MINERVA FOODS FILES FREE CASH FLOW OF R$ 990 MILLION IN THE FOURTH QUARTER OF 2024
Minerva Foods (MRVSY) reported strong financial results for Q4 2024, with free cash flow of R$ 990 million and a record quarterly EBITDA of R$ 943.7 million. The company achieved an EBITDA margin of 8.8%, marking a 56% increase from Q4 2023.
Consolidated gross revenue reached R$ 11.4 billion in Q4 2024, up 76% year-over-year, with exports representing 53%. For the full year 2024, gross revenue totaled R$ 36.3 billion, a 27% increase from 2023. The United States (33%) and China (20%) were key export markets.
The company expanded its operations by acquiring ten facilities across South America, now operating 46 industrial units with a daily processing capacity of 41,789 cattle and 25,716 sheep. Net leverage stood at 3.7x following this acquisition. Additionally, Minerva completed a buyback of US$ 69 million in 2031 Bonds.
Minerva Foods (MRVSY) ha riportato risultati finanziari solidi per il quarto trimestre 2024, con un flusso di cassa libero di R$ 990 milioni e un EBITDA trimestrale record di R$ 943,7 milioni. L'azienda ha raggiunto un margine EBITDA dell'8,8%, segnando un aumento del 56% rispetto al quarto trimestre 2023.
Il fatturato lordo consolidato ha raggiunto R$ 11,4 miliardi nel quarto trimestre 2024, in aumento del 76% rispetto all'anno precedente, con le esportazioni che rappresentano il 53%. Per l'intero anno 2024, il fatturato lordo ha totalizzato R$ 36,3 miliardi, un aumento del 27% rispetto al 2023. Gli Stati Uniti (33%) e la Cina (20%) sono stati mercati chiave per le esportazioni.
L'azienda ha ampliato le sue operazioni acquisendo dieci impianti in Sud America, ora operando 46 unità industriali con una capacità di lavorazione giornaliera di 41.789 bovini e 25.716 ovini. Il rapporto di indebitamento netto si è attestato a 3,7x dopo questa acquisizione. Inoltre, Minerva ha completato un riacquisto di obbligazioni per un valore di 69 milioni di dollari USA nel 2031.
Minerva Foods (MRVSY) reportó resultados financieros sólidos para el cuarto trimestre de 2024, con un flujo de caja libre de R$ 990 millones y un EBITDA trimestral récord de R$ 943,7 millones. La compañía alcanzó un margen EBITDA del 8,8%, marcando un aumento del 56% en comparación con el cuarto trimestre de 2023.
Los ingresos brutos consolidados alcanzaron R$ 11,4 mil millones en el cuarto trimestre de 2024, un incremento del 76% interanual, con las exportaciones representando el 53%. Para todo el año 2024, los ingresos brutos totalizaron R$ 36,3 mil millones, un aumento del 27% respecto a 2023. Estados Unidos (33%) y China (20%) fueron mercados clave de exportación.
La empresa amplió sus operaciones al adquirir diez instalaciones en América del Sur, ahora operando 46 unidades industriales con una capacidad de procesamiento diaria de 41.789 ganado y 25.716 ovejas. La deuda neta se situó en 3,7x tras esta adquisición. Además, Minerva completó una recompra de bonos por un valor de 69 millones de dólares en bonos de 2031.
미네르바 푸드 (MRVSY)는 2024년 4분기 강력한 재무 실적을 보고했으며, 자유 현금 흐름은 R$ 990백만, 분기 EBITDA는 R$ 943.7백만으로 기록을 세웠습니다. 회사는 8.8%의 EBITDA 마진을 달성했으며, 이는 2023년 4분기 대비 56% 증가한 수치입니다.
2024년 4분기 통합 총 수익은 R$ 11.4억에 달하며, 이는 전년 대비 76% 증가하였고, 수출이 53%를 차지했습니다. 2024년 전체 연간 총 수익은 R$ 36.3억으로 2023년 대비 27% 증가했습니다. 미국(33%)과 중국(20%)은 주요 수출 시장이었습니다.
회사는 남미 전역에서 10개의 시설을 인수하여 운영을 확장했으며, 현재 46개의 산업 유닛에서 하루 41,789마리의 소와 25,716마리의 양을 가공할 수 있는 능력을 갖추고 있습니다. 이 인수 이후 순 레버리지는 3.7배로 나타났습니다. 또한, 미네르바는 2031년 채권에 대해 6,900만 달러 규모의 자사주 매입을 완료했습니다.
Minerva Foods (MRVSY) a annoncé de solides résultats financiers pour le quatrième trimestre 2024, avec un flux de trésorerie disponible de R$ 990 millions et un EBITDA trimestriel record de R$ 943,7 millions. L'entreprise a atteint une marge EBITDA de 8,8 %, marquant une augmentation de 56 % par rapport au quatrième trimestre 2023.
Le chiffre d'affaires brut consolidé a atteint R$ 11,4 milliards au quatrième trimestre 2024, en hausse de 76 % d'une année sur l'autre, les exportations représentant 53 %. Pour l'année entière 2024, le chiffre d'affaires brut a totalisé R$ 36,3 milliards, soit une augmentation de 27 % par rapport à 2023. Les États-Unis (33 %) et la Chine (20 %) étaient des marchés d'exportation clés.
L'entreprise a élargi ses opérations en acquérant dix installations en Amérique du Sud, opérant désormais 46 unités industrielles avec une capacité de traitement quotidienne de 41 789 bovins et 25 716 moutons. L'endettement net s'élevait à 3,7x après cette acquisition. De plus, Minerva a complété un rachat d'obligations de 69 millions de dollars dans des obligations de 2031.
Minerva Foods (MRVSY) hat für das vierte Quartal 2024 starke finanzielle Ergebnisse gemeldet, mit einem freien Cashflow von R$ 990 Millionen und einem Rekord-EBITDA von R$ 943,7 Millionen im Quartal. Das Unternehmen erreichte eine EBITDA-Marge von 8,8%, was einem Anstieg von 56% im Vergleich zum vierten Quartal 2023 entspricht.
Der konsolidierte Bruttoumsatz belief sich im vierten Quartal 2024 auf R$ 11,4 Milliarden, was einem Anstieg von 76% im Jahresvergleich entspricht, wobei Exporte 53% ausmachten. Für das gesamte Jahr 2024 betrug der Bruttoumsatz R$ 36,3 Milliarden, was einem Anstieg von 27% im Vergleich zu 2023 entspricht. Die Vereinigten Staaten (33%) und China (20%) waren wichtige Exportmärkte.
Das Unternehmen erweiterte seine Aktivitäten durch den Erwerb von zehn Anlagen in Südamerika und betreibt nun 46 Industrieeinheiten mit einer täglichen Verarbeitungskapazität von 41.789 Rindern und 25.716 Schafen. Die Nettoverschuldung lag nach dieser Akquisition bei 3,7x. Darüber hinaus schloss Minerva einen Rückkauf von Anleihen im Wert von 69 Millionen US-Dollar bei 2031-Anleihen ab.
- Record quarterly EBITDA of R$ 943.7 million in Q4 2024, up 56% YoY
- Strong free cash flow of R$ 990 million in Q4 2024, totaling R$ 2.4 billion for 2024
- Gross revenue increased 76% YoY to R$ 11.4 billion in Q4 2024
- Significant operational expansion with acquisition of 10 new facilities
- Leading 20% market share in South American beef exports
- Net leverage increased to 3.7x following acquisition of Marfrig's assets
In 2024, free cash flow totals
The free cash flow for the fourth quarter of 2024, after Financial Expenses, Capex, and Working Capital, was
The EBITDA for the fourth quarter of 2024 was
Consolidated gross revenue for the fourth quarter of 2024 was
It is worth noting that
Net revenue totaled
Net leverage at the end of December, measured through the Net Debt/Adjusted EBITDA indicator for the last 12 months, ended the quarter at 3.7x, after the disbursement related to the acquisition of Marfrig's assets in
At the end of October, the Company completed the acquisition of ten industrial and commercial facilities located in
At the end of 2024, Minerva Foods completed the buyback of a portion of 2031 Bonds, totaling
*Based on the closing price BEEF3 on 03/11/2025.
About Minerva Foods
Minerva Foods is a leader in beef exports in
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SOURCE Minerva Foods
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