Minerva Foods Reports Solid Growth in 2023

Robust Earnings and Revenue Drive Success

Minerva Foods, a leading Brazilian beef producer, has announced strong performance for 2023, with EBITDA reaching R$7.446 billion and net revenue amounting to R$77 billion.

Key Financial Highlights

The company's EBITDA saw a significant increase last year. Minerva Foods also reported strong free cash flow of R$1 billion. Additionally, in the twelve months leading up to March 31, the company's gross revenue totaled R$295 billion.