JBS reported financial results for the fourth quarter of 2009. Net revenue increased 13.1% year-over-year to R$34.3 billion. EBITDA grew 49.6% to R$397.8 million compared to the fourth quarter of 2008, with an EBITDA margin of 5.4%. On a pro forma basis including recently acquired companies, net revenue in 2009 was R$55.2 billion, an 82% increase over 2008, and EBITDA was R$3.1 billion, up 164.5% year-over-year. Key business units such as JBS USA Beef, JBS USA Pork, and Inalca JBS showed improved financial performance in the fourth
JBS S.A. is a leading global animal protein producer founded in 1953 in Brazil. Through over 30 acquisitions spanning 15 years, JBS has grown into a company with over 125,000 employees worldwide and annual revenues of approximately $30 billion. The company's strategy has evolved from focusing on adequate financial structure and global production platform in 2005-2008, to integrating its global sales and distribution platform in 2009-2010, to developing value-added products and global branding from 2011-2012.
The document summarizes JBS S.A.'s acquisition of National Beef Packing Company, LLC. Key points include:
- JBS acquired National Beef for an enterprise value of approximately US$1.5 billion.
- The acquisition makes JBS the largest beef company in the world in terms of sales and slaughtering capacity.
- National Beef generated US$5.6 billion in sales in fiscal year 2007, processing 3.9 million cattle heads with a slaughtering capacity of 14,000 heads per day across its three slaughterhouse facilities.
JBS S.A. owns Frangosul, a leading Brazilian poultry producer. Frangosul was founded in 1970 and acquired by JBS in 1998. It has production capacity of 1.1 million chickens per day, 3,000 hogs per day, and processes 180 tons of products daily. In 2011, Frangosul generated $1.4 billion in revenue from exports to over 100 countries and domestic sales in Brazil.
JBS is now the largest beef producer in the world with operations across Brazil, Argentina, the United States, Italy, and Australia. It has a total slaughtering capacity of over 65,000 heads of cattle per day across its 22 production units in Brazil, 6 units in Argentina, and 18 units in the United States. JBS has become a globalized production and distribution platform with access to all major consumer markets worldwide.
This document provides an overview of Equatorial Energia, a Brazilian holding company focused on energy distribution and generation investments. It discusses Equatorial's portfolio companies including CEMAR, its largest distribution asset, and Geramar, its thermal power generation investment. The summary also outlines Equatorial's ownership structure, corporate strategy of pursuing consolidation opportunities in distribution and generation, and backgrounds of the management team.
This document is the 2005 annual report for Pilgrim's Pride Corporation. It summarizes the company's record financial performance in 2005, driven by strong chicken consumption, profitable business approaches, and the successful integration of the ConAgra chicken division acquisition. The company leaders, Bo Pilgrim and O.B. Goolsby, discuss exceeding expectations for the acquisition, achieving synergies, and satisfying customers globally with quality products and service. They express optimism for 2006 and view further industry consolidation positively for Pilgrim's Pride.
This document contains a summary of local sports teams and leagues, garage sales, classified ads, and community announcements from the Cass City Chronicle newspaper. It lists the all-conference baseball and softball teams from the Greater Thumb Conference East, including the first and second teams, honorable mentions, and final standings. It also provides notices for various garage sales happening in the Cass City area, ads for real estate rentals, vehicles for sale, and services offered locally such as pump repair and vacuum repair.
The Board of Directors approved interest on capital of R$0.642347435 per share to shareholders. This payment will be subject to withholding tax and is attributed to mandatory dividends for fiscal year 2016. Shareholders registered by July 12, 2016 will be eligible for the payment, which will be distributed on August 15, 2016 through automatic deposit or DOC/TED.
JBS S.A. is a leading global animal protein producer founded in 1953 in Brazil. Through over 30 acquisitions spanning 15 years, JBS has grown into a company with over 125,000 employees worldwide and annual revenues of approximately $30 billion. The company's strategy has evolved from focusing on adequate financial structure and global production platform in 2005-2008, to integrating its global sales and distribution platform in 2009-2010, to developing value-added products and global branding from 2011-2012.
The document summarizes JBS S.A.'s acquisition of National Beef Packing Company, LLC. Key points include:
- JBS acquired National Beef for an enterprise value of approximately US$1.5 billion.
- The acquisition makes JBS the largest beef company in the world in terms of sales and slaughtering capacity.
- National Beef generated US$5.6 billion in sales in fiscal year 2007, processing 3.9 million cattle heads with a slaughtering capacity of 14,000 heads per day across its three slaughterhouse facilities.
JBS S.A. owns Frangosul, a leading Brazilian poultry producer. Frangosul was founded in 1970 and acquired by JBS in 1998. It has production capacity of 1.1 million chickens per day, 3,000 hogs per day, and processes 180 tons of products daily. In 2011, Frangosul generated $1.4 billion in revenue from exports to over 100 countries and domestic sales in Brazil.
JBS is now the largest beef producer in the world with operations across Brazil, Argentina, the United States, Italy, and Australia. It has a total slaughtering capacity of over 65,000 heads of cattle per day across its 22 production units in Brazil, 6 units in Argentina, and 18 units in the United States. JBS has become a globalized production and distribution platform with access to all major consumer markets worldwide.
This document provides an overview of Equatorial Energia, a Brazilian holding company focused on energy distribution and generation investments. It discusses Equatorial's portfolio companies including CEMAR, its largest distribution asset, and Geramar, its thermal power generation investment. The summary also outlines Equatorial's ownership structure, corporate strategy of pursuing consolidation opportunities in distribution and generation, and backgrounds of the management team.
This document is the 2005 annual report for Pilgrim's Pride Corporation. It summarizes the company's record financial performance in 2005, driven by strong chicken consumption, profitable business approaches, and the successful integration of the ConAgra chicken division acquisition. The company leaders, Bo Pilgrim and O.B. Goolsby, discuss exceeding expectations for the acquisition, achieving synergies, and satisfying customers globally with quality products and service. They express optimism for 2006 and view further industry consolidation positively for Pilgrim's Pride.
This document contains a summary of local sports teams and leagues, garage sales, classified ads, and community announcements from the Cass City Chronicle newspaper. It lists the all-conference baseball and softball teams from the Greater Thumb Conference East, including the first and second teams, honorable mentions, and final standings. It also provides notices for various garage sales happening in the Cass City area, ads for real estate rentals, vehicles for sale, and services offered locally such as pump repair and vacuum repair.
The Board of Directors approved interest on capital of R$0.642347435 per share to shareholders. This payment will be subject to withholding tax and is attributed to mandatory dividends for fiscal year 2016. Shareholders registered by July 12, 2016 will be eligible for the payment, which will be distributed on August 15, 2016 through automatic deposit or DOC/TED.
A Sadia decidiu patrocinar a Seleção Brasileira durante a Copa do Mundo de 2014 para marcar sua posição de liderança no mercado de forma grandiosa e alcançar visibilidade global. A campanha #JOGAPRAMIM focou em crianças para aproximar a marca das famílias e teve três fases com vídeos, promoções e engajamento nas redes sociais durante os jogos. A campanha foi um sucesso, tornando a Sadia uma das marcas mais lembradas relacionadas à Copa.
O documento apresenta o ranking das 100 empresas mais inovadoras no uso de TI no Brasil em 2012, liderado pelo Grupo Fleury na área da saúde. A lista inclui empresas de diversos setores e mostra como a TI é usada estratégicamente para impulsionar a inovação empresarial.
JBS S.A. is a Brazilian meatpacking company founded on principles of respecting nature and trusting in God. It has grown significantly through over 30 acquisitions in 15 years, becoming a global leader in beef, pork, and poultry production with operations in over 23 countries across five continents. The company emphasizes good corporate governance and transparency to build trust with stakeholders.
Este documento fornece informações sobre processos judiciais, administrativos ou arbitrais relevantes, fatores de risco, informações financeiras selecionadas, auditores independentes, responsáveis pelo formulário e outras seções do formulário de referência de uma empresa.
Helbert Elias dos Santos é um trabalhador de 47 anos com deficiência auditiva que busca uma oportunidade de trabalho formal. Ele tem experiência em logística, estocagem, merchandising e vendas para empresas como JBS, Marfrig e BRF. Seu histórico mostra que ele tem habilidades em gestão de estoques, processos logísticos e boas relações interpessoais.
This document is BRF S.A.'s annual report on Form 20-F for the fiscal year ended December 31, 2014. It provides information on BRF's business operations, organizational structure, operating results, financial position, subsidiaries, risk factors, and other disclosures. Specifically, it includes BRF's consolidated financial statements for 2014, 2013, 2012, 2011 and 2010 prepared in accordance with IFRS, as well as selected financial data and operating metrics for those years. It also provides information on BRF's directors, executive officers, major shareholders, legal proceedings, dividend policy and other details.
O documento apresenta um resumo do Programa de Integração Multidisciplinar (PRIMT) da Trevisan sobre a Lojas Americanas. O PRIMT tem como objetivos encontrar as funções da Lojas Americanas, mostrar seus recursos e interagir o estudo acadêmico com a empresa. O cronograma inclui tópicos como o varejo brasileiro, a história da Lojas Americanas, marketing, aspectos jurídicos e indicadores econômicos.
This document is the quarterly financial report of BRF S.A. for the period ending March 31, 2016. It includes the company's individual and consolidated balance sheets, statements of income and cash flows, statements of changes in equity, and notes on the financial statements. The balance sheet shows the company had total assets of R$39.3 billion and total liabilities of R$39.3 billion as of March 31, 2016. For the quarter, the company reported net revenue of R$8.6 billion and net income of R$14.8 million.
The document is BRF's 2015 Annual Report. It provides an overview of BRF's financial and operational performance in 2015 as well as its strategies and initiatives. Some key highlights include:
- BRF achieved consolidated net revenue of R$32 billion and net income of R$2.928 billion in 2015.
- In Brazil, a major highlight was the return of the Perdigão brand to the market in more than 80% of processed food categories.
- Internationally, BRF acquired brands and distributors in key markets like Argentina, the Middle East, and Asia to strengthen its global presence and internalize its value chain.
- BRF decentralized its management through regional structures to better serve local
- Argentina is a major global producer and exporter of beef, but the industry was negatively impacted by recent government policies. The new government is taking steps to boost the industry through measures like eliminating export taxes and restrictions.
- Production and exports are expected to increase over 50% as a result. Slaughterhouse capacity remains underutilized despite some consolidation in the industry in recent years.
- The economic changes make M&A activity likely to pick up as companies seek capital to invest in growth and exploit new opportunities, but foreign investors may wait for further governance consolidation under the new government.
Abílio Diniz é um empresário brasileiro com um patrimônio líquido de US$ 3,8 bilhões. Ele construiu o Grupo Pão de Açúcar, mas vendeu o controle para o Grupo Casino francês em 2012, causando disputas legais. Atualmente, ele é acionista do Carrefour Brasil e controla a holding Península.
O documento discute a estratégia da JBS para mudar a relação do consumidor com a carne bovina, posicionando a marca Friboi. A JBS definiu que Friboi e Swift teriam posicionamentos distintos, com Friboi focando em qualidade e Swift em acessibilidade. A agência Lew Lara recebeu o briefing para mostrar a origem, procedência e qualidade da Friboi. A estratégia de comunicação teve duas fases, lançamento e estimular o hábito de pedir Friboi, com bons resultados como aumento
O documento descreve a fusão entre as empresas Sadia e Perdigão em 2008. A Sadia precisava levantar capital devido a perdas financeiras e a crise econômica, enquanto a Perdigão queria se consolidar como uma empresa global de alimentos. As negociações resultaram na Perdigão deter 68% das ações da nova empresa combinada, enquanto a Sadia ficaria com os 32% restantes.
Arquitetura de Marcas da BR Foods - Sadia e PerdigãoLeticia Ikeda
O documento descreve a história e portfólio de produtos das empresas Perdigão e Sadia antes e depois de sua fusão em 2009, formando a BRF. Detalha as principais marcas de cada empresa, sua arquitetura de marcas e estratégias de posicionamento no mercado.
This document provides an overview of basic air conditioning concepts and typical all-air HVAC systems. It describes the major components, including coils, fans, dampers, and control systems. Typical AC units discussed are rooftop packages, split systems, chilled water air handlers, and VAV systems. The document also outlines equipment types, control types, and provides some basic rules of thumb for HVAC design and operation.
Art is a creative expression that stimulates the senses or imagination according to Felicity Hampel. Picasso believed that every child is an artist but growing up can stop that creativity. Aristotle defined art as anything requiring a maker and not being able to create itself.
JBS S.A. is a leading global protein producer founded in the 1950s in Brazil. It went public in 2007 and has since grown significantly through acquisitions, becoming the largest beef and lamb producer, largest leather processor, and largest chicken producer globally. JBS has over 135,000 employees across 301 production units on 5 continents, with a focus on building a diversified global production and sales platform through strategic mergers and acquisitions.
JBS S.A. is a leading global protein producer founded in the 1950s in Brazil. In the first half of 2012, JBS reported net revenue of R$34.5 billion and EBITDA of R$1.7 billion. JBS has over 135,000 employees worldwide and 301 production units across 5 continents. In the second quarter of 2012, JBS posted consolidated net revenue of R$18.5 billion, a 26.3% increase over the previous year. EBITDA was R$1.01 billion, up 72.3% compared to the second quarter of 2011.
The document discusses JBS S.A.'s 4th quarter 2009 results. It shows that JBS has grown significantly through acquisitions over the past 15 years, with revenues increasing from $0.3 billion in 1996 to an estimated $30.3 billion in 2009. A chart displays JBS' EBITDA growth over time, with EBITDA margins ranging from 4.3% to 13.6% between 1999-2009. The document provides an overview of JBS as the leading animal protein producer worldwide with over 125,000 employees across operations in South America, North America, Europe, and Oceania.
A Sadia decidiu patrocinar a Seleção Brasileira durante a Copa do Mundo de 2014 para marcar sua posição de liderança no mercado de forma grandiosa e alcançar visibilidade global. A campanha #JOGAPRAMIM focou em crianças para aproximar a marca das famílias e teve três fases com vídeos, promoções e engajamento nas redes sociais durante os jogos. A campanha foi um sucesso, tornando a Sadia uma das marcas mais lembradas relacionadas à Copa.
O documento apresenta o ranking das 100 empresas mais inovadoras no uso de TI no Brasil em 2012, liderado pelo Grupo Fleury na área da saúde. A lista inclui empresas de diversos setores e mostra como a TI é usada estratégicamente para impulsionar a inovação empresarial.
JBS S.A. is a Brazilian meatpacking company founded on principles of respecting nature and trusting in God. It has grown significantly through over 30 acquisitions in 15 years, becoming a global leader in beef, pork, and poultry production with operations in over 23 countries across five continents. The company emphasizes good corporate governance and transparency to build trust with stakeholders.
Este documento fornece informações sobre processos judiciais, administrativos ou arbitrais relevantes, fatores de risco, informações financeiras selecionadas, auditores independentes, responsáveis pelo formulário e outras seções do formulário de referência de uma empresa.
Helbert Elias dos Santos é um trabalhador de 47 anos com deficiência auditiva que busca uma oportunidade de trabalho formal. Ele tem experiência em logística, estocagem, merchandising e vendas para empresas como JBS, Marfrig e BRF. Seu histórico mostra que ele tem habilidades em gestão de estoques, processos logísticos e boas relações interpessoais.
This document is BRF S.A.'s annual report on Form 20-F for the fiscal year ended December 31, 2014. It provides information on BRF's business operations, organizational structure, operating results, financial position, subsidiaries, risk factors, and other disclosures. Specifically, it includes BRF's consolidated financial statements for 2014, 2013, 2012, 2011 and 2010 prepared in accordance with IFRS, as well as selected financial data and operating metrics for those years. It also provides information on BRF's directors, executive officers, major shareholders, legal proceedings, dividend policy and other details.
O documento apresenta um resumo do Programa de Integração Multidisciplinar (PRIMT) da Trevisan sobre a Lojas Americanas. O PRIMT tem como objetivos encontrar as funções da Lojas Americanas, mostrar seus recursos e interagir o estudo acadêmico com a empresa. O cronograma inclui tópicos como o varejo brasileiro, a história da Lojas Americanas, marketing, aspectos jurídicos e indicadores econômicos.
This document is the quarterly financial report of BRF S.A. for the period ending March 31, 2016. It includes the company's individual and consolidated balance sheets, statements of income and cash flows, statements of changes in equity, and notes on the financial statements. The balance sheet shows the company had total assets of R$39.3 billion and total liabilities of R$39.3 billion as of March 31, 2016. For the quarter, the company reported net revenue of R$8.6 billion and net income of R$14.8 million.
The document is BRF's 2015 Annual Report. It provides an overview of BRF's financial and operational performance in 2015 as well as its strategies and initiatives. Some key highlights include:
- BRF achieved consolidated net revenue of R$32 billion and net income of R$2.928 billion in 2015.
- In Brazil, a major highlight was the return of the Perdigão brand to the market in more than 80% of processed food categories.
- Internationally, BRF acquired brands and distributors in key markets like Argentina, the Middle East, and Asia to strengthen its global presence and internalize its value chain.
- BRF decentralized its management through regional structures to better serve local
- Argentina is a major global producer and exporter of beef, but the industry was negatively impacted by recent government policies. The new government is taking steps to boost the industry through measures like eliminating export taxes and restrictions.
- Production and exports are expected to increase over 50% as a result. Slaughterhouse capacity remains underutilized despite some consolidation in the industry in recent years.
- The economic changes make M&A activity likely to pick up as companies seek capital to invest in growth and exploit new opportunities, but foreign investors may wait for further governance consolidation under the new government.
Abílio Diniz é um empresário brasileiro com um patrimônio líquido de US$ 3,8 bilhões. Ele construiu o Grupo Pão de Açúcar, mas vendeu o controle para o Grupo Casino francês em 2012, causando disputas legais. Atualmente, ele é acionista do Carrefour Brasil e controla a holding Península.
O documento discute a estratégia da JBS para mudar a relação do consumidor com a carne bovina, posicionando a marca Friboi. A JBS definiu que Friboi e Swift teriam posicionamentos distintos, com Friboi focando em qualidade e Swift em acessibilidade. A agência Lew Lara recebeu o briefing para mostrar a origem, procedência e qualidade da Friboi. A estratégia de comunicação teve duas fases, lançamento e estimular o hábito de pedir Friboi, com bons resultados como aumento
O documento descreve a fusão entre as empresas Sadia e Perdigão em 2008. A Sadia precisava levantar capital devido a perdas financeiras e a crise econômica, enquanto a Perdigão queria se consolidar como uma empresa global de alimentos. As negociações resultaram na Perdigão deter 68% das ações da nova empresa combinada, enquanto a Sadia ficaria com os 32% restantes.
Arquitetura de Marcas da BR Foods - Sadia e PerdigãoLeticia Ikeda
O documento descreve a história e portfólio de produtos das empresas Perdigão e Sadia antes e depois de sua fusão em 2009, formando a BRF. Detalha as principais marcas de cada empresa, sua arquitetura de marcas e estratégias de posicionamento no mercado.
This document provides an overview of basic air conditioning concepts and typical all-air HVAC systems. It describes the major components, including coils, fans, dampers, and control systems. Typical AC units discussed are rooftop packages, split systems, chilled water air handlers, and VAV systems. The document also outlines equipment types, control types, and provides some basic rules of thumb for HVAC design and operation.
Art is a creative expression that stimulates the senses or imagination according to Felicity Hampel. Picasso believed that every child is an artist but growing up can stop that creativity. Aristotle defined art as anything requiring a maker and not being able to create itself.
JBS S.A. is a leading global protein producer founded in the 1950s in Brazil. It went public in 2007 and has since grown significantly through acquisitions, becoming the largest beef and lamb producer, largest leather processor, and largest chicken producer globally. JBS has over 135,000 employees across 301 production units on 5 continents, with a focus on building a diversified global production and sales platform through strategic mergers and acquisitions.
JBS S.A. is a leading global protein producer founded in the 1950s in Brazil. In the first half of 2012, JBS reported net revenue of R$34.5 billion and EBITDA of R$1.7 billion. JBS has over 135,000 employees worldwide and 301 production units across 5 continents. In the second quarter of 2012, JBS posted consolidated net revenue of R$18.5 billion, a 26.3% increase over the previous year. EBITDA was R$1.01 billion, up 72.3% compared to the second quarter of 2011.
The document discusses JBS S.A.'s 4th quarter 2009 results. It shows that JBS has grown significantly through acquisitions over the past 15 years, with revenues increasing from $0.3 billion in 1996 to an estimated $30.3 billion in 2009. A chart displays JBS' EBITDA growth over time, with EBITDA margins ranging from 4.3% to 13.6% between 1999-2009. The document provides an overview of JBS as the leading animal protein producer worldwide with over 125,000 employees across operations in South America, North America, Europe, and Oceania.
JBS S.A. is a leading global protein producer founded in the 1950s in Brazil. It has grown significantly through acquisitions and now has over 125,000 employees worldwide operating 134 production units across 6 continents. In the first nine months of 2011, JBS reported revenues of over US$27 billion and EBITDA of US$1.3 billion. The company has a market capitalization of approximately US$10 billion and is the largest beef and lamb producer globally as well as a major player in pork and poultry.
JBS S.A. is a leading global protein producer and the third largest food company in the world. In the first quarter of 2011:
- Net revenue increased 20.2% to R$14.7 billion compared to the first quarter of 2010.
- Net income increased 47.9% to R$147 million.
- EBITDA was R$836 million with a margin of 5.7%.
Exports increased over 17% and the company's operations in Brazil, the US, and Australia performed well, with EBITDA margins between 7-13% across key business units. JBS highlighted continued strong global demand and fundamentals for the animal protein industry.
JBS S.A. is a leading global protein producer and the third largest food company in the world. It was founded in the 1950s in Brazil and went public in 2007. JBS has over 125,000 employees worldwide, 134 production units across 5 continents, and annual revenues of over $29 billion. Through over 30 acquisitions in the past 15 years, JBS has become the largest beef and lamb producer globally and has diversified its operations across protein segments and geographies. The company has well-recognized brands across key markets like Brazil, the US, Argentina, and Australia.
JBS is a leading global protein producer founded in the 1950s in Brazil. It went public in 2007 and has since grown significantly through acquisitions, becoming the largest beef and lamb producer and third largest food company worldwide. In 2010, JBS had revenues over R$55 billion and EBITDA of R$3.75 billion, with operations on five continents and over 125,000 employees. The company has a diverse portfolio of meat proteins including beef, poultry, and pork and is strategically located around the world.
This document provides a summary of results for JBS S.A. for 2012 and the fourth quarter of 2012. It includes the following key points in 3 sentences:
JBS reported consolidated net revenue of R$75.7 billion for 2012, a 22.5% increase over 2011, with EBITDA of R$4.4 billion, a 40% increase over 2011. For the fourth quarter of 2012, JBS reported net revenue of R$21.9 billion, a 29% increase over the same period in 2011, with EBITDA of R$1.17 billion, a 26% increase over 4Q11. Leverage decreased to 3.4x at the end of 2012 from 4
O documento apresenta os resultados financeiros da JBS para 2012 e o 4T12. Destaca o crescimento da receita líquida em 22,5% e do EBITDA em 40% em relação a 2011. Apresenta também a redução da alavancagem para 3,4x no final de 2012.
JBS reported financial results for the third quarter of 2012. Net revenue increased 17.7% year-over-year to R$4.6 billion for JBS Mercosul. EBITDA grew 46.7% to R$665.6 million, with an EBITDA margin of 14.5%. JBS operates as a leading global protein producer with over 140,000 employees worldwide.
O documento resume os resultados do terceiro trimestre de 2012 da JBS S.A., líder mundial em produção de proteína animal. A JBS teve receita líquida de R$53,8 bilhões e EBITDA de R$3,2 bilhões nos primeiros nove meses de 2012, com crescimento orgânico de receita de 16% na comparação anual. A empresa possui mais de 140.000 funcionários em 307 unidades de produção em 5 continentes.
JBS S.A. issued several series of debt securities between 2014 and 2021 totaling over $5 billion. The debt has maturities between 2014 and 2021 and coupon rates ranging from 7.25% to 11.625%. Credit ratings agencies Fitch, Moody's, and S&P assigned JBS credit ratings between BB- and B2 with mostly stable outlooks. The debt is guaranteed by various JBS subsidiaries. As of 2Q12, JBS' net debt to EBITDA ratio was 4.27x with short term debt comprising 23% of its total debt.
O documento apresenta informações sobre títulos de dívida emitidos pela JBS S.A. e suas subsidiárias, incluindo descrição, principal, prazo, cupom e vencimento de cada título. Também fornece detalhes sobre a estrutura corporativa, ratings de agências, perfil e vencimento da dívida total.
1) JBS S.A. é uma empresa líder mundial na produção de proteína animal fundada no Brasil na década de 1950.
2) A empresa realizou sua abertura de capital em 2007 e teve receita líquida de R$34,5 bilhões no primeiro semestre de 2012.
3) Com 135.000 funcionários em 301 unidades de produção em 5 continentes, a JBS é o maior produtor mundial de carne bovina e ovina.
1) JBS S.A. é uma empresa líder mundial na produção de proteína animal fundada na década de 1950 no Centro-Oeste do Brasil.
2) A empresa realizou sua abertura de capital em 2007 e possui receita líquida de R$34,5 bilhões no primeiro semestre de 2012.
3) Com 135.000 funcionários em 301 unidades de produção em 5 continentes, a JBS lidera globalmente a produção de carne bovina, suína e frango.
The document provides an overview of JBS S.A.'s 2Q12 results presentation. It summarizes that JBS reported consolidated revenue of R$18.5 billion, a 26.3% increase over 2Q11. Consolidated EBITDA was R$1.012 billion, a 72.3% rise from 2Q11, with an EBITDA margin of 5.5%. It also reviews performance highlights and key financial metrics for each of JBS' business units.
O documento apresenta os resultados do 2T12 da JBS S.A. A empresa obteve receita líquida de R$18,5 bilhões, aumento de 26,3% em relação ao ano anterior. O EBITDA foi de R$1,01 bilhão, alta de 72,3%. Unidades como JBS Mercosul tiveram bom desempenho, com crescimento de receita e EBITDA.
Este documento fornece um resumo das iniciativas e compromissos de sustentabilidade da JBS. Ele descreve como a sustentabilidade é fundamental para a cultura da JBS e está presente em todas as suas operações globais. O documento também destaca os principais pilares da visão de sustentabilidade da empresa, incluindo responsabilidade social, viabilidade econômica e responsabilidade ambiental.
JBS S.A. issued several series of debt securities between 2012 and 2021 totaling over $5 billion. The debt issues ranged from 5 to 10 year terms with coupon rates between 7.25% to 11.625%. JBS S.A. and several of its subsidiaries guarantee the different debt issues. As of the first quarter of 2012, JBS S.A. had a net debt to EBITDA ratio of 3.6x excluding one subsidiary and 4.3x including that subsidiary. The debt was split between long term and short term obligations and denominated in both Brazilian real and US dollars.
A JBS emitiu vários títulos de dívida entre 2016 e 2021, totalizando US$ 5,5 bilhões. A alavancagem líquida da empresa excluindo a Pilgrim's Pride era de 3,6x no primeiro trimestre de 2012. A dívida da JBS está majoritariamente em reais e dólares, com vencimentos bem distribuídos entre curto e longo prazo.
This document provides an overview of JBS S.A.'s results for the first quarter of 2012. Some key points:
- JBS reported consolidated net revenue of R$16 billion, up 9.1% from 1Q11. EBITDA was R$696.5 million with a margin of 4.4%.
- JBS Mercosul saw a revenue increase of 6.2% and EBITDA growth of 64.9% compared to 1Q11.
- JBS USA Pork reported revenue of US$855.4 million, up 2.2% from 1Q11, with EBITDA of US$55.8 million.
- The company ended
1) O documento apresenta resultados do primeiro trimestre de 2012 da empresa JBS S.A., a maior produtora de carne bovina e suína do mundo.
2) A JBS obteve receita líquida de R$16 bilhões no trimestre, 9,1% superior ao mesmo período do ano anterior.
3) A unidade de negócios JBS Mercosul teve destaque no trimestre, com receita 6,2% superior e EBITDA 64,9% maior que no 1T11.
A JBS anuncia a aquisição das operações de frangos da Frangosul no Brasil. A Frangosul é a 3a maior exportadora de frango do Brasil, com capacidade de produção de 1,1 milhão de aves por dia e operações multi-conceito, incluindo ração, incubação e processados. Suas marcas são reconhecidas nos mercados interno e externo, com foco no Oriente Médio e Ásia.
JBS S.A. is the largest global beef and lamb producer, largest global leather processor, second largest global chicken producer, and third largest pork and dairy producer in key markets. In 2011, JBS reported consolidated net revenue of R$61.8 billion, a 13% increase over 2010. EBITDA was R$3.15 billion, down 16.3% due to losses at Pilgrim's Pride. By business unit, JBS USA Beef revenue increased 25.6% to $16.5 billion with an 11.4% higher EBITDA of $739.1 million. JBS USA Pork revenue rose 17.5% to $3.5 billion and EBITDA increased 22.
A JBS é a maior processadora de carne bovina e suína do mundo. Em 2011, a receita líquida consolidada da empresa foi de R$61,8 bilhões, 13% maior do que em 2010. Apesar disso, o lucro da empresa foi de apenas R$75,5 milhões devido a prejuízos na unidade de frangos nos EUA (Pilgrim's Pride). Excluindo esse resultado, o lucro teria sido de R$482,6 milhões. A empresa encerrou 2011 com R$5,3 bilhões em caixa.
The document summarizes a presentation made by JBS S.A. about a voluntary public share swap offering between JBS and Vigor. The key points are:
1) JBS is offering Vigor shares in exchange for JBS shares, which will list Vigor on the Brazilian stock exchange.
2) The transaction is subject to regulatory approvals and consent from JBS bondholders.
3) Vigor will have the same high corporate governance standards as JBS and focus on the consumer sector.
4) The presentation provides details on the transaction timeline, exchange ratio calculation methodology, and Vigor's operations and market position in dairy products.
1) A JBS oferece uma Oferta Pública Voluntária de Permuta de Ações para os acionistas da Companhia, na qual oferece ações da Vigor em troca de ações da própria JBS. 2) A realização da Oferta está sujeita à aprovação da CVM e ao consentimento de credores. 3) A Vigor será uma companhia independente listada no Novo Mercado da BM&FBovespa, concentrando as atividades do setor de consumo.
5. JBS S.A. at a Glance
• Founded 1953 in central Brazil
• IPO in 2007
• Ibovespa ticker: JBSS3
• ADR ticker: JBSAY
• Leading animal protein producer in the World
• Production platform in South America, North America, Europe and
Oceania
• 125,000 employees worldwide
• Revenues of about US$ 30 Billion per annum
• Market cap of R$ 22 billion*
*Source: Bloomberg 25/02/2010
4
6. JBS S.A. Growth Through Acquisitions
• JBS’ History has been built through Bertin Association
Inalca
more than 30 acquisitions in 15 years Swift Foods Co. Pilgrim’s Pride
with adequate capital structure and Maringá (Amambay) JBS Hides
management Berazategui 5 new units
(Rio Platense)
Colonia Caroya
Net Sales (in US$ billion) Tasman
SB Holdings Smithfield
Companies and assets acquired
JV Beef Jerky Beef
Five Rivers
Rio Branco Venado
Goiânia Barretos (Anglo) 30.3
Cacoal 1 Tuerto
(Anglo) Pres. Epitácio (Bordon) Cacoal 2 Pontevedra
Campo Grande (Bordon) Porto Velho (CEPA)
Vilhena (Frigovira)
Barra do
Cáceres Pedra Preta
Garças Araputanga
19.8
(Frigo Marca)
(Frigosol)
(Sadia) (Frigoara) Rosário
Iturama
(Swift ARG)
(Frigosol) San Jose
Andradina 12.7
(Sadia) (Swift ARG)
1.2 1.5 1.9
0.3 0.4 0.4 0.5 0.5 0.4 0.7
(1) (2) (3)
1996 1997 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009
R$/US$ end of the year quotation
Source: JBS
(1) Pro Forma JBS S.A. LTM Dec07
(2) Pro Forma JBS S.A. LTM Dec08
5
(3) Pro Forma JBS S.A. LTM Jun09 (including 5 new units and hides operation); Pilgrim’s Pride Sep09 (Estimated); Bertin LTM Jun09
8. Our Strategy
2005/2006 2009/2010 2011/2012
2007/2008
Adequate Global Sales & Value Added
Global Production
Financial Distribution Products &
Platform
Structure Platform Branding
South America Fresh Products
South
Debt for America North America
Cooked Products
Working Australia
Minced Products
North Cured Products
Capital America European Union Ready to Eat
Products
Equity Australia
Asia Case Ready
Products
to Russia
Global Brands
Finance European Africa
Marketing
Union
Growth Middle East Investments
- Access to raw material - Integrate the sales and - High technology
- High liquidity level. distribution platform to investments to produce
supply globally.
- Debt equalized to cash serve efficiently, local and value added products.
- Leader in countries with
generation. external markets, small - Increase value added
surplus production.
- Strong cash position. retailers, food processors, products portfolio.
- Scale.
- Access to international restaurants, and other - Customized products to
- Leader in exports globally.
capital markets to finance customers globally. each market.
- Access to all meat
growth. - Sales force distributed over - Convenience to consumers
markets. the globe.
- Development of long term day to day.
- Exchange of best - Efficiency on selling the best
financing plan. - Brand and Quality
practices. product, to the best market,
- Use of export platform to recognition and leadership.
- Efficiency cost gains. with the best price. - Marketing investments to
grow.
- Cost reduction - Cost reduction on sales and be present in consumer
- Hands-on working capital
opportunities. 7 transport. minds.
management.
- Margin improvements. - Margin improvements. - Margin improvements.
9. Our Strategy
Branding
Value
Added
Products
Sales &
Distribution
Platform
Production Platform 4%
Cost Reduction, EBITDA
Financial Experienced Productivity, Risk Margin
Structure Management Process Management
Optimization
Foundation
8
10. Corporate Structure
Batista Family Bertin Family
Controlling Market
Holding (Free Float)
59% 41%
JBS S.A.
BNDES
(including Bertin)
100% 80% - 75%
US$ 2 Bn
Other JBS U.S.A.
subsidiaries Includes AUS
20% - 25%
Other
64% shareholders
36%
Pilgrim’s Pride
9
12. Global Production Platform
Production Units Employees Daily Slaughter Capacity
JBS Brasil 61 44,993 43,400 B
JBS MERCOSUR 8 6,217 8,400 B
28,600 B
JBS USA 16 24,295 48,500 P
4,500 S
Pilgrims Pride 37 39,000 7,200,000 C
8,690 B
JBS Austrália 10 6,995
20,000 S
Inalca JBS 8 3,500 3,000 B
92,090 B
48,500 P
Total 140 125,000
24,500 S
7,200,000 C
(B) Beef; (P) Pork; (S) Smalls; (C) Chicken
11
14. Market Highlights
• Robust domestic consumption in Brazil.
• Growing middle classes in the Emerging Market sourcing more
product through imports.
• Recovery of exports from US allied with improved domestic American
consumption.
• European protein production declining.
• Gradual Improvement in exports generally with the reduction and/or
removal of trade barriers.
13
15. Per capita food consumption curve
(Kg / Year)
180
1969/ 71
160 1979/ 81
1989/ 91
140
1999/ 01
120 2030
2050
100
80
60
40
20
0
Cereals Roots and Beans, Peas Sugar Oils Crops Meat Milk and its
Tubers and Lentils and its products
Source: FAO products
14
17. US Beef and Veal Exports (Million Pounds)
3.000
2.467 2.520
2.412 2.449
2.500
2.269
2.000 1.888 1.867
1.433
1.500
1.146
1.000
697
461
500
0
1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009
Mexico Canada South Korea Japan Vietnam China Hong Kong N etherlands Others
Source: USDA ERS
16
18. US Pork Exports (Million Pounds)
5.000
4.667
4.500
4.128
4.000
3.500 3.142
2.995
3.000 2.667
2.500
2.181
2.000 1.717
1.560 1.612
1.500 1.278 1.287
1.000
500
0
1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009
Japan China Hong Kong Mexico Russia Canada South Korea Australia Others
Source: USDA ERS
17
19. US Poultry Exports (Million Pounds)
8.000
7.109
6.906
7.000
6.070
6.000 5.738
5.333 5.367
5.138 5.013
4.980 4.942 4.997
5.000
4.000
3.000
2.000
1.000
0
1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009
Russia China (Mainland) Iraq Mexico Canada Cuba Other Chicken Others
Source: USDA ERS
18
20. Strong Long-term Industry Fundamentals
Meats Consumption Per Capita
Recommended
consumption
80kg/capita
Per capita consumption
(kg/capita)
Population growth coupled with rising worldwide standards of living will drive
an increase in protein demand on emerging global middle class
Source: FAO
19
22. Highlights for the 4th Quarter 2009
• Net Profit of R$127.9 million in 4Q09.
• Net Revenue for 2009 was R$34,311.8 million, representing a 13.1% increase y-o-y.
• In 4Q09 the consolidated EBITDA increased 49.6% compared to 4Q08, from
R$265.9 million to R$397.8 million. The consolidated EBITDA margin was 5.4% for
the period, compared with 2.8% for 4Q08
• Completion of the Bertin S.A. Merger and the acquisition of a controlling interest in
Pilgrim’s Pride Corporation.
• A pro forma Net Revenue in 2009 of R$55,223.6 million, 82.0% higher than 2008.
• EBITDA pro forma of R$3,058.0 million in 2009, increase of 164.5% over the
previous year.
21
25. Debt
• The Net Debt/EBITDA reduced from 3.3x in 3Q09 to 3.1x in 4Q09.
• JBS raised US$2.0 billion by issuing two million Debentures.
• The company’s cash position is sufficient to cover, almost entirely, the short term debt of JBS
• Current assets exceed current liabilities by almost 50%, demonstrating the liquidity of the
Company’s balance sheet.
Net Debt / EBITDA Pro Forma per Quarter Gross debt Profile (R$ million)
14,429.8 5,479.6
*
63% 62%
37% 38%
2009 2008
Source: JBS Short Term Long Term
Net Debt/ EBITDA EBITDA pro-forma
* LTM including Bertin and Pilgrim’s Pride pro-forma.
24
26. Revenue Distribution by Market
2009 2008
E x ports
23% E x ports
33% Dom e stic
Ma rke t
Domes tic 67%
Market
77%
Source: JBS Source: JBS
25
27. JBS Consolidated Exports Distribution
JBS Exports 2009 JBS Exports 2008
US$ 5.0 billion US$ 5.6 billion
Others Japan
China Others Mexico
19% 13% 3% 15%
E.U. USA 18%
Taiwan
2% 11% 3%
Russia
China Russia Taiwan 13%
10% 4%
4% E.U,
Mexico Canada Middle East Canada Japan 11%
USA 8% 8% South Korea 7% 9%
8%
5% 4%
Hong Kong
6% Hong Kong
South Korea 5%
6% Africa and Middle East
7%
Source: JBS 26
29. A Closer look at synergies – Pilgrim’s Pride
• USD 95 Million already captured, through initiatives in the personnel, transportation, and
packaging supply areas.
• USD 65 Million further by mid year, principally through G&A, exports, and logistic efficiencies.
• USD 200 / 300 Million total annual synergies.
Pilgrim’s Pride Stock Price
12
Closing of the
acquisition
10 Announcement of the
PPC acquisition by JBS
8
6
4
2
0
Jan-09 Feb-09 Mar-09 Apr-09 May-09 Jun-09 Jul-09 Aug-09 Sep-09 Oct-09 Nov-09 Dec-09 Jan-10 Feb-10 Mar-10
Source: Bloomberg 28
30. A Closer look at synergies – Bertin S.A.
• R$145 million implemented by end of 1Q10 in packaging,
industrial processes, formulation and corporate.
• R$100 million further synergies to be realized particularly at
corporate and exports in the coming six months.
• Total annual synergies expected to reach R$500 million by
2011.
29