Slide 1: Results 3Q24 JBS
Results 3Q24 JBS
Slide 2: Global Leadership
G l obal Lead ersh i p Aquaculture Plant - based and prote i ns business # 3 Eur o pe a n pr o du c e r o f pl a n t - ba se d p r o t e in #2 sa lmo n pr o duc e r in Australia P r epared Foods # 1 B r a zil i a n pr o du c e r o f plant - based # 2 in pr e pa r e d foo ds in B r az il # 1 in pr e
Slide 3: Long Term Growth Strategy
1 . En h a n ce Sca le in E xisti n g C a t e go r ies a n d Geo g r a p h ies 2 . In c r eas e a n d D iv e r si fy V a lu e - Ad d e d a n d B r a n d Portfolio Lon g Ter m Growt h Strategy Pursuing additional value - enhancing growth opportunities with financial discipline Improve operational per
Slide 4: Revenue by Origin
Re v enu e b y O rig i n South A m er i c a 1% 51% Unit e d Stat e s 26% Brazil 9% Australia 7% Europe 5% Canada 3% Mexico M exic o & Cen tr al 5% America USA 49% Brazil 13% Asi a 1 3 % Afr i c a & M i d d l e E ast 4% 3 % Ca na da A u st r ali a & Ne w Zea land 3% N e t r e v e nue L TM 3 Q 2 4 ( b
Slide 5: Stability of Results
16.5 0 . 7 17.6 0 . 6 31. 1 36. 9 38. 6 42. 9 51.2 48. 9 49. 0 51. 1 49. 7 51. 7 52 . 3 65. 0 72. 6 72. 9 76. 7 2 . 1 1 . 9 2 . 2 2 . 8 4 . 7 4 . 0 3 . 3 4 . 2 4 . 0 5 . 0 5 . 6 8 . 5 6 . 7 3 . 5 6.4 2 0 08 2 0 09 2 0 10 2 0 11 2 0 12 2 0 13 2 0 14 2 0 15 2 0 16 2 0 17 2 0 18 2 0 19 2 0 20 2 0 21 2
Slide 6: Value Added: Diversified Global Brands Portfolio
Valued Added: Diversified Globa l Brands P o rtfolio 6
Slide 7: Team members
13 K T e a m m e m b e r s i n A u s t r a l i a a n d N e w Z e a l a n d 155 K T e am m e m b e rs i n Br a z i l 12 K T e a m m e m b e r s i n M e x i c o 19 K T e a m m e m b e r s i n E u r o pe 72 K T e am m e m b e rs i n t he U S A a n d C a n ad a La rgest Em p l o ye r in B r azi l : 155,
Slide 8: Investments
Investments Brazil: JBS Novos Negócios • Investment of R$ 70 million in Zempack with an increase in metal packaging production capacity. • Creation of the world's first Innovation and Development Center for collagen, in partnership with Ital, focused on development, innovation, and creations for foo
Slide 9: Sustainability
Sustainability • In two years, 1.2 million tons of beef tallow and pork fat directed towards the production of Sustainable Aviation Fuel (SAF). 9 G reen O ff ice s V irtu a l: A new virtual service channel to strengthen partnership relationships with producers and enable access for others seeking en
Slide 10: Beyond Borders
Be y ond B o rders Through the Beyond Borders program, the Company offers its team members the opportunity to internationalize their professional careers by changing roles or extending their knowledge to another country, strengthening JBS's organizational culture worldwide. I n s ti t uto J&F Over 9
Slide 11: Financial & Operating
Fina n cial & Operating 11
Slide 12: 3Q24 Consolidated Results
Ne t R esult ( R $ m i ll i on) 3Q24 Con s olida ted R e sults A d ju s t ed E B I TDA ( R $ m i ll i on) Ne t R e v e n u e ( R $ m i ll i o n ) Gross Pro f i t ( R $ m i ll i on) 5, 4 09 11,940 5. 9 % 1 0 .8 % 3Q 23 3Q 24 Ad just e d EB I T D A Ma r g i n 91,409 1 1 0, 4 98 3Q 23 3Q 24 11,053 18,1
Slide 13: 3Q24 Consolidated Results: Cash Flow and CAPEX
Ope r ati n g C ash F l ow ( R $ m i ll i on) Fr e e Cas h F l ow ( R $ m i ll i on) 3Q24 Consolida ted Re s ults CAPEX ( R $ m i ll i o n ) 60 % - M a i n t e n a nce 40 % - E xp an s i on 5 2 % - M a i n t e n a nce 4 8 % - Ex p a n s i on 6, 3 12 10,264 3Q 23 3Q 24 2, 9 39 5,514 3Q 23 3Q 24 1, 8
Slide 14: Debt Profile
5,238 1,858 8 22 1,003 989 707 1,379 1 , 41 3 2, 910 2,600 2,301 745 2, 413 884 261 812 19 177 80 2, 91 4 2,914 4,686 450 450 C a s h a n d E q u i v a l e n t s C R A Se a r a Net R e s o u r c e s Dividends P r of o r ma Cash S h o r t Te r m 2 0 25 2 0 26 2 0 27 2 0 28 2 0 29 2 0 30 2 0 31 2 0 32
Slide 15: Net Debt / Leverage / Interest Coverage
N et Debt / Lever a g e / Intere s t Cover a g e Sho r t Te r m and L ong Te r m Sou r c e Breakd o w n Curr e ncy and C ost Breakd o w n B o n ds 84.0% Ba n ks 9.0% CRA 7.0% USD¹ 8 9 .0% 5. 1 % p .a. BRL 1 1 .0% 10. 5 % p . a. Deb t Profi l e 16,053 15,297 15,866 14,759 13,721 4. 0 0 x 4. 9 5 x 6.
Slide 16: Seara 3Q24
Sea r a Prod u cts Se a ra N e t Re v e n ue (R$ m i ll i o n ) A dju s t e d EBITDA (R$ m i ll i on and % ) 3Q24 10,208 12,166 3Q 23 3Q 24 2,558 5. 5 % 566 2 1 .0 % 3Q 23 3Q 24 16
Slide 17: JBS Brasil 3Q24
JBS BRA S IL Prod u cts J B S Br a sil N e t Re v e n ue (R$ m i ll i o n ) A dju s t e d EBITDA (R$ - m i ll i on and % ) 3Q24 2,094 3.4% 484 1 1 .6 % 3Q 23 3Q 24 18,058 14,441 3Q 23 3Q 24 17
Slide 18: JBS Beef North America 3Q24
JBS BEE F N ORTH A MERICA Pro du cts J B S Beef North America N e t Re v e n ue ( U S G A A P - U S D m i ll i o n ) Adjusted EBITDA ( U S G A A P - U S D m i ll i o n a n d %) 3Q24 93 37 1. 6 % 0. 6 % 3Q 23 3Q 24 5, 9 53 18 6, 3 13 3Q 23 3Q 24
Slide 19: JBS Australia 3Q24
JBS A USTR A LIA Prod u cts J B S A u stralia N e t Re v e n ue ( U S G A A P - U S D m i ll i o n ) Adjusted EBITDA ( U S G A A P - U S D m i ll i o n a n d %) 3Q24 104 144 6. 6 % 8. 1 % 3Q 23 3 Q 24 1, 5 75 19 1, 7 85 3Q 23 3Q 24
Slide 20: JBS USA Pork 3Q24
JBS U S A PORK Pro du cts J B S USA Pork N e t Re v e n ue ( U S G A A P - U S D m i ll i o n ) Adjusted EBITDA ( U S G A A P - U S D m i ll i o n a n d %) 3Q24 2, 0 27 2, 0 43 3Q 23 3Q 24 190 210 9. 4 % 1 0 .3 % 3Q 23 3Q 24 20
Slide 21: PPC 3Q24
PPC Prod u cts Pil g rim’s Pride N e t Re v e n ue ( U S G A A P - U S D m i ll i o n ) Adjusted EBITDA ( U S G A A P - U S D m i ll i o n a n d %) 3Q24 324 660 7. 4 % 1 4 .4 % 3Q 23 3Q 24 4, 3 60 4, 5 85 3Q 23 3Q 24 21
Slide 22: Export destinations of JBS during 3Q24
No t a 1: C o n s i d e ra C h i n a e H o n g K o n g E x po r t desti n ation s o f J BS during 3 Q 2 4 Consolida ted exports E x port s Revenu e in 3Q24: US$5 . 3Bi +8 . 9 % vs . 3 Q 23 A s i a corresp o nded t o ~ 51 % o f to t a l export s 22 23.0% Greater China¹ 16.6% USA 13.1% Africa & Middle
Slide 23: JBS Bringing more to the table
JBS Bringing more to the table