BRF S.A. (BRFS) CEO Lorival Luz on Q1 2020 Results - Earnings Call Transcript

May 11, 2020 5:42 PM ETBRF S.A. (BRFS) StockBRFS
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Q1: 2020-05-10 Earnings Summary

EPS of -$0.01 misses by $0.03
 | Revenue of $1.56B (-16.44% Y/Y) beats by $41.25M

BRF S.A. (NYSE:BRFS) Q1 2020 Earnings Conference Call May 11, 2020 9:00 AM ET

Company Participants

Lorival Luz - Global Chief Executive Officer
Sidney Manzaro - Vice President of Commercial Brazil Market
Patricio Rohner - Vice President, International Markets

Conference Call Participants

João Soares - Citigroup
Isabella Simonato - Bank of America Merrill Lynch
Thiago Duarte - BTG Pactual
Victor Saragiotto - Credit Suisse
Lucas Ferreira - JP Morgan
Luciana Carvalho - Banco do Brasil
Marcel Moraes - Santander
Leandro Fontanesi - Bradesco BBI

Operator

Good morning, ladies and gentlemen. And welcome to BRFS' First Quarter 2020 Earnings Results Conference Call. We'd like to inform you all that this conference call is being webcast online at brf-br.com/ri and a presentation is also available.

At this time, all participants are connected in listen-only mode. Later, we will begin the Q&A session when further instructions will be given. We'd like to request all participants to ask only one question. [Operator Instructions]

Forward-looking statements during this conference call regarding the company's business outlook, projections and results as well as the company's growth potential are merely assumptions based on management's expectations regarding the company's future. These expectations are highly dependent on market change, the overall performance of the country and the industry and on international markets and are therefore subject to change. We'd like to remind you all that this call is being recorded.

This call will be presented by Mr. Lorival Luz, Global CEO, and we also have other executives from the company presence.

We'd now like to turn it to Mr. Lorival Luz, who will begin the conference call. Mr. Luz, please go ahead.

Lorival Luz

Good morning. Thank you. First of all, I'd like to greet you thank you for listening into our earnings conference call for the first quarter of 2020 at BRFS. First, I'd

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