MINERVA FOODS FILES EBITDA OF BRL 713,7 MILLION AND NET PROFIT OF BRL 141 MILLION IN 3Q23
BARRETOS, Brasil, Nov. 8, 2023 /PRNewswire/ -- Minerva Foods (Minerva S.A – B3: BEEF3 | OTC – Nasdaq International: MRVSY), a leader in the export of fresh beef and its derivatives in South America, and which also operates in the processed beef segment, reports its earnings for the third quarter of 2023. The following financial and operational information is presented in BRGAAP, in Reals (BRL), according to International Financial Reporting Standards.
- The following financial and operational information is presented in BRGAAP, in Reals (BRL), according to International Financial Reporting Standards.
- EBITDA in the third quarter of 2023 totaled BRL 713,1 million and the EBITDA margin was 10,1%.
- In the last twelve months ending in September, EBITDA was BRL 2,6 billion and the EBITDA margin was 9,3%.
- Free Cash Flow in 3Q23, after Financial Expenses, Capex, and Working Capital, was BRL 608,1 million.