SAO PAULO, Brazil — Brazilian meat packer JBS expects its core earnings this year to reach as high as US$6.75 billion on net revenue of $76.5 billion, the company said in a recent securities filing.
In its filing, JBS forecasted 2024 adjusted earnings before interest, taxes, depreciation and amortization (EBITDA), a measure of core profitability, to be $6.25 to $6.75 billion.
The company noted that the disclosure complies with a requirement from Brazil’s securities regulator.
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