Arab markets are gradually retaking their traditional purchase volumes.

Tags:

You May Also Like

Brazzil Magazine covers

Lula Is About to Fulfill His Wish of Getting His Good Friend Chavez in Mercosur

On July 4, 2006, representatives of Argentina, Brazil, Paraguay and Uruguay met in Caracas ...

Brazzil Magazine covers

Brazil Puts a Brake on Interest Cuts. Key Rate Left at High 11.25%

Putting an end to a monetary policy distention which begun over two years ago, ...

Brazzil Magazine covers

Varig Buyers Can’t Produce Deposit Money on Time. They Get New Deadline.

Brazilian Varig Airline employees are planning a demonstration at company headquarters in Rio de ...

Brazzil Magazine covers

17% of Brazilian Babies Still Don’t Get a Birth Certificate

The Presidential secretary of Human Rights, Mário Mamede, concluded, Thursday, October 27, the defense ...

Brazzil Magazine covers

AIDS: Break Patents If Need Be, Says Brazil to Other LatAm Countries

Latin American countries that can’t afford increasingly expensive AIDS medication should consider sidestepping foreign ...

Brazzil Magazine covers

From Sacred to Samba

Investors have been pulling their money out of the Brazilian market at a frantic ...