EARNINGS |
PRESENTATION |
4rd Quarter / 2022 |
EARNINGS RELEASES
HIGHLIGHTS OF 2022
Consolidated Net Revenue
R$ 130.6 billion
Consolidated ADJ EBITDA
R$ 12.7 billion
Mg. ADJ EBITDA
9.8%
FINANCIAL | OPERATIONAL
North America Operation
Net Revenue: US$ 11.9 billion
ADJ EBITDA Margin : 11.1%
BRF
Net Revenue: R$ 41.6 billion
ADJ EBITDA Margin : 9.1%
Controlling interest Net Profit
R$ 4.2 billion
Operating Cash Flow
R$9.3 billion
Free Cash Flow
R$ 678 million
South America Operation
Net Revenue: R$ 27.6 billion ADJ EBITDA Margin 8.4%
Financial Leverage (ex-BRF)
In Real: 2.72x | In dollar: 2.69x
Revenue by Currency
Dollar: 75% | Real: 22% | Others: 3%
Revenue by Operation
North America South America BRF
47% | 21% | 32% |
ADJ EBITDA by Operation
North America South America BRF
52% | 18% | 30% |
EARNINGS
Dividend advance: R$ 1.1 billion in dividends (R$ 500 million in 3Q22 and R$ 600 million in 4Q22
SUSTAINABILITY
Marfrig leads the main ESG rankings
in 2022
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Números Consolidados: A partir de 1 de abril de 2022, a Marfrig, de acordo com as normas CPC 15 e CPC 36, passou a consolidar as Demonstrações Financeiras da BRF S.A. - Exceto quando indicado, as informações apresentadas serão "EX" BRF
EARNINGS RELEASES
HIGHLIGHTS OF 4Q22
Consolidated Net Revenue
R$ 37.4 billion
Consolidated ADJ EBITDA
R$ 2.2 billion
Mg. ADJ EBITDA
6,0%
FINANCIAL | OPERATIONAL
North America Operation
Net Revenue: US$ 3.1 billion
ADJ EBITDA Margin: 4.7%
BRF
Net Revenue: R$ 14.7 billion
ADJ EBITDA Margin: 6.7%
Consolidated Net Profit
R$ 3.5 billion
Net Cash Flow
R$ 936 million
South America Operation
Net Revenue: R$ 6.6 billion
ADJ EBITDA Margin: 8.0%
Financial Leverage (ex-BRF)
In Real: 2.72x | In Dollar: 2.69x
Revenue by Currency
Dollar: 70% | Real: 27% | Others: 3%
Revenue by Operation
North America South America BRF
43%18%39%
ADJ EBITDA by Operation
North America South America BRF
34%22%44%
BIOMES
JV fully dedicated to forest restoration, conservation and preservation activities
in Brazil
Marfrig "CASE" in "HARVARD"
Our sustainability actions were recognized by the Harvard Business School
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OPERATIONS
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N O R T H A M E R I C A O P E R A T I O N
OPERATIONAL AND FINANCIAL PERFORMANCE - 2022
SALES VOLUME
(Thousand tons)
+2.3%
2.051 2.098
86%87%
20212022
NET REVENUE
(US$ million)
+1.7%
11.673 11.874
88%88%
20212022
3,000
2,500
2,000
1,500
1,000
500
0
ADJ EBITDA (US$ million)
- ADJ EBITDA Margin (%)
-10.9 p.p.
22.0%
11.1%
-48.6%
2.571
1.322
2021 2022
Net Revenue
US$ 11.9
Billion
ADJ EBITDA
52 %
of the
consolidated
Exports | Domestic Market | Exports | Domestic Market | ADJEBITDA | ADJEBITDA Margin | |||||
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