Food company Perdigao has announced that it expects to end 2005 recording growth in excess of 10% in sales volume.
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This good performance should minimise the impact of an 18% foreign exchange rate appreciation on export revenues, the company said. Company sales are forecasted to reach BRL5.9bn (US$2.6bn).
Export performance should report a 14% increase in volume and account for 55% of company net sales for the fiscal year, reflecting the internationalisation process implemented by the company more than three years ago.
In the domestic market, the increase in volume estimated at 8% reflects investment in the diversification of the product mix, ensuring an increase in higher value added products, and the expansion and improvement in the distribution network.
The company is programming investments of BRL440m in 2006, representing a growth of 50% in relation to 2005. Investments will be largely directed to work on the new agroindustrial complex in Mineiros, expanding the units at Rio Verde and Nova Mutum, increases in slaughtering and processing capacity, as well as productivity at the various units, creating 3,000 new jobs in the production area in the units located in the Brazilian midwest and south, as well as bolstering its sales and logistics teams.
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By GlobalData
