Business
MINERVA FOODS REPORTS RECORD NET REVENUE OF R$13.9 BILLION IN THE SECOND QUARTER OF 2025
Minerva Foods (Minerva S.A. – B3: BEEF3 | OTC – Nasdaq International: MRVSY), a global food company and the largest beef exporter in South America, reports its earnings for the second quarter of 2025 (2Q25). The following financial and operating information is presented in BRGAAP, in Brazilian Reais (R$), in accordance with IFRS (International Financial Reporting Standards).
About this update from Minerva S.a.
[{"type":"text","content":"Earnings reached their highest historical level for a quarter, up 81.6%, compared to the same period of the previous year (2Q24)","length":128,"tagName":"p","attribs":{}},{"type":"text","content":"SÃO PAULO, Aug. 6, 2025 /PRNewswire/ -- Minerva Foods (Minerva S.A. – B3: BEEF3 | OTC – Nasdaq International: MRVSY), a global food company and the largest beef exporter in South America, reports its earnings for the second quarter of 2025 (2Q25). The following financial and operating information is presented in BRGAAP, in Brazilian Reais (R$), in accordance with IFRS (International Financial Reporting Standards).","length":417,"tagName":"p"},{"type":"text","content":"Net revenue totaled R$13.9 billion in the second quarter of 2025, a record level for a quarter, significantly up by 81.6% compared to the same period in 2024 and 24.3% quarter-over-quarter. In the last twelve months, consolidated net revenue totaled R$44.3 billion, up 57.8% compared to the same period in 2024.","length":311,"tagName":"p"},{"type":"text","content":"The net result was positive, closing the second quarter of 2025 at R$458.3 million, the best quarterly performance in the Company's history.","length":144,"tagName":"p"},{"type":"text","content":"EBITDA for the period reached R$1,302.5 million, another record for a quarter, with an EBITDA margin of 9.4%, a significant increase of 74.9% compared to the second quarter of 2024 and 35.3% compared to the previous period. In the 12-month period, adjusted EBITDA, considering the pro forma performance of new assets in the four-month period, totaled R$ 4.5 billion.","length":366,"tagName":"p"},{"type":"text","content":"Consolidated gross revenue for the second quarter of 2025 was R$14.7 billion, up by 80.2% compared to the same period in 2024 and 23.3% compared to the previous quarter, with exports accounting for 60% of the total. In the last 12 months ending in June 2025, gross revenue totaled R$ 47.1 billion, an increase of 57.5% compared to the 12 months of the previous year, with exports reaching 57%.","length":393,"tagName":"p"},{"type":"text","content":"Net leverage at the end of June, measured by the Net Debt/Adjusted EBITDA ratio, ended the quarter at 3.16x*.","length":109,"tagName":"p"},{"type":"text","content":"The integration of new assets continues to progress consistently, better than initially planned, ...