Last $7.49 USD
Change Today -0.17 / -2.22%
Volume 1.5K
JBSAY On Other Exchanges
Symbol
Exchange
OTC US
OTC US
Stuttgart
Sao Paulo
As of 11:09 AM 09/30/14 All times are local (Market data is delayed by at least 15 minutes).

jbs sa-sponsored adr (JBSAY) Key Developments

JBS Reportedly Delays Food Unit IPO

JBS S.A. (BOVESPA:JBSS3) is no more pursuing a plan to raise BRL 4 billion from the initial public offering of its food processing operations in Brazil due to market volatility stemming from uncertainty about the outcome of Brazil's October 2014 presidential election, Reuters reported citing two sources with direct knowledge. The benchmark Bovespa stock index shed 1%. The unit, which will be spun off under the name of JBS Foods was to list in the São Paulo Stock Exchange's Novo Mercado chapter. Itaú BBA SA, Banco Bradesco BBI S.A. and Merrill Lynch & Co., Inc. are among the group of at least five banks that have been mandated by JBS S.A. JBS S.A. declined to comment, citing a quiet period related to the JBS Foods offering.

JBS Reportedly Mulls Listing For Food-Processing Operations

JBS S.A. (BOVESPA:JBSS3) will resume plan to raise BRL 4 billion from the initial public offering of its pork, poultry and food-processing operations in Brazil as early as October 2014, Reuters reported citing a source with direct knowledge of the deal. JBS S.A. and banks want to kick off investor meetings in New York and other cities next week. The transaction could be priced after the second half of October 2014, between the first and second rounds of Brazil's presidential election. Banco Itau BBA S.A., Banco Bradesco BBI S.A. and Bank of America Merrill Lynch are among the group of at least five banks that have been mandated for the transaction, the source added. JBS S.A. declined to comment.

JBS Announces Earnings Results for the Second Quarter of 2014

JBS announced earnings results for the second quarter of 2014. For the quarter, the company’s consolidated EBITDA was BRL 2.4 billion and that was up almost 46% in relation to the same period last year with an EBITDA margin of 8.4%. Net income for the period was BRL 254 million or BRL 0.09 per share. Revenues were BRL 6.3 billion for the period. It was up 16% in relation to the same period last year.

JBS S.A. to Report Q2, 2014 Results on Aug 14, 2014

JBS S.A. announced that they will report Q2, 2014 results After-Market on Aug 14, 2014

JBS S.A., Q2 2014 Earnings Call, Aug 15, 2014

JBS S.A., Q2 2014 Earnings Call, Aug 15, 2014

 

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JBSAY:US $7.49 USD -0.17

JBSAY Competitors

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Company Last Change
BRF SA R$58.22 BRL +0.17
Kraft Foods Group Inc $56.67 USD +0.38
Mondelez International Inc $34.22 USD +0.02
NH Foods Ltd ¥2,326 JPY +32.00
Tyson Foods Inc $39.41 USD +0.56
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JBSAY

Industry Average

Valuation JBSAY Industry Range
Price/Earnings 35.3x
Price/Sales 0.2x
Price/Book 1.1x
Price/Cash Flow 36.2x
TEV/Sales NM Not Meaningful
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