Page 53 - Minerva Foods | Annual Report 2017

Outlooks
Expectations for 2018 are positive in relation to social and economic indicators. Growth is being forecasted in domestic meat consumption as well as the opening of foreign markets, with Miner- va Foods taking a new position in global terms, which is having a positive impact on exports. Moreover, the fact that South America is a key player in terms of competitiveness to supply the demand in international market plays to the fa- vor of the Company’s business.
Minerva Foods is heading towards becoming an international and diversified beef trading plat- form with a unique position in the region with the best potential to supply the world, at a time when countries are turning towards their stron- gest industries, which in South America is the production of proteins, particular that of beef. These are favorable circumstance for the Com- pany to consolidate its strategy in promising markets, for instance, domestic consumption in Brazil and in other countries where it has units in which it exports.
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