SAO PAULO, May 11 (Reuters) - JBS SA, the world's biggest
meatpacker, made 5.14 billion reais ($999.67 million) in
profits in the first quarter, beating analysts expectations of a
4.5 billion real gain in the period, according to an earnings
statement on Wednesday.
The company, which derives most of its sales in the United
States, said adjusted earnings before interest, tax,
depreciation and amortization, a measure of operating income
known as EBITDA, came in at 10 billion reais, up 46.7% from the
same year-ago quarter.
($1 = 5.1417 reais)
(Reporting by Ana Mano and Nayara Figueiredo
Editing by Chris Reese)