Brazil's BRF plans to raise domestic prices in 2015 -CFO

miércoles 29 de abril de 2015 09:19 GYT

SAO PAULO, April 29 (Reuters) - Brazilian food processor BRF SA plans to raise prices for domestic consumers in 2015 in line with inflation, CFO Augusto Ribeiro said on a Wednesday conference call to discuss first-quarter earnings.

A two-week truck strike in February that slowed deliveries to ports and made grain for livestock feed scarce cost the company 100 million reais ($34 million), though the financial impact of the protests would mostly be limited to the first quarter, executives said.

Shares of BRF, also the world's largest chicken exporter, rose 5 percent in early Sao Paulo trading after reporting results and announcing a share buy-back.

($1 = 2.93 reais) (Reporting by Caroline Stauffer and Gustavo Bonato)