Q3 2024 Minerva SA Earnings Call (English, Portuguese) Transcript

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Nov 07, 2024

Nov 07, 2024 / 12:00PM GMT
Ana Deac - Arcvia Minerva SA - Chairman - Management

Good morning everyone. And thank you for joining us on Minerva Foods earnings conference call for the third quarter. 2024 Minerva has concluded the first nine months of the year, delivering robust operating and financial results thereby reaffirming the consistency and discipline of our business strategy.

Once again, the company has demonstrated that geographic diversification is a key pillar of the operational and commercial execution of our business model. Reducing risks maximizing our arbitrary capacity and strengthening our corporate strategy as the largest beef exporter in South America in Q3, 2024 our gross revenue totaled around EUR9 billion with our record, Ebida reaching BRL813 million in an ebita margin of 9.6% in the last 12 months. Gross revenue has reached approximately 31.4 billion with an EBITA of 2.8 billion free cash generation. A priority for the company continues to be a highlight having reached 667 million in the quarter. Adding up to 1.6 billion last 12 months.

Q3, 2024 our sound cash generation performance

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