Send us Feedback

Sadia S.A. (SDA)
Analysis
SUMMARY
BULLS
BEARS
TOPICS
Data
DATA CENTRAL
STOCK CHART
OPERATING METRICS
REVENUE SOURCES
Financials
SEC FILINGS
BALANCE
INCOME
CASH FLOW

SDA » Topics » SADIA ANNOUNCES INVESTMENT FOR THE SECOND STAGE OF LUCAS DO RIO VERDE-MT PROJECT

This excerpt taken from the SDA 6-K filed Sep 4, 2008.

SADIA ANNOUNCES INVESTMENT FOR THE SECOND STAGE OF LUCAS DO RIO VERDE-MT PROJECT



Sadia’s Board of Directors approved investments in the amount of R$ 308 million to complete the second stage of Lucas do Rio Verde-MT Project, the purpose of which is to reach a total slaughtering capacity of 145 million heads/year of poultry and 2.5 million heads/year of hogs. This investment also includes supporting areas, utilities, agriculture and livestock.


The operational startup of this second stage is scheduled for the second half of 2010 and, when operating at full capacity by the first half of 2011, it will generate an additional annual revenue of around R$725 million for Sadia.


Sadia’s decision to expand investments in Mato Grosso is in alignment with its strategy of maximizing production in grain-producing regions.




São Paulo, September 3, 2008


Sadia S.A.

Welson Teixeira Júnior

Investor Relations Director






Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki