Brazilian meat processor BRF posts net profit of $201 million for second quarter
Adds EBITDA, forecasts from LSEG analysts, CEO comment in paragraphs 2-4
By Roberto Samora
SAO PAULO, Aug 14 (Reuters) -Brazilian pork and poultry processor BRF SA BRFS3.SA reported a net profit of 1.1 billion reais ($201 million) in the second quarter, according to a financial statement released on Wednesday.
The company beat the average analyst forecast of 793 million reais compiled by LSEG for the quarter.
BRF also reported earnings before interest, tax, depreciation and amortization, a measure of operating income known as EBITDA, of 2.6 billion reais for the three months from April to June.
The EBITDA, it said, was its highest ever.
BRF CEO Miguel Gularte said in a statement that the results were driven by robust margin growth in all of its markets and higher volumes.
($1 = 5.4714 reais)
Reporting by Roberto Samora; Writing by Stefanie Eschenbacher; Editing by Leslie Adler and Jamie Freed
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