Marfrig Group - food industry company news 
BRAZIL: Q1 losses widen at meat giant Marfrig
14 May 2013
Brazilian food group Marfrig has seen its losses widen in the first quarter, hurt by the cost of integrating plants acquired from Brasil Foods.
The week ahead - Wal-Mart Q1s, Post Holdings H1, ProTerra conference
13 May 2013
US breakfast cereal group Post Holdings kicks off a relatively quieter week of results with its half-year numbers on Monday. On Tuesday, meat giants Marfig and JBS will report on how it fared in the first three months of the year - as will Wal-Mart on Thursday. The week also includes an international conference in the Netherlands looking at the sustainable cultivation of soy.
EUROPE: Moy Park to widen portfolio in Marfrig shake-up
16 April 2013
UK-based poultry group Moy Park will be able to offer more products to its customers as part of a reorganisation by parent Marfrig, the Brazilian meat giant.
BRAZIL: FY losses narrow at meat giant Marfrig
28 March 2013
Brazilian food group Marfrig has insisted it remains committed to de-leveraging its balance sheet as it booked a drop in 2012 losses.
UK: Unite launches campaign to save Moy Park jobs
25 March 2013
UK union Unite has launched a campaign to save 300 jobs at the Wisbech production facility operated by Marfrig's Moy Park business.
BRAZIL: Marfrig promotes dos Santos to CFO
12 February 2013
Brazilian meat giant Marfrig has named VP of finance Ricardo Florence dos Santos as its CFO.
BRAZIL: Brasil Foods Q3 profit drops 75%
13 November 2012
Brasil Foods has booked a 75% drop in third-quarter profits as higher feed costs more than offset sales gains in the period.
BRAZIL: Marfrig hires ex-Cargill CFO Rial to lead processed foods arm
8 November 2012
Brazilian meat giant Marfrig has appointed former Cargill CFO Sergio Rial to lead its processed food division, Seara Foods.
BRAZIL: Marfrig returns to profit in Q3
26 October 2012
Brazilian meat giant Marfrig has returned to profit in the third quarter of the year.
BRAZIL: Marfrig attracts "buyer interest"
24 August 2012
Brazilian meat giant Marfrig is understood to have attracted companies including Tyson and Blackstone for the potential purchase of a stake in the group.
BRAZIL: Meat giant Marfrig reports Q2 profit
14 August 2012
Brazil-based meat giant Marfrig today (14 August) booked a second-quarter profit, moving back into the black after a loss in the corresponding period last year.
BRAZIL: Lower financing costs boost Marfrig profits
15 May 2012
Marfrig has reported higher quarterly profits as the Brazilian meat processor increased its focus on value-added products and disposals and lower financing costs boosted its bottom line.
BRAZIL: Marfrig looks to future despite finance-driven FY loss
26 March 2012
The chief executive of Brazilian meat giant Marfrig has looked to the group's future as a global food company even after it recorded losses of BRL746m (US$411.6m) in 2011.
UK: Vion loses Sainsbury's chicken contract
12 March 2012
Dutch meat giant Vion has lost a contract to supply poultry to UK retailer Sainsbury's after the supermarket operator conducted a review of its chicken supply base.
BRAZIL: Marfrig approves structural overhaul
27 February 2012
Brazilian meat group Marfrig today (27 February) revealed that its board of directors has approved a new operational structure as the firm looks to cut costs and complexity from the business.
BRAZIL: Former ConAgra president to replace Seara's Bonassi
30 January 2012
Brazilian meat giant Marfrig has appointed a former president of ConAgra Foods to head up its Seara subsidiary.
BRAZIL: Brasil Foods, Marfrig to swap assets
8 December 2011
Brasil Foods plans to swap assets with rival Marfrig to meet a watchdog competition ruling on the merger that created the company.
BRAZIL: Currency woes dents Marfrig's record Q3 results
11 November 2011
Brazilian meat giant Marfrig posted a net loss of of BRL540.0m (US$307m), despite record sales and cash flow in its third-quarter.
BRAZIL: Brasil Foods to sell assets to beef producer?
8 November 2011
Brasil Foods is reportedly set to sell some of its assets to beef producer Marfrig Alimentos.
BRAZIL: Marfrig announces structure overhaul
14 October 2011
Brazilian meat processor Marfrig has shaken up its business structure to reduce costs and increase operating margins.
BRAZIL: JBS, Marfrig deny Minerva merger talk
4 October 2011
Brazilian meat giants JBS and Marfrig have distanced themselves from speculation of a possible merger between the two companies and local rival Minerva.
BRAZIL: Marfrig records Q2 net loss
15 August 2011
Brazilian meat producer Marfrig made a net loss in the second quarter on the back of a weak US dollar and high grain and livestock prices.
BRAZIL: Marfrig, JBS to continue exporting to Russia despite ban
3 June 2011
Two of Brazil's largest meat processors have said they will continue to export meat to Russia after Moscow banned meat imports from three Brazilian states.
BRAZIL: Acquisitions drive Marfrig gains
16 May 2011
Brazilian meat group Marfrig hailed its "best performance to date" today (16 May) as it unveiled a jump in sales and profits.
CHINA: Marfrig to form two joint ventures
11 April 2011
Brazilian meat producer Marfrig announced today (11 April) that it will form two joint ventures in China through its subsidiary Keystone Foods.
BRAZIL: Marfrig 2010 margins, sales rise
1 April 2011
Brazilian protein group Marfrig today (1 April) booked a rise in earnings for 2010, which were boosted by acquisitions and increased sales across all product segments.
The just-food management briefing - M&A in 2010 - a timeline
20 December 2010
There have been over 640 stories in just-food's M&A section since April this year covering everything from industry-changing mergers to bolt on acquisitions and brand disposals. This section to the briefing tracks the major moves through the year by looking at all the deals that were put under scrutiny in our insights section.
UK: Moy Park opens Northern Ireland poultry facility
19 November 2010
Poultry and food processing company Moy Park has opened a GBP21m (US$33.8m) manufacturing facility in Northern Ireland.
BRAZIL: Marfrig posts third-quarter loss
17 November 2010
Brazil-based meat giant Marfrig has swung to a loss in its third quarter due to interest expenses and costs linked to this summer's acquisition of Keystone Foods.
BRAZIL: Marfrig posts mixed Q2 results
17 August 2010
Brazilian meat processor Marfrig has posted a drop in second-quarter net profit as the business lapped last year's second quarter when results were boosted by foreign-exchange movements.
