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JBS reports Q1 net income of US$990M, up 151% from year-ago period, as consolidated net revenue rises 20.8% to US$18.87B

Credit Suisse remains positive on JBS's investment case after Q1 profit beats estimates, expects operating momentum to remain solid in coming quarters; however, gradually declining cattle availability in US could put pressure on fat steer prices

JBS completes acquisition of corporate control of Spanish cultured meat production company BioTech Foods, marking JBS' entry into the cultured meat production segment

JBS hires Mauricio Bauer as corporate sustainability officer to lead sustainability strategy inĀ BrazilĀ in line with global targets; Bauer has worked with WWF as senior director for beef, leather supply chain, and with National Wildlife Federation

JBS announces the purchase of two Middle East frozen food plants in Saudi Arabia and United Arab Emirates; company also creates its own distribution network with three local partners to take products to the two countries, as well as to Kuwait

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