A year of overcoming
In 2016, the Brazilian Gross Domestic Product (GDP) declined for the second consecutive year, with a decrease of 3.6% compared to 2015, when the economy had already retracted 3.8%. The data, published by the Brazilian Institute of Geography and Statistics (IBGE), confirmed the worst recession in Brazilian history. Despite negative GDP figures, Cargill ended 2016 with a net operating revenue of BRL 33 billion* – a result that was quite expressive and higher than the previous year.
In 2016, investments totaled BRL 775 million, approximately BRL 140 million more than in 2015, confirming our commitment to the company's growth plans in Brazil, even in an unfavorable scenario. We continue to believe in the recovery of the country's economy and are committed to using our global knowledge and experience to overcome economic, environmental, and social challenges wherever we do business.
The complete financial statements of Cargill Alimentos and Cargill Agrícola S.A. for 2016 may be accessed on Cargill's website
2016 Financial results*
Consolidated Cargill Alimentos (Cargill Agrícola S.A. + Animal Nutrition)
Net operating revenue:
BRL
33,053
million
* This year, we announced for the first time the consolidated result of Cargill Alimentos, which includes the results of Cargill Agrícola S.A. and Animal Nutrition.
Result for the year:
BRL 708 million
Shareholders' equity:
BRL 3,593 million
Investments:
BRL 775 million
Total assets:
BRL 13,177 million
Awards and recognitions
In 2016, we received several awards and recognitions for our joint work as a company and the individual performance of our professionals. Achievements such as these strengthen us and encourage us to further develop our business ethically and fairly.
Exame Sustainability Guide
Our company was chosen one of the three most sustainable in the agribusiness sector, according to the Exame Sustainability Guide. The guide is the most respected survey on corporate sustainability strategy and in 2015 included the participation of 210 companies operating in Brazil.
100 Most Influential
Personalities in
Agribusiness
Luiz Pretti, President of Cargill in Brazil, is among the 100 Most Influential Personalities in Agribusiness, according to a list published annually by Editora Três. Our executive features among “the businessmen in agriculture”.
Best and Largest
In its Best and Largest 2016 ranking, Exame magazine elected Cargill the largest Brazilian agribusiness company. The company featured for the first time among the 400 agribusiness companies in Brazil, according to sales criteria. In addition to this recognition, we were leaders in other categories – the largest North American company in the country and the largest company in Southeast Brazil – and we were the third largest exporter in Brazil and the ninth largest company in the country in the ranking of the thousand largest.
Top of Mind
For the first time, in 2016, the Top of Mind – Datafolha survey conducted with over 7,000 people in all regions of Brazil – questioned consumers about 35 products used in the kitchen.
When asked “What brand comes to mind?” in the cooking oil category, 46% of respondents answered: Liza. On the market since 1975, Liza oil is a trusted quality brand for Brazilians. In the new category of tomato sauces and paste, the Elefante brand has the largest recall, with 23% of mentions – and Pomarola, also our brand, ranked second, with 15%.
Benchmarking Brasil
Cargill was recognized by Benchmarking Brasil 2016, one of the most traditional and respected sustainability seals in the country. With the case 'Cargill Award for Rational Water Use', the company ranked 11th in the awards, which recognize companies with the best environmental management practices.
Best of Agribusiness
Our company won the 12th edition of the Best of Agribusiness award, as the largest company among the 500 in the sector. The award, an initiative of Globo Rural magazine and Editora Globo, in partnership with Serasa Experian, is the result of a ranking of companies based on performance and management, divided into 20 segments.
Launch of
the Year
In the Salty Grocery category, our company received the Launch of the Year 2016 award, for the Elefante Sabores line. The award is promoted by SuperHiper Magazine, an official publication of the supermarket sector, in partnership with GfK Brasil.
The Best of Dinheiro Rural
Cargill was the winner in the Production Chain Management category of the Best of Dinheiro Rural award. The award elects the company that best communicates with its partners at all levels of its production process.
Superior Taste
We won the iTQi Superior Taste Award for the Genuine White and Milk chocolates, in Brussels, Belgium. The two products were presented to a jury composed of renowned chefs and sommeliers from prestigious European institutions and evaluated based on the following criteria: first impression, aspect, aroma, texture, and flavor.
Sul for Export Award
Based on data released by the Ministry of Development, Industry, and Commerce, Amanhã Magazine promotes the Sul for Export Award, a ranking highlighting the ten largest exporting companies at the ports of Santa Catarina, Paraná, and Rio Grande do Sul. Cargill was recognized as the second largest exporter in the southern region of the country.
ABERJE Award
For the various actions carried out commemorating Cargill's 150/50 years, which was attended by 190 subsidiaries, the company was the regional champion of the Brazilian Association of Business Communication (ABERJE) Award, one of the most important awards in the country in best practices.
Trusted Brands
For the 15th consecutive time, the Liza brand received the Trusted Brands Award from Seleções (Reader's Digest) magazine in the category Edible Oil. Liza received a special mention at the event, for its invincibility and presence since the creation of the award.
Food Industry Lide Award
Cargill was the winner of the Export Industry category at the 2016 Food Industry Lide Award, presented at the 4th Brazilian Food Industry Forum, held by Lide – Group of Business Leaders and Lide Agribusiness, in Goiânia (GO).
Abad Fornecedor Nota 10 (A+ Supplier)
Cargill received the 2016 Fornecedor Nota 10 Award in the “Salty Grocery” Product Basket category. The award is carried out by the Brazilian Association of Wholesalers and Distributors (ABAD) and by the Nielsen research company.
Fi Innovation Awards
Cargill ranked among the top three finalists in the Most Innovative Food Ingredient category of the Food Ingredients South America Innovation Awards 2016, the region's top award for the food and beverage ingredients industry. The company competed for the award with the Lévia +e solution – created by the Research and Development area, in partnership with the State University of Campinas (UNICAMP), and produced at our Mairinque (SP) and Itumbiara (GO) plants.
Agroleite Award
Nutron, a brand of Cargill Animal Nutrition in Brazil, was voted, for the 15th time, the best company in the Nutrition category, according to the 2016 Troféu Agroleite award. The award is considered one of the most important and coveted in the sector.
Empresas Mais Award
Cargill ranked third in the Food and Drink category of the Empresas Mais ranking, promoted by O Estado de S. Paulo newspaper. The ranking was determined based on the analysis of the financial results of over 1,500 companies in the country.
Best Agribusiness
Professional
The Confederação Fiscal Empresarial (CONFEB), one of the business schools of Febracorp University, held the first edition of the CONFEB Award, which includes the best professionals, projects, and suppliers in the tax area in Brazil. Cargill's Tax Director, Andrea Anjos, was recognized as the Best Professional of the Year in the Agribusiness category.