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BRF(BRFS) - 2024 Q4 - Earnings Call Presentation
2025-02-27 18:51
Financial Performance - Net Revenue reached R$61379 million in 2024, a 14% increase compared to R$53615 million in 2023[10] - Adjusted EBITDA reached R$10508 million in 2024, a 123% increase compared to R$4721 million in 2023[10] - Free Cash Flow reached R$6524 million in 2024, compared to a negative R$1869 million in 2023[10] - Net Income was R$3692 million in 2024, a significant improvement from a loss of R$1105 million in 2023[10] Leverage and Indebtedness - Leverage (Net Debt / LTM Adjusted EBITDA) decreased to 079x in 4Q24 from 201x in 2023[9, 10] - Net Debt decreased from R$9475 million in 4Q23 to R$8325 million in 4Q24[57] Segment Performance - Brazil segment saw substantial volume growth focused on Processed products, resulting in market share gains, with Adjusted EBITDA Margin increasing to 155% in 2024 from 114% in 2023[15, 16] - International segment achieved record profitability, with Adjusted EBITDA reaching R$5706 million and Adjusted EBITDA Margin at 202% in 2024[31, 32] Efficiency and Strategy - BRF+ 20 efficiency program captured additional savings of R$15 billion in 2024[65] - The company achieved 100% monitoring of grain suppliers, ahead of schedule[51]