#Brazil #São Paulo #EBITDA #Minerva Foods #South America

Minerva Foods Achieves Record Financial Results in Q1 2025

Minerva Foods, proudly recognized as the premier exporter of fresh beef and its derivatives in South America, has just released its remarkable financial performance for the first quarter of 2025. The results reflect an extraordinary growth trajectory and are a testament to the company's operational excellence and market leadership.

In Q1 2025, Minerva Foods reported an EBITDA of R$ 962.5 million, marking a record for the quarter. This figure represents a significant year-on-year increase of 53% compared to the first quarter of the previous year. Additionally, the EBITDA margin stood at 8.6%, showcasing improved profitability amidst growing revenues. Over the past twelve months, the company's total EBITDA reached R$ 3.5 billion, with a robust EBITDA margin of 9.1%, solidifying its financial stability.

A closer look reveals that consolidated gross revenue for the quarter soared to R$ 11.9 billion, up an impressive 55% year-on-year. Notably, 56% of this revenue stemmed from exports, reflecting Minerva's strong foothold in the international market. Over the last year, gross revenue accumulated to R$ 40.6 billion, driven by a 37% increase from the same period the year before, reinforcing Minerva's leading position in beef exports with a market share of approximately 21% in South America.

The company’s net revenue in Q1 2025 also reached a landmark figure of R$ 11.2 billion, representing a substantial growth of 56% compared to Q1 2024. This achievement highlights Minerva's capacity to effectively navigate market challenges and capitalize on opportunities. The net result for the quarter was a gratifying R$ 185 million, making it a significant contributor to the company’s financial ecosystem.

In terms of financial health, Minerva reported a stable net leverage ratio, measured by the Net Debt/Adjusted EBITDA at 3.7x by the end of March. Furthermore, a pivotal capital increase of up to R$ 2 billion was approved during the Extraordinary General Meeting on April 29, aimed at reducing debt levels, thus demonstrating the company’s commitment to enhancing shareholder value and operational sustainability.

Sustainability Efforts

Minerva Foods is not just focused on financial growth; it emphasizes sustainability as a core value. For the fifth consecutive year, the company has been included in the Carbon Efficient Index and the Corporate Sustainability Index by B3, the Brazilian Stock Exchange. Their commitment to animal welfare has also been recognized, as they improved their tier ranking in the Business Benchmark on Farm Animal Welfare, becoming the top company in Latin America for animal welfare practices in the beef protein sector.

About Minerva Foods

With over 30,000 employees and operations across Brazil, Paraguay, Argentina, Uruguay, and Colombia, Minerva Foods stands as the largest beef exporter in South America. The company also operates lamb processing plants in Australia and Chile, reinforcing its presence on five continents. Minerva Foods continues to expand with 46 industrial units, 17 international offices, and 23 distribution centers, driven by its mission to provide high-quality beef and lamb products globally.

In summary, Minerva Foods' financial results for Q1 2025 reflect its robust market position and operational strategies. As the company forges ahead, its focus on sustainable practices and commitment to excellence will undoubtedly continue to shape its legacy in the global food industry.