JBS Reports Strong Net Sales Growth Across All Business Units in 3Q25
13 | 11 | 2025
JBS reported record net sales of US$22.6 billion in the third quarter of 2025, a 13% increase compared to the same period last year. Growth occurred across every business unit, demonstrating the Company’s ability to manage its global multiprotein platform with discipline and agility in different market environments.
The Company posted net income of US$581 million in the quarter and a Return on Equity (ROE) of 23.7% over the last twelve months. Leverage ended the period at 2.39x, in line with the Company’s long-term target. IFRS Adjusted EBITDA reached US$1.8 billion, down 15% from prior year, with a consolidated EBITDA margin of 8.1%.
“The quarter reinforces the strength and consistency of our global multiprotein platform and, more importantly, how we operate it with discipline, agility and resilience,” said Gilberto Tomazoni, Global CEO of JBS. “Our multiprotein and multigeographic model is the foundation that sustains the Company’s stability and our ability to generate value continuously.”
In the U.S., JBS Beef North America reported a –0.6% margin for the period, with net sales totaling US$7.2 billion. The quarter reflects disciplined execution and operational efficiency amid a challenging cycle. Although cutout values remained elevated, they were not sufficient to offset higher cattle costs. “Our team maintained discipline and efficiency, delivering growth even in a challenging environment,” Tomazoni said.
Pilgrim’s Pride posted another quarter of robust profitability, with a 16.2% EBITDA margin, supported by a diversified portfolio and ongoing gains in operational excellence. Prepared Foods sales in the U.S. grew more than 25% year-over-year, while operations in Europe and Mexico outperformed their respective markets. “We continue to strengthen Key Customer partnerships and expand higher value-added products, reducing volatility across the business,” the CEO noted.
JBS USA Pork also delivered record net sales, with an EBITDA margin of 9.8%, driven by solid domestic demand and continued expansion of its branded and value-added portfolio. During the quarter, the Company announced the acquisition of a plant in Iowa and progress on the construction of a new facility in the same state.
With an EBITDA margin of 7.4%, JBS Brazil posted strong revenue growth. Friboi delivered another consistent quarter, with solid performance in both exports and the domestic market. “The team strengthened relationships with key customers and remained focused on operational excellence and disciplined execution,” Tomazoni emphasized. “For the sixth time, Friboi was voted the most remembered and preferred meat brand in Brazil, reinforcing its leadership and consumer trust.”
Seara reached the highest export volume in its history, supported by strong operational execution and commercial agility. The business achieved an EBITDA margin of 13.7%, despite temporary export restrictions to China and Europe, which have since been lifted. Performance was sustained by redirection of volumes, disciplined commercial strategy, innovation, and a focus on profitability.
“Seara maintained healthy margins and demonstrated the strength of its disciplined commercial strategy, supported by an innovative portfolio and partnerships that bring the brand closer to consumers. This reflects our ongoing commitment to innovation and value creation,” said Tomazoni.
He added: “Initiatives such as the launch of the Seara Protein line, products for AirFryer, and partnerships like Netflix illustrate this commitment.”
JBS Australia posted an EBITDA margin of 11.4%, with profitability supported by improved cattle availability and strong global demand. Beef was the main driver of the year-over-year improvement in results, with higher prices and increased volumes in both domestic and export markets—more than offsetting a 26% increase in cattle costs, according to Meat & Livestock Australia (MLA). “Australia remains a strategic pillar for JBS’s geographic diversification and an example of how we convert operational efficiency and complementary markets into solid results,” Tomazoni said.
Pork and aquaculture operations also contributed positively, with productivity and efficiency gains.
“We remain disciplined and continue to invest responsibly, always focused on sustainable growth. Global demand for protein continues to expand, and JBS is ready to capture this growth with a balanced portfolio, solid execution, and a long-term perspective,” said Tomazoni.
Escrito por: Oxigenweb