BRF SA, a Brazilian poultry and meat producer, reported Q2 earnings of $130.7 million, with profit of 8 cents per share. Revenue was $2.71 billion. The company's shares closed at $3.64, down from $4.32 a year ago.
Brazil's leading poultry and meat producer, BRF S.A. (BRFS), has released its second-quarter (Q2) financial results, demonstrating resilience despite the challenges posed by a bird flu outbreak and subsequent trade bans. The company reported earnings of 735 million reais ($136 million), with a profit of 8 cents per share, and revenue of 15.36 billion reais ($2.71 billion) [1].
The company's operating income, measured by EBITDA, was 2.5 billion reais, in line with analysts' forecasts. Sales volume grew by 2.9% year-over-year, driven by strong domestic demand, particularly for processed foods. In its home market, BRF's EBITDA reached 1.3 billion reais, with margins at a healthy 16.4% [1].
Internationally, BRF was able to maintain competitive pricing levels and recorded an adjusted EBITDA of 1.2 billion reais for the business, with a margin of 17.3%. The company obtained 11 new export authorizations, highlighting key markets such as Argentina and Canada [1].
The bird flu outbreak in May led to a 15% drop in Brazilian poultry exports and a 5% decline in BRF's own poultry exports. However, the company successfully redirected some products to the domestic market and found alternative destinations for certain cuts. Saudi Arabia has resumed buying from Brazil, and Chile has agreed to resume imports of Brazilian poultry products produced after August 9 [2].
Despite the setbacks, BRF has reported the best half-year in its history, with EBITDA of 5.3 billion reais and net profit of 1.9 billion reais between January and June. The company's stock closed at $3.64, down from $4.32 a year ago [3].
References:
[1] https://www.thepoultrysite.com/news/2025/08/brf-posts-q2-profit-despite-bird-flu-export-bans
[2] https://ca.finance.yahoo.com/news/saudi-arabia-chile-resume-poultry-002718225.html
[3] https://stockanalysis.com/stocks/brfs/
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