Brazilian Minerva group’s production goes up by 43,8% in 9 months, but Marfrig slaughterhouse is damaged by fire

In the third quarter net incomes have reached 4,3 billion reals (slightly more than 1 billion euros), therefore accounting, in total, for 15,6 billion reals (that is, 3,7 billion euros) in the first nine months of 2018: compared to the group’s revenues of last year, in the same period, they increased by 17%. Exports have been driving considerably the accomplishments achieved by Brazilian Minerva meat group: in fact, they account for about 60% of the company’s turnover. As made public by the group, from January to November slaughters increased by 43,8%, on annual basis (over 900,000 livestock units have been processed), while supporting sales volumes, which went up by 37%. Talking about Brazil’s meat, Brazilian press reported the news about a fire at Marfrig’s slaughterhouse, located in Mineiros (in the region of Goiàs): allegedly, the manufacturing capacity of the plant is around 1,000 livestock units per day. The fire took place when the factory was closed; hence, nobody got injured, though, owing to facility damages, work operations are going to be provisionally suspended. Still we do not know when they are going to start again.


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