Exclusive: Brazil's BRF to reopen plant, catering to Mideast halal market 7:58am EDT [Reuters]
BRF S.A. (BRFS)
Last brf s.a. earnings: 11/11 04:01 pm
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Source: Reuters
Exclusive: Brazil's BRF to reopen plant, catering to Mideast halal market | Reuters 3 Min Read SAO PAULO (Reuters) - BRF SA ( BRFS3.SA ) will reopen a food processing plant in Brazil by January, a company executive told Reuters, the first big move aimed at reviving profitability since the country’s No. 1 chicken exporter announced the departure of its chief executive officer. The plant in Brazil’s midwestern state of Goiás will be overseen by One Foods Holdings Ltd, BRF’s halal processed food unit, Marcelo Schmeider, the division’s head of operations, said on Thursday. The plant’s entire fresh chicken production will be halal and shipped to Middle East markets, he said. The total market for halal meat, which complies with Muslim dietary rules, could grow to $60 billion by 2020. Lower feed prices and a promising outlook for global demand for halal products led BRF to reopen the plant, Schmeider added. The Goiás plant has been shut since June last year, coinciding with lackluster perf
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BRFS
News
- BRF filed its Annual Report on Form 20-FPR Newswire
- Is BRF (BRFS) Stock Undervalued Right Now? [Yahoo! Finance]Yahoo! Finance
- 22nd Century, Coffee Holding among Consumer Staples movers [Seeking Alpha]Seeking Alpha
- Brf S.A. (NYSE: BRFS) was upgraded by analysts at The Goldman Sachs Group, Inc. from a "sell" rating to a "neutral" rating. They now have a $3.10 price target on the stock, up previously from $1.90.MarketBeat
- Brf S.A. (NYSE: BRFS) was upgraded by analysts at JPMorgan Chase & Co. from a "neutral" rating to an "overweight" rating.MarketBeat
BRFS
Sec Filings
- 4/25/24 - Form 6-K
- 4/19/24 - Form 20-F
- 4/19/24 - Form 6-K
- BRFS's page on the SEC website