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JBS hikes Seara prices due to economic recovery in Brazil

SAO PAULO, Dec 7 (Reuters) - Brazilian meatpacker JBS SA
said its Seara processed foods division is raising
average prices in the country to take advantage of the country's
economic recovery, Gilberto Tomazoni, head of operations, said
on Thursday.

During a presentation to analysts and investors, Tomazoni
said the company will continue to reduce financial leverage
using proceeds from asset sales, and that will be reflected in
fourth-quarter results.
(Reporting by Aluisio Alves; Writing by Ana Mano
Editing by Chizu Nomiyama)

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