Page 12 - Minerva Foods Sustainability Report 2016

Corporate philosophy
e corporate philosophy at Minerva Foods is made up of a Management Risk Culture and E ciency Programs at the commercial and op- erational levels. is combination provides or- ganic growth and better results.
Recognition
Corporate High Yield Deal of the Year – In 2016, the Company won the Corporate High Yield Deal of the Year award, from LatinFinance magazine, for its issuance of US$1.0 billion in Bonds maturing in 2026 in the international market, with an annual coupon of 6.50%.
Melhores e Maiores (Best and Biggest) – e Company was part of the ranking organized by Exame magazine as one of the most recognized brands in Brazil’s corporate environment.
Highlights
Geographic diversity
• Acquisition of trading companies in Australia and Uruguay.
Commercial
• Commercial Journey: reformulation upon the industry and enhancement of the Go to Market strategy.
•Expansion of the customer portfolio and points of sale.
• Growth of the distribution operation in South American countries, such as Colombia and Chile. • Extended payment terms and more lend- ing, resulting in expansion to approximately
57,000 customers served domestically.
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