This has been done whilst complying with the agreement signed with ACDE (Administrative Council for Economic Defense)and the current poor global economic environment.
The recovery of prices partially eased the cost pressure of the main raw materials on operating margins in Q3. But also the reflexes were significant since the cost of maize, for example, were increased up to 26.3 per cent in the period before the second quarter of the year.
During the quarter, EBITDA margin decreased 3.6 percentage points. Gross profit totaled R $ 1.5 billion, down 5 per cent, and net income was R $ 90.9 million, 75 per cent lower than the third quarter of 2011.
During the year, 283 products were launched, contemplating expanding the portfolio, repositioning of brands and / or categories and add value.
In the third quarter, launches totaled 115 products, distributed as follows: Food Service - 18, domestic market - 51; export market - 31; dairy segment - 15.
