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The Company's principal business is the production and distribution of poultry and pork products.
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EPS100Momentum (< 20) Submitted: 5/01/08 9:46 AM : Start Price: $12.65 SDA Score: 49.10
SDA earnings report translated to english from PortugueseApril 30, 2008 - The SADIA S.A. (BOVESPA: SDIA3 and SDIA4; NYSE: SDA; LATIBEX: XSDI), a national leaderNo segment of processed foods, announcing today the results of the first quarter of 2008 (1T08). Theoperational and financial information of the Company are presented in thousands of U.S. dollars except whereindicated otherwise based on consolidated figures, according to company rules. Allcomparisons made in this release take into consideration the same period of 2007 (1Q07), exceptwhen specified otherwise.Data on 29/04/2008Sadia ON(SDIA3) =$ 10.30 / shareSadia PN(SDIA4) =$ 11.58 / shareSadia ADR(SDA)= $ 20.63(1 ADR = 3 shares)Sadia Latibex(XSDI)= 4.58Market Value - Bovespa$ 7.9 billion$ 4.6 billionRelationsInvestorsWelson Teixeira JuniorDirector of RelationsInvestorsTel: 11 2113-3197Christiane AssisPhone: 11 2113-3552Christiane.Assis @ sadia.com.brSilvia Helena MadiPinheiroPhone: 11 2113-3197Silvia.Pinheiro @ sadia.com.brMelissa SchleichPhone: 11 2113-1565Melissa.Schleich @ sadia.com.brSonia BiajoliPhone: 11 2113-3686sonia.biajoli @ sadia.com.brri@sadia.com.brwww.sadia.com.brLigia MontagnaniConsultant RIPhone: 11 3897-6405Ligia.montagnani @ firb.com"The first quarter of 2008 showed results within expectations. The gross revenueregistered a growth of 20.3%, reaching $ 2.6 billion, and exports wereaccounted for 46.7% of the revenue generated by the Company. The Sadia follows with its process ofinternationalization, aware of the potential for growth of sales in the international market,inaugurating its first overseas factory in Russia, and investing in construction of itssecond unit outside the country, the United Arab Emirates. The segment showed the industrialisedan increase of 15.8% in volume and 21.2% in revenue over the same quarter ofprevious year. The growth of this segment is in line with the objectives of the Company,improve the product mix, thus minimizing health risks and getting abetter profitability. In the case of the internal market, the intention is to get penetration in allthe classes of income of the Brazilian population. We make investments of $ 427.1 million inquarter of a planned total of $ 1.6 billion in the year, higher amount in the history of Sadia.In the quarter, the Company recorded growth of 3.9% in operating profit and 123.4% innet profit, compared to 1Q07. The focus on improving operating cash generation(EBITDA) resulted in $ 276.9 million and has a margin of 12.1%, close toobtained in the similar period last year, despite the pressure of increased costs of grain. Aexpectation of an increase in the cost of grain is growing in 2008 and the company hasconcentrated efforts to pass this increase in the prices of products soldboth in the domestic market as the foreign market. We remain confident in ourtarget of doubling the turnover in five years, built based on the internationalization ofoperations and growth in the domestic market in view of the competitive conditionsBrazil as a producer of animal protein. Some of that Sadia will continue theirtrajectory of success in the year beginning, ensuring that the quality of their products,sustainability of their initiatives and maintain credibility with investors,thank you to our employees, for the dedication and talent, which helped builda quarter more important in the history of the Company.
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EPS100Momentum (< 20) Submitted: 5/01/08 4:05 PM
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SDA earnings release in English, some didn't have faith in my translation, so here is the English link:http://ri.sadia.com.br/enu/1074/Sadia_%20Release_1Q08.pdf
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