Minerva Foods Reports Record Net Revenue of R$ 57.2 Billion

São Paulo – Minerva Foods, a major South American meat producer, has reported a record net revenue of R$ 57.2 billion (approximately €10.5 billion) for the last 12 months. This figure signifies substantial growth and reinforces the company's market standing.

The company's earnings before interest, taxes, depreciation, and amortization (EBITDA) for the second quarter amounted to R$ 1.2 billion, achieving an 8.7% margin. Over the trailing 12-month period, EBITDA totaled R$ 4.9 billion, marking a 22.1% increase year-over-year, with an overall EBITDA margin of 8.6%.

These financial results were achieved amidst a challenging global market environment. Minerva Foods has successfully increased its sales and improved profitability through strategic initiatives, including expansion into new territories and the optimization of its production processes.

Minerva Foods is recognized as one of the world's largest beef exporters, with operations spanning several South American countries. The company emphasizes the adoption of sustainable production practices and supply chain responsibility.