Marfrig Global Foods Full Year 2024 Earnings: EPS: R$3.15 (vs R$2.10 loss in FY 2023)

Marfrig Global Foods (BVMF:MRFG3) Full Year 2024 Results

Key Financial Results

• Revenue: R$144.2b (up 9.0% from FY 2023).
• Net income: R$2.80b (up from R$1.35b loss in FY 2023).
• Profit margin: 1.9% (up from net loss in FY 2023). The move to profitability was driven by higher revenue.
• EPS: R$3.15 (up from R$2.10 loss in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Marfrig Global Foods Earnings Insights

Looking ahead, revenue is forecast to grow 4.0% p.a. on average during the next 2 years, compared to a 7.2% growth forecast for the Food industry in Brazil.

Performance of the Brazilian Food industry.

The company's shares are up 1.3% from a week ago.

Risk Analysis

It's necessary to consider the ever-present spectre of investment risk. We've identified 4 warning signs with Marfrig Global Foods (at least 2 which don't sit too well with us), and understanding them should be part of your investment process.

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