Humane Practices

In 2009 Cargill’s net revenue was R$ 15.8 billion, virtually unchanged compared to the previous year. This good result is even more impressive because it was achieved in a scenario marked by the global financial crisis. By seeking new customers, further rationalization of expenditure and continuity of investment projects planned for the year, the company achieved forecast operating and financial results in virtually all Business Units.

Following its analyses of market conditions and focus on actions and resources in more strategic segments, the company opted to sell its Meats Business Unit (the Seara brand) to Marfrig Alimentos S.A, a transaction of US$ 899 million divided as follows: US$ 705.2 million in cash and US$ 193.8 million in assumption of debt.

With this change in structure, Cargill’s total volume of products originated, processed and sold in the year was 27.2 million metric tons, of which 69% was for export and 31% for the domestic market 16% and 69% up on the previous year.