MINERVA FOODS FILES FREE CASH FLOW OF R$ 990 MILLION IN THE FOURTH QUARTER OF 2024

In 2024, free cash flow totals R$ 2.4 billion, which means a free cash flow yield (annualized) of approximately 85% p.a. The company has accumulated around R$ 9 billion in free cash generation since 2018.

SAO PAULO, March 19, 2025 /PRNewswire/ -- Minerva Foods (Minerva S.A., B3: BEEF3 | OTC, Nasdaq International: MRVSY), a leader in the export of fresh beef and its derivatives in South America, which also operates in the processed products segment, presents its results for the fourth quarter of 2024 (4Q24) to the market. The financial and operational information is presented in BRGAAP, in Reais (R$), in accordance with International Financial Reporting Standards (IFRS).

The free cash flow for the fourth quarter of 2024, after Financial Expenses, Capex, and Working Capital, was R$ 990 million. In 2024, total free cash flow amounted to R$ 2.4 billion, representing an annualized free cash flow yield of approximately 85% per year.* Since 2018, the Company has accumulated around R$ 9 billion in free cash flow generation.

The EBITDA for the fourth quarter of 2024 was R$ 943.7 million, a record for a single quarter, with an ...