Os impactos da variação cambial no resultado das empresas avícolas e as ferramentas de Hedge para minimizá-los

Abstract

This study aimed to determine the exchange rate and the effects on income of poultry companies. This was a multi case study of three companies in Brazil in 2015. The exchange rate was obtained from the data of the balance of each company and then the results were compared between the companies analyzed in order to obtain information from the impact of currency fluctuations. It was observed that between the method of cash basis and accrual basis, the difference in the outcome was significant. Thus it is necessary to remain careful financial variables for companies not to lose significant amounts in income. as follows: for Company A, for every R$ 1.00 of profit was R$ 0.59 exchange rate passive, ie 2.30% of net revenue; to company B, for every R$ 1.00 of profit was R$ 0.90 exchange rate variance representing 2.97% of net revenue; and Company C, for every R$ 1.00 of profit was R$ 1.04 of active exchange rate, ie the operating activity was negative. Thus it is necessary to remain careful financial variables for companies not to lose significant amounts in income.