Brazilian food processor MBRF BMFBOVESPA:MBRF3 posted on Wednesday a net profit of 91 million reais ($17.28 million) in the fourth quarter of 2025, down 91.9% from the 1.12 billion-real income reported in the same period in 2024.
The firm's core earnings as measured by adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) came in at 3.41 billion reais, a 9.1% drop year-on-year, yet still in line with the 3.43 billion reais predicted by analysts in a LSEG poll.
Net revenue rose 4.8% year-on-year to 43.9 billion reais in the October-December quarter, above the 42.2 billion-real forecast by analysts.
MBRF was formed by beef company Marfrig's takeover of poultry and pork firm BRF last year.