Minerva S.A. Reports Record Earnings in Q1 2025
In a remarkable financial performance, Minerva S.A., a leading South American exporter of fresh beef and its derivatives, has announced its first-quarter results for 2025, showcasing a significant surge in both revenue and profitability. The São Paulo-based company, listed on B3 S.A. - Brasil Bolsa Balcao, has captured the attention of investors and industry analysts alike with its impressive financial metrics.
Record EBITDA and Revenue Growth
For the first quarter of 2025, Minerva Foods reported an EBITDA of R$ 962.5 million, marking a record for the company in a single quarter. This figure represents a substantial 53% increase compared to the same period in 2024. The EBITDA margin stood at 8.6%, reflecting the company’s efficient operations and strategic market positioning. Over the past 12 months, Minerva’s EBITDA reached R$ 3.5 billion, with an EBITDA margin of 9.1%.
The company’s consolidated gross revenue for Q1 2025 was R$ 11.9 billion, up by 55% year-on-year. This growth is attributed to the company’s robust market presence and its ability to capitalize on increasing global demand for meat products. Adjusted EBITDA, which includes the pro forma performance of new assets over a seven-month period, totaled R$ 4.3 billion, further underscoring the company’s financial health and strategic acquisitions.
Market Leadership and Strategic Initiatives
Minerva Foods continues to solidify its position as a market leader in South America, holding a 21% share in beef exports. The company’s strategic initiatives, including a recently approved capital increase of R$ 2 billion, aim to reduce its debt and improve its leverage ratio, which currently stands at 3.7x Net Debt/Adjusted EBITDA. While this capital increase may lead to potential shareholder dilution, it is a calculated move to strengthen the company’s financial foundation.
Positive Outlook
The company also reported a positive net profit of R$ 185 million for Q1 2025, alongside a record quarterly net revenue of R$ 11.2 billion, up 56% year-on-year. These figures highlight Minerva’s ability to not only grow its top line but also enhance its profitability amidst a competitive market landscape.
As Minerva S.A. continues to expand its operations and explore new market opportunities, its financial performance in the first quarter of 2025 sets a promising tone for the year ahead. Investors and stakeholders are keenly watching as the company leverages its strategic initiatives to maintain its leadership position in the global meat industry.