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BRF Brasil Foods doubles first-quarter profit, beats estimates
April 29, 2013 / 10:41 PM / 5 years ago

BRF Brasil Foods doubles first-quarter profit, beats estimates

SAO PAULO, April 29 (Reuters) - BRF Brasil Foods SA , the world’s largest poultry exporter, doubled its profits in the first quarter from a year earlier due to lower feed costs and higher sales.

The company, known as BRF, reported net income of 359 million reais ($179 million) in a securities filing on Monday, above the average forecast of 309 million reais in a Reuters poll and well beyond the 153 million reais a year earlier.

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