Minerva Foods Revenue Hits R$ 57.2 Billion Amid Debt Restructuring

A 29.1% surge in 12-month revenue highlights a period of robust expansion for South American beef exporter Minerva Foods. As global demand for animal protein remains steady, the company is leveraging its diversified geographic footprint to drive operational efficiency while aggressively trimming its international debt obligations.

Corp and Tech·August 13, 2026·reads: 420

Minerva Foods Revenue Hits R$ 57.2 Billion Amid Debt Restructuring

In the second quarter of 2026, the company posted net revenue of R$ 14.1 billion, a 1.3% increase over the previous year. This performance pushed the 12-month consolidated revenue to R$ 57.2 billion. Profitability also showed marked improvement, with quarterly net income reaching R$ 196.9 million, more than double the R$ 87.3 million recorded in the first quarter of the year.

Operational margins remained resilient, as EBITDA hit R$ 1.2 billion for the quarter, reflecting an 8.7% margin. Management attributed this stability to the company's ability to pivot across its varied production origins in South America and Australia. The company's net leverage ratio improved to 2.9x, down from 3.2x in the same period last year, signaling a strengthening capital structure.

Financial discipline has become a central theme for the firm throughout 2026. Minerva Foods repurchased US$ 232.9 million in international bonds during the first half of the year, bringing total bond buybacks since 2025 to approximately US$ 617.7 million. This effort to lower financing costs was bolstered by a recent US$ 600 million bond issuance for 2036, which saw demand from investors outpace the offering by 2.5 times.