BRF, Brazil’s leading meat processor, reported that food sales in early 2025 exceeded expectations, prompting plans for expansion in processed foods. Despite achieving record profits, BRF’s stock dropped due to market disappointments. The company anticipates a positive outlook for protein prices amid balanced supply and demand, focusing on expanded production capabilities.
In a recent conference call, BRF, a prominent meat processor in Brazil, reported that food sales surpassed expectations in the initial months of the year. The firm’s CEO, Miguel Gularte, indicated strong market performance and emphasized plans to enhance processed food production to tap into the heightened demand. Despite anticipated cost challenges, he expressed confidence in the company’s preparedness for the future.
In summary, BRF’s performance has exceeded initial projections for 2025, driven by a robust demand for processed foods. Although the company achieved record annual profits, its stock experienced volatility due to missed market expectations in the recent quarter. BRF remains optimistic about protein price stability and aims to leverage increased demand to optimize operations and expand production capabilities.
Original Source: money.usnews.com