INTERNATIONAL

Seara and Pilgrim's boost JBS's net revenue in Q2

The indicator rose 8.9% in a 12-month period, reflecting the performance of the Company's global and multi-protein platform.

Posted on Aug 18 ,00:20

JBS closed the second quarter of 2025 with net revenue of  US$20.9 billion,  an 8.9 % increase over  the same period last year. This growth reflects the operations of Seara and Pilgrim's, demonstrating the strength of the Company's strategy of diversifying across proteins and geographies. Between April and June of this year, Seara 's adjusted EBITDA margin  (in US$), an indicator that reflects the operational performance of companies, was 18.1 %, while  Pilgrim's  was 17.2 %. In the quarter, net income increased  60.6 % year-over-year, reaching  US$528 million. Among  JBS's indicators for the period,  adjusted EBITDA  was  US$1.7 billion and the adjusted EBITDA margin was  8.4 % , reflecting the Company's plan to foster strong brands and value-added products in all markets. During the period,  75 % of global sales were in domestic markets where JBS operates, and  25 % were exported. According to Gilberto Tomazoni, Global CEO of JBS, in each of the countries where the Company operates, the focus remains on operational excellence, expanding the value-added portfolio, innovation, and building strong brands. " JBS's geographic and protein diversification strategy is a powerful tool, a competitive advantage that allows us to mitigate the natural fluctuations in protein cycles, as well as other market challenges ," he explains. In its poultry business units, such as Seara and Pilgrim's, JBS benefited  from the growing demand  for this protein and changes in consumer behavior, such as in the United States, where  the number of meals consumed per household increased. The operational performance of these units also contributed to the improvement in quarterly results. In the beef segment, with JBS Brazil, JBS Australia, and JBS Beef North America, and in the pork segment, with JBS Pork, the performance was a result of commercial dynamics. Furthermore, the strength of the brand portfolio and value-added product mix contributed to the operation. The Company closed 2Q25 with US$3 billion in cash and US$3.4 billion available in revolving credit lines. This allows JBS to service its debts until 2032. According to Guilherme Cavalcanti, CFO of JBS, JBS's financial strength allows the Company to have flexibility without losing discipline in capital allocation. " Our growth strategy through diversification and operational excellence is the right path for us to continue strengthening our position among the global food leaders ," he states. 

Demonstrating the consistency of the company's diversified platform, which operates across different proteins and geographies, Seara achieved an impressive margin of 18.1%, despite the impact of avian flu in Brazil. At the end of June, Brazil was declared free of the disease on commercial farms by the World Organization for Animal Health (WHO). As part of its strategy, the business unit has focused on advancing its commercial strategy to meet product demand in the domestic and international markets. 

Pilgrim's Pride Corporation, which serves key markets such as the United States, Mexico, and Europe, delivered solid results, with a 17.2% margin. The business unit's results reflect strong market demand, lower corn and soybean costs, and changing consumer behavior, with consumers now eating more at home than in restaurants.

JBS Australia also contributed to the positive result. The business unit reported indicators reflecting the good beef supply in the market and operational improvements at its aquaculture unit. Similarly, JBS Brazil delivered a positive performance in the second quarter of 2025. The results demonstrate that the business unit has sought to advance its commercial strategy to balance supply and demand in the domestic and international markets. Friboi continues to win over Brazilians and evolve in meeting customer needs across different consumption occasions.

Despite specific challenges in the second quarter of 2025, JBS Pork and JBS Beef North America have prospects for improvement in the coming quarters. The pork business unit demonstrated consistent results in the quarter, with profitability generated from improved commercial dynamics, solid operational execution and the expansion of the value-added portfolio.

Building on its confidence in the American market, JBS announced a series of strategic investments in the United States in the first half of this year. In May, it announced plans to allocate US$135 million to the construction of a modern sausage production plant in Perry, Iowa. This investment was in addition to the US$200 million allocated to modernize beef plants in Cactus, Texas, and Greeley, Colorado, and the US$400 million for a new prepared foods facility that Pilgrim's is building in Walker County, Georgia.

On Wednesday, the 13th, JBS also announced a US$100 million investment to acquire and expand a facility in Iowa, which will be the largest bacon and ready-to-eat sausage facility in the Company's U.S. operations. All of these projects support the expansion of JBS's prepared foods portfolio and will help meet the growing demand for these types of products from customers and consumers.

Comments

Similar articles