Minerva Foods Posts Record Consolidated Gross Revenue and EBITDA in the First Quarter of 2022
Minerva Foods, the South American leader in the export of fresh beef and cattle byproducts, which also operates in the processed foods segment, announces to the market the financial results for the first quarter of 2022 (1Q22).
The Company's consolidated gross revenue totaled R$7.6 billion in 1Q22, up by 25% over 1Q21. In the 12 months ended March 2022 (LTM1Q22), consolidated gross revenue reached R$30.1 billion, a 35% increase over LTM1Q21.
In 1Q22, exports accounted for 70% of Minerva Foods' gross...
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