27 February 2023

Minerva Foods, a leader in the export of fresh beef and cattle by-products including rawhides and wet-blue has released its 2022 financial results, reports ILM.


Consolidated gross revenue for the year was R$32.9 billion (US$6.4 billion), up by 15% year on year, with exports reaching approximately 70% of revenue, reinforcing Minerva Foods leadership in beef exports across South America with a market share of approximately 20%. The company is headquartered in Brazil.

EBITDA, in turn, was R$2.8 billion (US$540 million) in 2022, up by 17.6% year on year, with an EBITDA margin of 9.2%. Adjusted EBITDA, covering the performance of the Australian Lamb Company (ALC) acquisition at the end of the year, totalled R$3.1 billion (US$600 million).

Another highlight was net income, which totalled R$655 million (US$127 million) in the year, up by approximately 10% on 2021.
In the past five years, Minerva Foods generated a significant R$5 billion (US$970 million) in free cash flow.

Minerva Foods is a leading beef exporter in South America and operates in the processed segment, selling its products to more than 100 countries. In addition to Brazil, Minerva Foods is present in Paraguay, Argentina, Uruguay, and Colombia, and has plants specialising in lamb in Australia, totalling more than 20,000 employees. The company serves five continents with beef, lamb, and their derivatives, and currently operates 32 industrial units, 12 international offices, and 14 distribution centres.

關於亞太區皮革展 ​

我們為皮革、物料及時裝業界創造面對面洽談的機會,爲客戶締造實質商機。我們雲集世界各地的商家,讓他們尋找新的合作伙伴,發掘潛在客戶或供應商,並掌握業界最新發展。

 

我們主辦多個專注時尚及生活潮流的商貿展覽會, 為這不斷變化的行業,提供最全面的買家及參展商服務,方便他們了解急速轉變的行業環境,並預測來季趨勢。

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