JBS sees core earnings this year at up to $6.75 bln
The Brazilian meatpacker expects net revenue to reach $76.5 billion
17 September 2024
1 minute read
By: Brazilian meatpacker JBS expects its core earnings this year to reach as high as $6.75 billion on net revenue of some $76.5 billion, Reuters reported, citing the company in a securities filing on Monday.
In its filing, JBS forecasted 2024 adjusted earnings before interest, taxes, depreciation and amortization (EBITDA), a measure of core profitability, to total between $6.25 billion and $6.75 billion.
The company noted that the disclosure complies with a requirement from Brazil's securities regulator.
