BRF publishes a higher Q4 profit, record annual result

February 28, 2025

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The world's largest chicken exporter, Brazil's BRF, achieved a net profit of the fourth quarter of 868 million Reais ($ 149.33 million) on Wednesday, an increase of 15% compared to the same period last year, which was driven to strong sales in Brazil and abroad.

The annual profit was 3.7 billion reais by 297.5%, while a result before interest, taxes, depreciation and amortization (EBITDA) for 2024 rose by 155% to 10.5 billion reais – both mark historical records.

“We ended the year with a record result with a solid financial position and, above all, the prospects for 2025 great,” said CEO Miguel Gulte. “Our business is at an excellent moment and the company is ready to use the opportunities that arise.”

On Tuesday, a meat lobby said that the Brazilian chicken export forecasts would probably be revised this year, since numerous outbreaks of Ovian Influenza would reduce the offer for competing exports and import nations.

Brazil never had a Vogel -Influenza case on a commercial farm that could cause animals to be eliminated and impose bans on the markets. However, the country dealt with a outbreak of Newcastle disease, which caused respiratory problems in birds last year.

BRF's EBITDA reached 2.8 billion Reais in the fourth quarter, an increase of 47% compared to the previous year, when the company processed the chicken and pork, the pressure of higher corn prices, the management said.

In 2024, the company received 84 new export permits and has accumulated a total of 175 since 2022.

On the international market, BRF recorded recognition of recognition “primarily through its market diversification strategy and an increasing proportion of processed products in its portfolio,” said the company in a statement.

BRF has achieved a good performance in the golf region and in Turkey, where the company has retained leading market shares of 37.5% or 26%.

On the domestic market, sales volumes in relation to the demand for processed food rose significantly, BRF said, citing improvements in the local labor market as sales.