Marfrig Global Foods SA (FRA:MGP1)
€ 2.12 -0.06 (-2.75%) Market Cap: 1.91 Bil Enterprise Value: 11.21 Bil PE Ratio: 200.97 PB Ratio: 2.31 GF Score: 62/100

Q2 2022 Marfrig Global Foods SA Earnings Call Transcript

Aug 12, 2022 / 06:30PM GMT
Release Date Price: €2.5 (+3.31%)
Marcos Molina

[Interpreted]

Thank you for participating in Marfrig's earnings conference call. Let's start this conference by reviewing the main highlights of the second quarter of 2022. Marfrig's consolidated net revenues for the quarter were BRL 34 billion in accordance with technical standards, CPC 15 and CPC 36, which deal with the combination of businesses and consolidated statements. The consolidated adjusted EBITDA was BRL 4 billion or a consolidated adjusted EBITDA margin of 11.5%. The consolidated net profit reached BRL 4.3 billion.

As for operational cash flow, the result was positive BRL 1.9 billion in the quarter. Here, it is worth noting that with the consolidation of the results, we now have a more diversified company from the geographical and protein standpoint. Therefore, the North American operation now accounts for 42% of the consolidated revenue, while the South American operation represented 21% and BRF's results accounted for 37%.

When we analyze the consolidated adjusted EBITDA, the North American operation represented 47% of the total, while the South American

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