The two significant public-quoted protein producers based in Brazil recently published quarterly results that may be compared with Tyson Foods in the accompanying posting in this edition:-
JBS NV (JBS)
|
Parameter
|
Q2 2025
|
Q2 2024
|
|
Revenue*
|
$20,998
|
$19,284
|
|
Net Income*
|
$528
|
$329
|
|
Diluted EPS
|
$0.48
|
$0.30
|
|
Gross margin %
|
13.5
|
15.4
|
|
Operating margin %
|
5.2
|
6.0
|
|
Profit margin %
|
2.5
|
1.7
|
|
Total assets*
|
$41,816
|
$40,685
|
|
Long-term debt*
|
$18,459
|
$17,737
|
|
Market cap*
|
$33,160
|
$25,770 (Sept)
|
Pilgrim’s Pride Mainly broiler segment represented:-
22.6 % of sales ($4,755*)
41.3 % of operating income
BRF (BRFS)
|
Parameter
|
Q2 2025
|
Q2 2024
|
|
Revenue*
|
$2,744
|
$2,666
|
|
Net Income*
|
$131
|
$195
|
|
Gross margin %
|
26.6
|
26.3
|
|
Operating margin %
|
11.1
|
11.5
|
|
Profit margin %
|
4.8
|
7.3
|
|
Total assets*
|
$11,481
|
$11,192
|
|
Long-term debt*
|
$3,982
|
$4,110
|
|
Market cap*
|
$5,900
|
$7,130 (Sept)
|
-$U.S. x 1,000