A JBS He recorded a 77.6% increase in net income and reached R $ 2.9 billion in the first quarter of this year, according to data published on Tuesday (13).
Also, the company announced in its balance that the profit before interest, taxes, depreciation and amortization (EBITDA) was R $ 8.9 billion, with a 38.9% advance in the period.
The EBITDA margin also grew compared to the first quarter of last year and closed by 7.8%.
According to JBS, the numbers reflect the “second best first quarter in history with results from January to March 2025” as the company’s quarterly scenario challenges a traditionally weaker seasonality compared to other periods from April to December.
“The beginning of the year usually faces the impact of lower consumption after the holidays and, in the northern hemisphere, a winter that also cools consumption,” the company said.
JBS net revenue was R $ 114.1 billion, representing an increase of 28% compared to the same quarter of last year.
In the period, 76% of global sales were in domestic markets where the refrigeration company operates, while 24% was through exports.
According to JBS, the company benefited from the strategic increase in the value of value -added products in poultry and swine units.
Already in the beef segment, the advance of net revenue reflects the growth of volumes sold, both in the domestic markets in which it acts and in the International.
The results show that, from January to March this year, the division JBS BRAZIL It presented net revenue of R $ 18.5 billion which, compared to the same period last year, represents growth of 30%.
Similarly, adjusted EBITDA grew 19% and closed the R $ 766.1 million.
While the JBS Beef North America It presented net revenue of R $ 37.5 billion, with a growth of 36% in the first quarter compared to the same period last year.
However, the division that operates in the US and Canada had a negative adjusted EBITDA of R $ 587.2 million – which reflects the pressure of the livestock cycle, according to JBS.
I and JBS USA Pork It registered 24% growth in net revenue and closed the first quarter of this year at R $ 11.7 billion. Ebitda was $ 1.4 billion and a margin of 12.4%.
A JBS Australia It presented net revenue of R $ 9.5 billion, with a 32% growth in the first three months of the year compared to the same period of 2024. In the same comparison, adjusted EBITDA grew 53% and closed at R $ 937.2 million.
A Evening It had its best first quarter in history, with net revenue of R $ 12.6 billion, an advance of 22%.
In the same period, adjusted EBITDA reached R $ 2.5 billion and margin of 19.8%.
According to JBS, Seara’s strategy has been to invest in innovations and new trends, with the launch of snacks in partnership with Netflix, for example, and Air Fryer products.
A Pilgrim’s It also had its best first trimester in history, with net revenue of R $ 26.1 billion in the period, 21% higher compared to the first quarter of 2024.
Thus, JBS dollar leverage fell, completing the first quarter of 2025 by 1.99x. In Caixa, the company closed the first three months of the year with R $ 29.7 billion and US $ 3.4 billion available in rotating credit lines.
