March 3, 2020 / 10:55 AM / a month ago

Brazilian food processor BRF reports 121% jump in fourth quarter profit

SAO PAULO, March 3 (Reuters) - Brazilian food processor BRF SA reported a 121% surge in fourth-quarter net income on Tuesday, to 690 million reais ($154 million), on strong international and domestic sales.

BRF also reported adjusted EBITDA - earnings before interest, tax, depreciation and amortization, a measure of operating income - of 1.413 billion reais in the latest quarter, an almost 68% rise from a year earlier.

$1 = 4.4738 reais Reporting by Ana Mano; Editing by Susan Fenton

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