Meat, Poultry & Fish – Financials & Economy
-
Vičiūna to build US$108M salmon processing facility in Lithuania
Vičiūna and Partners has started construction on a new salmon processing plant. The facility will significantly increase production capacity, positioning the company among Europe’s top five producers.
-
South Africa’s poultry industry faces growing threat of avian flu
Poultry farmers remain on high alert as fears of another outbreak intensify. Additionally, the government and industry stakeholders are working to prevent a repeat of 2023’s devastating losses.
-
JBS reports US$82.8B in net revenue for year FY2024
The company reports a revenue increase and lower debt while moving closer to a dual listing on the NYSE.
-
Smithfield Foods posts US$14.1B in net sales for fiscal year 2024
Smithfield Foods has reported strong financial results as hog production declines. Hog production continues to decrease, aligning with Smithfield’s strategy to limit exposure to market fluctuations.
-
Minerva vows to cut debt after acquiring Marfrig’s assets
The company is addressing concerns about its debt following a US$1.33 billion deal.