Marfrig Global Foods SA
BOVESPA:MRFG3

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Marfrig Global Foods SA Logo
Marfrig Global Foods SA
BOVESPA:MRFG3
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Price: 20.7 BRL -3.77%
Market Cap: 29.8B BRL

Marfrig Global Foods SA
Investor Relations

Marfrig Global Foods SA, a stalwart in the global food industry, weaves together a fascinating story of growth and diversification rooted in the bustling world of meat processing. Founded in Brazil, a nation known for its robust agricultural and livestock sectors, Marfrig has evolved into a prominent player in the international arena. The company's primary focus lies in the beef sector, where it operates a sprawling network of production facilities across South America and beyond. By capitalizing on Brazil's abundant resources and favorable climate for cattle ranching, Marfrig leverages economies of scale to efficiently process and export beef to markets worldwide. The company ensures a steady supply chain from farm to table, engaging in all facets of meat processing, packaging, and distribution, thus capturing value at every stage of its operations.

Marfrig's business model thrives on its commitment to sustainability and innovation, which has strategically positioned it amidst the growing demand for protein-rich diets globally. With a significant presence in North America through its acquisition of National Beef Packing Company, the firm has bolstered its portfolio and market reach, catering to a diverse clientele that includes retail giants, foodservice operators, and niche markets. This expansion not only enhances Marfrig's revenue streams but also provides a buffer against the economic fluctuations of particular regions. The company's investments in advanced processing technologies and sustainable practices further underline its ambition to maintain leadership in a competitive landscape, while simultaneously addressing consumer preferences for ethically produced and high-quality beef products. Through these endeavors, Marfrig Global Foods crafts a compelling narrative of resilience and adaptability in the ever-evolving global food industry.

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Last Earnings Call
Fiscal Period
Q3 2025
Call Date
Nov 11, 2025
AI Summary
Q3 2025

Record EBITDA: MBRF delivered its highest consolidated EBITDA of 2025 at BRL 3.5 billion, with a margin of 8.4%.

Revenue Growth: Consolidated net revenue grew to BRL 41.8 billion, up 9.2% year-over-year.

Volume Increases: South America beef and BRF operations drove a 3.7% overall volume increase, with BRF reaching its highest volume ever.

Profitability: Net income for the quarter was BRL 94 million.

Synergies & Merger: BRL 1 billion in synergies mapped from the Marfrig and BRF merger, with BRL 600 million expected to be captured in 2026.

Dividends & Buybacks: BRL 3.8 billion distributed in dividends and a maximum-share buyback program announced, focused on financial discipline.

International Diversification: 75% of revenue came from international operations; processed, value-added products accounted for 40% of sales volume.

Export Markets: Strong growth in South America beef exports (especially to Asia, Europe, and the U.S.), and resilience shown in BRF despite avian flu restrictions.

Positive Cash Flow: Recurring free cash flow was positive at BRL 555 million; leverage ratio stands at 3.09x.

Outlook: Management sees stable market fundamentals ahead, strong demand for beef and poultry, ongoing efficiency gains, and significant growth opportunities for processed foods and Halal markets.

Key Financials
Net Revenue
BRL 41.8 billion
Adjusted EBITDA
BRL 3.5 billion
EBITDA Margin
8.4%
Net Income
BRL 94 million
Operating Cash Flow
BRL 3.3 billion
Recurring Free Cash Flow
BRL 555 million
Leverage Ratio
3.09x
Dividend Distribution
BRL 3.8 billion
Net Debt
BRL 41.3 billion
South America Beef Revenue
BRL 5.7 billion
South America Beef Volume
291,000 tons
South America Beef EBITDA
BRL 628 million
South America Beef EBITDA margin
11.1%
BRF Net Revenue
BRL 16.3 billion
BRF EBITDA
BRL 2.4 billion
BRF EBITDA Margin
15.5%
North America Beef Net Revenue
BRL 3.6 billion
North America Beef EBITDA
BRL 74.1 million
North America Beef EBITDA Margin
2%
Processed Food Domestic Volume Growth (2 years)
up 18%
BRF Processed Food Volume Growth (YoY)
up 7%
BRF Processed Food Volume Growth (QoQ)
up 5%
Commercial Client Base
340,000 points of sale
International Revenue Share
75%
Processed Value-Added Product Share
40% of sales volume
Earnings Call Recording
Other Earnings Calls

Management

Mr. Marcos Antonio Molina dos Santos
Chairman of the Board & Controller
No Bio Available
Mr. Rui Mendonca Jr.
CEO & Member of Board of Executive Officers
No Bio Available
Mr. Tang David
Chief Administrative, Financial & IR Officer and Member of Executive Officer
No Bio Available
Mr. Rodrigo Marçal Filho
Executive Officer, Member of Board of Executive Officers & Director
No Bio Available
Mr. Heraldo Geres
Chief Legal Officer & Member of Board of Executive Officers
No Bio Available
Marcelo Secco Arias
Chief Executive Officer of Beef International Division
No Bio Available
Mr. Paulo Pianez
Sustainability and Corporate Communications Director for South America
No Bio Available
Mr. Eduardo Pirani Puzziello
Investor Relations Director
No Bio Available
Rafael Kamnitzer Braz
Investor Relations
No Bio Available

Contacts

Address
SAO PAULO
Sao Paulo
Av. Queiroz Filho,1560, Blc 5, Sl. 301, Vila Hamburguesa
Contacts
+551137928600.0
www.marfrig.com.br