Poultry Production
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New York Times Co. (NYT) Q4 Earnings and Revenues Top Estimates
ZACKS· 2026-02-04 14:15
New York Times Co. (NYT) came out with quarterly earnings of $0.89 per share, beating the Zacks Consensus Estimate of $0.88 per share. This compares to earnings of $0.8 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +1.14%. A quarter ago, it was expected that this newspaper publisher would post earnings of $0.54 per share when it actually produced earnings of $0.59, delivering a surprise of +9.26%.Over the last four quarters, ...
Grupo Santander Analyst Raises from Neutral to Outperform on Pilgrim’s Pride Corporation (PPC)
Yahoo Finance· 2026-01-14 16:50
Core Viewpoint - Pilgrim's Pride Corporation (NASDAQ:PPC) is recognized as a strong investment opportunity, with analysts showing mixed ratings and price targets reflecting varying outlooks for the company and the agricultural market in 2026 [2][3]. Group 1: Analyst Ratings and Price Targets - Grupo Santander's analyst raised Pilgrim's Pride from Neutral to Outperform with a price objective of $56 [2]. - Barclays maintained an Equal Weight rating but reduced its price target from $49 to $45, indicating a cautious outlook on the agricultural markets for 2026 [3]. Group 2: Financial Performance - In Q3 2025, Pilgrim's Pride reported net sales of $4.8 billion and operating income of $492.6 million, achieving a margin of 10.4% [4]. - Demand for Pilgrim's Pride products remained high in both foodservice and retail sectors, with prepared foods experiencing a year-over-year surge of over 25% [4]. Group 3: Company Position and Strategy - Pilgrim's Pride is the second-largest poultry producer in the United States, highlighting its significant market presence [5]. - The company aims to invest $500 million in U.S. operations and plans for expansion with key customers, maintaining a net leverage of approximately 1.0x [4].
Akola invests in poultry production
Yahoo Finance· 2025-12-11 13:09
Core Insights - Akola Group is investing €13 million ($15.2 million) to upgrade its poultry operations in Lithuania and Latvia, with a total investment of €43 million ($50.4 million) planned for the wider business in the 2025-2026 financial year [1][2] Investment Focus - The investment will target production modernization, expansion of incubation capacity, strengthening biosecurity, and enhancing environmental and energy efficiency solutions [2][3] - Specific projects include the implementation of AI-based carcass preparation technology and renovation of an incubation facility to produce up to 45 million day-old chicks [4] Financial Performance - In the 2024-2025 financial year, Akola's poultry operations generated €325 million in sales with a gross profit of €69 million [2] - For the first quarter of the 2025-2026 financial year, consolidated revenue reached €393.9 million, a 2.6% year-on-year increase, while total sales volumes rose 7.4% to 791,415 tons [5] - Operating profit surged 43% to €26.8 million, but net profit decreased by 53.4% to €19.5 million [5] Segment Performance - The food production segment, which includes poultry, flour, bread mixes, and ready-to-eat products, generated €123 million in revenue for the quarter, reflecting a 15% increase compared to the same period in 2024 [6]
Tanmiah Signs Three Strategic MoUs to Advance Saudi Green Goals and Launches Region's First Geothermal-Cooled Poultry Facility
Prnewswire· 2025-11-23 16:54
Core Insights - Tanmiah Food Company signed three Memorandums of Understanding (MoUs) with Schneider Electric, Strataphy, and Kayes Arabia to accelerate its decarbonization efforts and improve energy efficiency [1][3][4] - The initiatives are aligned with Saudi Arabia's Vision 2030 sustainability objectives, emphasizing the company's commitment to climate action [3][7] Group 1: Strategic Partnerships - The MoU with Schneider Electric focuses on developing a carbon inventory assessment and setting measurable emission reduction targets under the Science Based Targets initiative (SBTi) framework [4] - Collaboration with Strataphy will introduce geothermal cooling systems at Tanmiah's Shaqrah Facility, marking the region's first geothermal-cooled poultry operation [5] - The agreement with Kayes Arabia aims to convert diesel-powered equipment to Liquefied Petroleum Gas (LPG) systems, reducing carbon emissions and operational costs [6] Group 2: Technological Innovations - Tanmiah's Chief Strategy Officer presented innovative solutions involving IoT and AI in logistics and farming operations, along with successful trials of alternative locally grown feed [3] - The geothermal cooling system operates under Strataphy's Cooling as a Service (CaaS) model, providing a scalable, low-carbon solution for poultry production [5][10] Group 3: Company Overview - Tanmiah Food Company, established in 1962, is a leading provider of fresh poultry, processed proteins, and animal feed in the Middle East, operating 149 farms and multiple processing facilities [8][9] - The company emphasizes sustainability through initiatives such as planting a million trees and utilizing wastewater from its facilities [9]
Astral Foods expects EPS rebound driven by “strong” recovery in H2
Yahoo Finance· 2025-10-29 13:16
Core Viewpoint - Astral Foods anticipates a rebound in earnings per share (EPS) for the full year, driven by a strong recovery in the second half of the fiscal year 2025 [1][2]. Financial Performance - EPS is expected to increase by 7% to 17%, reaching between R20.96 ($1.23) and R22.91, compared to R19.59 from the previous year [1]. - Headline earnings per share (HEPS) are projected to rise by 5% to 15%, estimated between R20.16 and R22.08, compared to R19.20 in the previous financial year [2]. Factors Contributing to Recovery - The recovery in the second half is attributed to increased broiler slaughter numbers and higher poultry sales compared to the previous year [2]. - Improved per-unit production costs due to higher production volumes and a recovery in poultry sales after a period of price deflation [2][3]. - Higher internal feed sales linked to increased broiler production and a year-on-year rise in external feed volumes contributed to the recovery [3]. Operational Insights - Astral Foods focused on rebuilding its balance sheet and successfully restored a targeted surplus cash position throughout the year [3]. - The company plans to publish final results around 17 November [3]. Previous Performance Context - In May, Astral Foods reported a decline in first-half profits due to lower poultry prices and higher feed costs, with revenue rising 3.5% to R10.7 billion ($593.5 million) [4]. - The poultry division's revenue increased by 1.5% to R8.8 billion, but it experienced an operating loss of R26 million, compared to a profit of R284 million the previous year [5].
Amlan Sponsors Networking Experience at LPN Congress & Expo 2025
Globenewswire· 2025-10-06 20:00
Core Insights - Amlan is participating in the 4th LPN Congress & Expo in Miami, focusing on innovation and strategic partnerships in poultry production and animal nutrition [1][4] - The event will host over 3,000 attendees and 900 exhibitors from more than 50 countries, featuring a comprehensive technical program [3] - Amlan aims to showcase its natural feed additives and engage with industry leaders to promote sustainable, antibiotic-free production systems [4][6] Company Participation - Amlan will sponsor a coffee break on October 8, providing an informal setting for networking with industry peers [2] - The company plans to share its latest research on gut health and collaborate on sustainable strategies for producers in Latin America [5][6] - Amlan's participation reflects its commitment to enhancing animal health and producer profitability in the Latin American market [4][6] Industry Engagement - The LPN Congress & Expo serves as a platform for Amlan to connect with decision-makers and explore new opportunities in the poultry and livestock industries [3][6] - Amlan's team will engage in knowledge-sharing sessions and networking events to discuss emerging trends in poultry farming [7] - The event emphasizes the importance of collaboration and innovation in addressing challenges within the animal nutrition sector [4][5]