Meat&Poultry - April 2012 - (Page 16)

Success is a Matter of System Business Notes JBS Q4 earnings advance despite Pilgrim’s Pride loss JBS SA reported consolidated net revenue of R61.8 billion (US$33.8 billion) for 2011, a 12 percent increase over the year-ago period. However, JBS SA’s fourth-quarter profit fell short of analysts’ estimates due to rising feed costs that hurt gains at Pilgrim’s Pride. Net income was R25.6 million (US$14 million) compared to a loss of R67.5 million (US$37 million) in 2010. Consolidated net revenue was up sharply in the quarter to R16.9 billion (US$9.3 billion), an increase of 18.3 percent over the year-ago period due to record beef and pork prices. EBITDA for the quarter was R940.6 million (US$550.9 million), up 8.6 percent. Maximizing Profits with CSB-System Software Solutions With more than 34 years of experience, CSBSystem is the leading provider of innovative software solutions for the protein industry. Our industry specific fully integrated solutions provide our global client base with long-lasting competitive advantages by increasing efficiency, reducing costs and maximizing profits. ry & 12 AMI Meat, Poult Visit us at the 20 d Exposition Convention an Seafood Industry Center Dallas Convention Dallas, TX USA May 1-3, 2012 Booth #3013 “As we look back at 2011 we can draw some relevant conclusions regarding the performance of JBS such as the fact that we surpassed R60 billion [US$32.9 billion] in net revenue,” said Wesley Batista, CEO of JBS SA. “Last year, our attention continued to be focused on integrating the relevant acquisitions we made over the last number of years. Nonetheless, we had expressive organic growth in the order of 13 percent and we generated positive operating cash in excess of R600 million [US$328.5 million] last year reverting a negative operating cash flow in 2010. “All our business units significantly outperformed 2010 with the exception of Pilgrim’s Pride Corporation, our US chicken business, which suffered under the influence of an odd year for the sector in the US,” he added. Batista On a segment basis: • JBS USA Beef, including Australia, recorded reve- Integrated. Pre-Configured. Tailored to your Business. CSB-System software provides resources for: Traceability and Recall Management Scale, Labelling and Scanning Solutions Yield Management and Product Costing Gross Margin Analysis Inventory Management Systems Batch Processing Management Livestock Solutions Enterprise Resource Planning Take advantage of our expertise - contact us in order to learn more about our state-of-the-art software solutions for the protein industry. nue of US$16.5 billion in the year, an increase of 25.6 percent over 2010. The EBITDA was US$739.1 million, up 11.4 percent compared to 2010. • JBS USA Pork unit net revenue totaled US$3.5 billion, 17.5 percent higher compared to 2010. The EBITDA was US$338.2 million, an increase of 22.2 percent compared to the year-ago period. • JBS Mercosul posted net revenue of R14.9 billion, an increase of 11.9 percent year over year. The EBITDA increased 23.9 percent over the same period and was R1.6 billion. “Regarding Pilgrim’s, we made a decision to realign our business strategy and the results can be seen in the form of a more lean and agile fi rm fast advancing towards operational excellence,” Batista said. “And although there is more to be done, we can already see the results of our efforts. “In the last quarter of 2011, our PPC chicken business maintained revenues at above US$1.8 million while EBITDA showed considerable improvement coming in at over US$22 million and that compared with the negative EBITDA of above US$31 million the previous quarter. A negative EBITDA margin of 1.7 percent in 3Q11 turned 1.2 percent positive in the last quarter,” he added. ■ CSB-System International, Inc. USA Contact us: (800) 852-9977 2012 • 16 • Meat&Poultry • April

Table of Contents for the Digital Edition of Meat&Poultry - April 2012

Meat&Poultry - April 2012
Table of Contents
Commentary - Assassinating effective technology
Business Notes - LFTB fallout continues
Business Notes - Thompson to CEO of McDonald’s
Business Notes - Introducing: NAMA
Business Notes - Group to acquire Burger King restaurants
Business Notes - JBS may leave Argentina
Business Notes - JBS Q4 earnings advance despite Pilgrim’s Pride loss
Business Notes - Tyson addresses its strategy and stance on LFTB
Washington - Family farm labor pains
Cover Story - Team builder
Food Safety - Full speed ahead
CEO Series - Executive experience
Ground Beef - Burger nirvana
Meat Processing - Operations & Engineering
Flooring - Building a solid foundation
Contract Sanitation - Focus on plant sanitation
Sanitation Tips (Consejos de Sanidad) - Cleaning compounds
Sanitation Tips - Be cautious with chemicals
Packaging Solutions - Sandwich success
Ingredient Issues - ‘Real food’ nutrition
Ingredient Trends - Tracking global ingredient trends
Small Business Matters - Remote possibilities
Leadership Development - Creating future leaders
From the Corral - On-farm handling
Labor - Balancing and bargaining act
Names in the News
New Product Showcase
Classified Advertising
The Insider

Meat&Poultry - April 2012