NEW YORK--(BUSINESS WIRE)--The outlook for the protein sector in Brazil is stable for 2015, according to Fitch Ratings. Fitch expects large players to take full advantage of low grain and cost production and of growing demand in export markets, notably the Middle East and China. Organic growth and bolt-on acquisitions outside Brazil are likely to beef-up revenue growth and profitability.

Fitch expects smaller companies in Brazil, with no export capacity, to struggle due to the sluggish consumer demand that will limit room for further price increase, pressure cash flow generation due to working capitals needs as a result of high cattle prices.

The full report '2015 Outlook: Latin America Protein - Export-driven' is available at 'www.fitchratings.com'.

Additional information is available at 'www.fitchratings.com'.

Applicable Criteria and Related Research: 2015 Outlook: Latin America Proteins

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