São Paulo-based JBS SA is the world’s largest beef exporter. In 2014, the meat packing giant reported a record total revenue of BRL$ 120.5bn, up nearly 30% from the previous year, and profits of BRL$ 2.04bn. This year, a second-quarter slump in net profits (68.5% from 2014) translated into a still sizeable BRL$ 80m. A recent USD$ 1.45bn purchase of a major […]
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