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JBS S.A. (JBSAY)
| Previous close | 8.53 |
| Open | 8.81 |
| Bid | 0.00 x 0 |
| Ask | 0.00 x 0 |
| Day's range | 8.81 - 8.98 |
| 52-week range | 6.20 - 10.42 |
| Volume | |
| Avg. volume | 114,296 |
| Market cap | 9.99B |
| Beta (5Y monthly) | 0.19 |
| PE ratio (TTM) | N/A |
| EPS (TTM) | -0.18 |
| Earnings date | N/A |
| Forward dividend & yield | 0.78 (9.19%) |
| Ex-dividend date | 29 Jun 2023 |
| 1y target est | 14.00 |
- Reuters SG
UPDATE 2-JBS Brazil plant temporarily closed over labor irregularities, auditor says
A JBS SA beef plant in the center western state of Goias was ordered shut for two days by labor auditors over irregular work conditions, one of them who inspected the facility last week said on Wednesday. JBS immediately presented "an adaptation plan" which has been accepted by the Ministry of Labor and Employment and is being executed, the meat company said. The plant, with about 970 employees, was allowed to reopen on Monday after the company presented the plan to adjust work conditions, Mendes told Reuters.
- Reuters
JBS to double capacity of Brazil beef plant, make it Latin America's largest
Brazil's JBS, the world's largest meat producer, will invest 150 million reais ($29.2 million) to double the slaughtering capacity at its Campo Grande II beef plant to 4,400 cattle per day, it said in a statement on Friday. The announcement, which happens after the plant received in March green light to export to China, was made during a visit of Brazil's President Luiz Inacio Lula da Silva to the unit, which is located in the state of Mato Grosso do Sul. JBS said the capacity expansion should be completed within a year, and will make Campo Grande II one of the firm's three largest plants in the world and Latin America's largest beef plant.
- Reuters
UPDATE 2-Brazil's JBS says Seara unit improving, US beef division facing challenges
Brazilian meat-packer JBS SA expects margins of its Seara processed foods maker in Brazil to reach double digits in the first weeks of 2024, citing operational improvements designed to shore up the unit, executives said on Wednesday. JBS, which released financial results on Tuesday that were below analysts expectations, said Seara and the U.S. beef division presented the biggest challenges for the company last year, when it lost about 1 billion reais ($200.57 million) compared with a 15.457 billion real annual profit ($3.10 billion) in 2022. JBS shares dropped about 3% in early trading after the results, which were also negatively affected by global poultry oversupplies and high grain prices, especially in the first half of 2023.
