Marfrig Global Foods S.A. (MRRTY) Q4 2024 Earnings Call Transcript

2025-02-28 18:45:16 ET

Marfrig Global Foods S.A. (MRRTY)

Q4 2024 Earnings Conference Call

February 27, 2025 12:00 PM ET

Company Participants

Tang David - Chief Financial & Investor Relations Officer

Tim Klein - Chief Executive Officer-North American Operations

Rui Mendonca - Chief Executive Officer-South American Operations

Marcos Molina - Founder & Chairman of the Board

Conference Call Participants

Lucas Ferreira - JPMorgan

Gustavo Troyano - Itaú BBA

Ricardo Boiati - J. Safra Corretora de Valores e Cambio Ltda

Ben Theurer - Barclays

Guilherme Palhares - Santander

Ricardo Alves - Morgan Stanley

Thiago Duarte - BTG

Thiago Bortoluci - Goldman Sachs

Presentation

Operator

Good afternoon, and thank you for standing by. Referring to the fourth quarter results for 2024. This presentation is also being recorded and being simultaneously translated for both languages. [Operator Instructions]

Here with us today, we have Mr. Marcos Molina, Chairman of the Board; Mr. Tim Klein, CEO of National Beef; Mr. Rui Mendonca, CEO for South America; and Mr. Tang David, CFO and IRO; Jose Ignacio Scoseria, Corporate Finance Director; and also IR Officer, Mr. Stephan Szolimowski. Participants will be connected in only listen-only mode during the company’s remarks. After that we will start a Q&A session when further instructions will be provided.

Before moving on, we would like to make clear that forward-looking statements made during the conference refer to the company's business outlook. Also refer to operating and financial targets, which are based on beliefs and assumptions on the part of the company's management, as well as on information currently available for Marfrig Global Foods S.A. Forward-looking statements are no guarantee of performance. They involve risks, uncertainties and assumptions as they refer to future events and therefore, depend on circumstances that may or may not materialize.

Investors and analysts should have in mind that general conditions, economic conditions and industry conditions might affect forward-looking statements and thus lead to results that will differ substantially from those expressed in these forward statements....

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