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Tyson Foods Net profit rose 50% for the year

The net profit of a major American manufacturer of meat products in the Tyson Foods 2015 / 16 fiscal year (ended in September 2016 years) increased by 50% and amounted to $ 1,8 billion, the company said.

Revenue for the period fell to 10% - up to $ 36,9 billion, according to RNS.

Tyson Foods today also announced the change of CEO. Instead Donnie Smith takes the position of acting president Tom Hayes.

Tyson Foods - one of the largest meat-processing holdings in the United States. The company was founded in the year 1935. Tyson Foods capitalization is $ 25 billion.

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