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Marfrig sees better second half of the year with beef and food services

Marfrig sees improved performance in the second half of the year with a favorable international market for beef and food services, operations which have improved since the sale of the Seara Brasil and Uruguayan company Zenda to JBS, after three consecutive quarters of losses, says the CEO of Seara Foods.

"We hope to maintain revenue growth at close to double digit. The exchange rate will favor export margins," said Sergio Rial, who will take over as CEO of Marfrig in 2014, speaking to reporters about the results in the quarter. Marfrig is the second largest company in the beef industry in Brazil.

Information provided by Reuters




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