Business

Tyson Foods forecasts profit growth of 10 percent

The largest US meat processor said profit will rise 10 percent in fiscal 2014 and 2015 after remaining unchanged in 2012. Revenue will grow 3 to 4 percent annually in the next three years as sales of processed items gain as much as 8 percent and non-US revenue expands as much as 16 percent, Tyson said. Revenue in fiscal 2012, ended Sept. 29, rose 3.1 percent to $33.3 billion.

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