Brazilian poultry exporter Brasil Foods has recorded an increase in first-quarter earnings boosted by lower feed costs, higher sales and a positive domestic performance.

The world’s largest poultry exporter reported a net income of BRL358.5m (US$178.5m) in the three months to the end of March. This compared to earnings of BRL179m last year and was equivalent to a net margin of 5% against 2.4% in the prior year period.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Brasil Foods said the improved performance was a result of a positive contribution from all segments of the business, but particularly from its domestic market, which accounted for 78.5% of the operating result on a margin of 13.4% in the quarter.

Operating profit jumped 94.5% to BRL592m, while the company reported net sales growth of 13.8% to BRL$7.2bn.

Click here to view the full earnings release.

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

Just Food Excellence Awards - Have you nominated?

Nominations are now open for the prestigious Just Food Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!

Nominate Now