Brazilian dairy group Vigor has booked higher reported and underlying sales and profits for 2014.

On a consolidated basis, which includes the contribution from its 50% stake in local peer Itambe, Vigor posted net income of BRL120m (US$38.6m), up from BRL25.7m in 2013. EBITDA stood at BRL354.9m, compared to BRL137.4m. 

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more

Vigor saw its net revenue climb 63.2% to BRL2.69bn last year.

The company provided financial results, without the impact of its stake in Itambe.

?It made a net income of BRL66.1m in 2014, against a loss of BRL2.7m in 2013. EBITDA more than tripled from BRL65.6m to BRL204.3m last year.

Net revenue was up 23.2% at BRL1.53bn.

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

CEO Gilberto Xandó called 2014 a "landmark year" for the business "with significant growth in its operations and [an] improvement of profitability".

Just Food Excellence Awards - The Benefits of Entering

Gain the recognition you deserve! The Just Food Excellence Awards celebrate innovation, leadership, and impact. By entering, you showcase your achievements, elevate your industry profile, and position yourself among top leaders driving food industry advancements. Don’t miss your chance to stand out—submit your entry today!

Nominate Now