Marfrig Global Foods SA (FRA:MGP1)
€ 2.12 -0.06 (-2.75%) Market Cap: 1.91 Bil Enterprise Value: 11.23 Bil PE Ratio: 200.97 PB Ratio: 2.31 GF Score: 62/100

Q1 2021 Marfrig Global Foods SA Earnings Call Transcript

May 12, 2021 / 02:00PM GMT
Operator

Good morning, everyone, and thank you for waiting. Welcome to Marfrig Global Foods S.A. first quarter conference call.

With us here today, we have Mr. Marcos Molina, Founder and Chairman; Tim Klein, Chief Executive Officer of North America Operations; Mr. Miguel Gularte, Chief Executive Officer of South America; Mr. John Pinto, CEO of PlantPlus; Mr. Tang David, Chief Financial and Investor Relations Officer; Mr. Paulo Pianez, Sustainability and Communications Director; and Mr. Eduardo Puzziello, Investor Relations Director. This event is being recorded and will be started directly in questions-and-answer session. (Operator Instructions)

Questions & Answers

Operator

(Operator Instructions) Our first question comes from Mr. Ben Theurer with Barclays.

Benjamin M. Theurer
Barclays Bank PLC, Research Division - Head of the Mexico Equity Research & Director

Congrats on the results. My question would be regarding South America. I mean the profitability there was impacted, of course, and you mentioned gross

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