Blog Post

JBS delivers stronger second quarter financial result

 

DESPITE the impact of severe labour shortages, freight prices and ongoing energy and other inflationary pressures along the value chain, JBS Australia recorded improved financial results in the second quarter ended June 30.

Shareholders were told JBS Australia posted net revenue of US$1.674 billion for the period, up 18pc on the previous quarter and almost 32pc on the second quarter last year. The Australian figures now cover operations in beef, lamb, pork (including the newly acquired Rivalea), smallgoods (the large Primo manufacturing business), and aquaculture (Huon).

Adjusted…

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