BRF finished the first quarter of 2014 with growth in earnings before interest, taxes, depreciation and amortization 7.1 percent higher at BRL861 million (US$387.9 million). Net profits for the period reached BRL314 million (US$141 million), up from BRL208 million (US$93.4 million) for the last period in 2013.
The company exported 535,300 tons of protein with a value of BRL3.1 billion (US$1.39 billion), a significant increase from the first quarter of 2013. On the home market, sales reached BRL3.2 billlion (US$1.44 billion), 3.6 percent up on 2013. The company notes that it has seen growth across all its divisions during the first quarter, with its food service offering growing by 14.4 percent.
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