MINERVA FOODS RECORDS CONSOLIDATED GROSS REVENUE OF BRL 7.7 BILLION IN THE FIRST QUARTER OF 2024
MINERVA SA S/ADR (MRVSY)
NASDAQ:AMEX Investor Relations:
ir.minerva.ind.br
Company Research
Source: PR Newswire
EBITDA reached BRL 628.9 million and free cash flow was BRL 367 million in the periodSÃO PAULO, May 9, 2024 /PRNewswire/ -- Minerva Foods (Minerva S.A. – B3: BEEF3 | OTC – Nasdaq International: MRVSY), the leading exporter of fresh beef and its derivatives in South America, which also operates in the processed meat segment, presents its financial results for the first quarter of 2024 (1Q24) to the market.Free Cash Flow for 1Q24 totaled BRL 367 million. Over the last 12 months up to March 31, recurring free cash flow totaled BRL 1.3 billion, resulting in a free cash flow yield (annualized) of 35%*. After Financial Expenses, Capex, Working Capital, and disregarding expenses related to the acquisition of ALC (Australia Lamb Company) and BPU Meat (Uruguay), the index totaled BRL 1.5 billion. Since 2018, the company has accumulated BRL 6.9 billion in free cash generation.Consolidated Gross Revenue in 1Q24 reached BRL 7.7 billion, with exports accounting for 58% of this amount. In the perio
Show less
Read more
Impact Snapshot
Event Time:
MRVSY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
MRVSY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
MRVSY alerts
High impacting MINERVA SA S/ADR news events
Weekly update
A roundup of the hottest topics
MRVSY
News
- MINERVA FOODS RECORDS CONSOLIDATED GROSS REVENUE OF BRL 7.7 BILLION IN THE FIRST QUARTER OF 2024 [Yahoo! Finance]Yahoo! Finance
- MINERVA FOODS RECORDS CONSOLIDATED GROSS REVENUE OF BRL 7.7 BILLION IN THE FIRST QUARTER OF 2024PR Newswire
- China's Weak Beef Market Poses Risks for Chief Supplier Brazil [Yahoo! Finance]Yahoo! Finance
- China's Weak Beef Market Poses Risks for Chief Supplier Brazil [BNN Bloomberg (Canada)]BNN Bloomberg
- MINERVA FOODS RECORDS EBITDA OF R$ 2,6 BILLION IN 2023 [Yahoo! Finance]Yahoo! Finance