Bloomberg News

Marfrig Posts Quarterly Loss as Debt Payments, Costs Climb

March 25, 2012

Marfrig Alimentos SA (MRFG3), Latin America’s second-largest beef producer, reported a fourth- quarter loss after a surge in animal-feed costs and debt payments eroded gains.

The net loss of 141.5 million reais ($78.2 million) compares with a profit of 158.1 million reais in the year- earlier period, Sao Paulo-based Marfrig said in a regulatory filing.

The company was expected to post a loss of 7.6 million reais, excluding some items, according to the average of four analyst estimates compiled by Bloomberg.

JBS SA (JBSS3) is the world’s largest beef producer.

To contact the reporters on this story: Lucia Kassai in Sao Paulo at lkassai@bloomberg.net; Rodrigo Orihuela in Rio de Janeiro at rorihuela@bloomberg.net

To contact the editor responsible for this story: Dale Crofts at dcrofts@bloomberg.net


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