Log in
Log in
Or log in with
GoogleGoogle
Twitter Twitter
Facebook Facebook
Apple Apple     
Sign up
Or log in with
GoogleGoogle
Twitter Twitter
Facebook Facebook
Apple Apple     
  1. Homepage
  2. Equities
  3. Brazil
  4. Bolsa de Valores de Sao Paulo
  5. JBS S.A.
  6. News
  7. Summary
    JBSS3   BRJBSSACNOR8

JBS S.A.

(JBSS3)
  Report
Delayed Bolsa de Valores de Sao Paulo  -  04:07 2022-09-26 pm EDT
25.74 BRL   -2.05%
12:08pU.S. plans rule to protect livestock farmers from company retaliation
RE
09/21JBS S.A. Appoints Jason Weller as Global Chief Sustainability Officer
CI
09/13Jbs S A : Comunicado ao Mercado
PU
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisionsFunds 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

JBS U.S. units to adopt pandemic response plans after COVID outbreaks

05/27/2022 | 04:07pm EDT
FILE PHOTO: Outbreak of the coronavirus disease (COVID-19) in Greeley, Colorado

(Reuters) - Subsidiaries of meat processor JBS USA LLC have agreed to implement infectious disease preparedness plans at seven U.S. plants, in the wake of a U.S. congressional report finding that the industry largely failed to prevent the spread of COVID-19 among workers.

The agreement was announced on Friday by the U.S. Occupational Safety and Health Administration (OSHA), which said the companies will work with teams of outside experts to develop and implement new policies on engineering, ventilation, visitor screening, cleaning, and personal protective equipment.

OSHA said the agreement involves plants in six states operated by JBS units Swift Beef Co, Swift Pork Co, JBS Souderton Inc and JBS Green Bay Inc.

JBS USA, the subsidiary of Brazil's JBS SA, said in a statement that the plans it is developing will build on a "COVID-19 playbook" the company has already adopted that lays out best practices and provides guidance to plant operators.

In 2020, a total of seven workers at two JBS facilities in Colorado and Wisconsin died from COVID-19 and nearly 650 employees tested positive for the virus.

OSHA on Friday said it had found that the facilities failed to take steps to protect workers and levied $14,502 in fines.

A Reuters analysis of public data published in January found that nearly 90% of U.S. processing plants owned by JBS and four other major meat companies had COVID-19 cases in 2020 and early 2021, and that 269 workers had died during that period.

John Rainwater, an OSHA official in Dallas, Texas, said in a statement that the agency will ensure the agreement with JBS is enforced to prevent mass outbreaks from happening again.

The announcement comes two weeks after a U.S. House of Representatives panel released a report saying JBS and other large meat processors had failed to adopt measures to stem the spread of COVID-19.

(Reporting by Daniel Wiessner in Albany, New York, Editing by Alexia Garamfalvi)

By Daniel Wiessner


© Reuters 2022
Stocks mentioned in the article
ChangeLast1st jan.
FEEDER CATTLE FUTURE (GF) - CMG/C1 -0.04% 178.125 End-of-day quote.6.74%
JBS S.A. -2.05% 25.74 Delayed Quote.-30.75%
LIVE CATTLE FUTURE (LE) - CMG/C1 -0.31% 144.4 End-of-day quote.3.26%
All news about JBS S.A.
12:08pU.S. plans rule to protect livestock farmers from company retaliation
RE
09/21JBS S.A. Appoints Jason Weller as Global Chief Sustainability Officer
CI
09/13Jbs S A : Comunicado ao Mercado
PU
09/05JBS S.A.(BOVESPA:JBSS3) added to Brazil Valor BM&FBOVESPA Index
CI
08/30Brazilian food processor BRF CEO resigns, shares close lower
RE
08/30Brazilian food processor BRF CEO resigns, shares close lower
RE
08/16JBS S.A. Appoints Michael Koenig as Chief Ethics & Compliance Officer
CI
08/12Asian demand for beef to remain strong as per-capita consumption still low - JBS
RE
08/12Transcript : JBS S.A., JBS USA LLC, Q2 2022 Earnings Call, Aug 12, 2022
CI
08/11Brazil's JBS Q2 profit falls almost 10%, but tops estimates
RE
More news
Analyst Recommendations on JBS S.A.
More recommendations
Financials
Sales 2022 380 B 70 877 M 70 877 M
Net income 2022 15 636 M 2 914 M 2 914 M
Net Debt 2022 64 378 M 11 998 M 11 998 M
P/E ratio 2022 3,51x
Yield 2022 6,58%
Capitalization 58 292 M 10 863 M 10 863 M
EV / Sales 2022 0,32x
EV / Sales 2023 0,29x
Nbr of Employees 250 000
Free-Float 37,3%
Chart JBS S.A.
Duration : Period :
JBS S.A. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends JBS S.A.
Short TermMid-TermLong Term
TrendsBearishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 16
Last Close Price 26,28 BRL
Average target price 50,75 BRL
Spread / Average Target 93,1%
EPS Revisions
Managers and Directors
Gilberto Tomazoni Chief Executive & Operating Officer
Guilherme Perboyre Cavalcanti Chief Financial & Investor Relations Officer
Jeremiah Alphonsus O'Callaghan Chairman
Michael Koenig Chief Ethics & Compliance Officer
Eliseo Santiago Perez Fernandez Director-Administration & Control
Sector and Competitors
1st jan.Capi. (M$)
JBS S.A.-30.75%11 136
HORMEL FOODS CORPORATION-3.97%25 600
TYSON FOODS, INC.-19.76%25 152
HENAN SHUANGHUI INVESTMENT & DEVELOPMENT CO.,LTD.-25.20%11 520
WH GROUP LIMITED7.36%9 459
PILGRIM'S PRIDE CORPORATION-14.68%5 751