jbs logo

JBS posts Q4 loss as it moves forward after scandals

Plans for IPO for subsidiary JBS Foods International in U.S. remain intact.

JBS S.A. continues to be affected by the scandals that emerged in 2016, posting a surprising net loss this week of 345.1 million reals during the fourth quarter of 2017. This compared to a net income of 708.1 reals in the fourth quarter of 2016. A pre-report Reuters consensus showed that analysts had expected fourth-quarter 2017 net income of 556.4 reals.

All access premium subscription

This content requires a subscription to Feedstuffs in order to access. If you are a paid subscriber, use your email and password to Log In now.

Current Feedstuffs Subscribers: Online and mobile access are now included at no charge to you. To read this article, use your subscriber email and password to log-in to your account (or contact us for assistance in updating your account.)

Not Currently a Subscriber: Subscribe NOW to Feedstuffs and receive our print and/or digital publications, enewsletters and premium online content. Visit Feedstuffs.com and click on Subscribe at the top of the page for more information.

SUBSCRIBE NOW https://circulation.feedstuffs.com/Publications.aspx

TO RENEW YOUR SUBSCRIPTION https://circulation.feedstuffs.com/SubscriptionOffers.aspx

TAGS: Business
Hide comments


  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.