By Brasil Stock Guide – JBS SA reported second-quarter 2025 net revenue of $20.9 billion, up 8.9% from a year earlier, driven by strong performances from its Seara and Pilgrim’s Pride units. The results, disclosed by the company in a statement on Wednesday (13), reflect its strategy of geographic and protein diversification, with poultry operations benefiting from higher demand and changing consumer habits.
Between April and June, Seara posted an adjusted Ebitda margin of 18.1%, while Pilgrim’s delivered 17.2%. The company’s consolidated adjusted Ebitda reached $1.7 billion, with an 8.4% margin, underscoring its focus on building strong brands and value-added products across markets. Domestic sales accounted for 75% of global revenue, with the remainder coming from exports.
“Our geographic and protein diversification strategy is a powerful tool, a competitive advantage that allows us to mitigate the natural cycles of protein markets and other challenges,” said global CEO Gilberto Tomazoni.
Net income surged 60.6% year-over-year to $528 million. In poultry, JBS benefited from robust demand in key markets and a shift in U.S. consumer behavior toward more at-home meals. Operational execution in Seara and Pilgrim’s also supported the quarterly gains.
In beef and pork, performance reflected commercial dynamics and the strength of its brand portfolio. JBS Brazil, JBS Australia, and JBS Beef North America all contributed positively, while JBS Pork maintained steady profitability despite headwinds.
The company reduced its leverage ratio from 2.77x to 2.27x over 12 months, ending the quarter with $3 billion in cash and $3.4 billion in available credit lines, enough to cover debt maturities through 2032. “Our growth strategy through diversification and operational excellence is the right path to strengthen our position among global food leaders,” said CFO Guilherme Cavalcanti.
JBS also announced a series of U.S. investments in the first half of 2025, including $135 million for a new sausage plant in Perry, Iowa, $200 million to modernize beef plants in Texas and Colorado, and $400 million for a new prepared foods facility in Georgia. On Wednesday, the company unveiled an additional $100 million investment to acquire and expand an Iowa unit, which will become its largest bacon and ready-to-eat sausage facility in the U.S.
Leave a Reply