Pilgrim's(PPC) - 2020 Q1 - Earnings Call Presentation

Financial Performance - Net Revenue increased to $30749 million from $27247 million, reflecting a growth [52] - Gross Profit decreased to $1771 million from $2189 million [52] - Operating Income decreased to $844 million from $1370 million [52] - Net Income decreased to $673 million from $840 million [52] - Adjusted EBITDA decreased to $1655 million from $2044 million [52] - Adjusted EBITDA Margin decreased to 54% from 75% [52] Segment Performance - US Net Revenue was $19269 million [53] - Europe Net Revenue was $8223 million [53] - Mexico Net Revenue was $3258 million [53] - US Operating Income was $851 million, with a margin of 44% [53, 54] - Europe Operating Income was $232 million, with a margin of 28% [53] - Mexico Operating Income was -$239 million, with a margin of -73% [53]