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Article: Perdigao's Sales Soared to US$839.3 Million in the First Nine Months of 1998, Net Income Rose 44.0 Percent.
- Article from:
- PR Newswire
- Article date:
- November 12, 1998
CopyrightCOPYRIGHT 1998 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Third Quarter Earnings and Nine Month 1998 Financial Highlights
-- Sales rose 5.3 percent to US$839.3 million in the first nine months of
the year, and 9.2 percent to US$287.9 million in the third quarter.
-- Domestic sales increased by 13.6 percent during the first three
quarters of the year, while exports decreased by 16.0 percent in the
same period due to the Asian and Russian crises.
-- EBITDA reached US$63.6 million in the first nine months to September,