SÃO PAULO, April 30, 2025 /PRNewswire/ -- BRF S.A. ("BRF" or "Company") (B3: BRFS3; NYSE: BRFS) announces to its shareholders and the market in general that it filed on this date, its Annual Report on Form 20-F for the year ended December 31, 2024 with the U.S. Securities and Exchange Commission ("SEC") and with the Brazilian Securities Commission ("CVM"), in English version. The version of the Form 20-F translated into Portuguese will be filed shortly with the CVM and made available on the Company's websit ...

As filed with the Securities and Exchange Commission on April 30, 2025. UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 20-F ☐REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2024 OR ☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☐SHELL COMPANY REPORT PURSUANT TO ...

In the latest trading session, BRF (BRFS) closed at $3.44, marking a +0.88% move from the previous day. The stock's change was more than the S&P 500's daily gain of 0.55%. Meanwhile, the Dow gained 1.01%, and the Nasdaq, a tech-heavy index, lost 0.14%. Shares of the chicken, beef and pork producer have appreciated by 11.07% over the course of the past month, outperforming the Consumer Staples sector's gain of 0.24% and the S&P 500's loss of 6.22%. Analysts and investors alike will be keeping a close eye on ...

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important? Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about BRF (BRFS) . BRF currently has an average brokerage recommendation (ABR) of 1.80, on a scale o ...

Company Performance - BRF (BRFS) closed at $3.45, showing a -0.58% change from the previous day's closing price, underperforming the S&P 500's daily gain of 0.08% [1] - Over the past month, BRF's shares increased by 4.2%, outperforming the Consumer Staples sector's gain of 1.88% and the S&P 500's loss of 7.33% [1] Earnings Projections - The upcoming earnings per share (EPS) for BRF is projected at $0.09, representing a 50% increase from the same quarter last year [2] - For the entire fiscal year, the Zacks Consensus Estimates predict an EPS of $0.44 and revenue of $10.97 billion, indicating increases of +22.22% and +0.25% respectively from the previous year [2] Analyst Estimates - Recent modifications to analyst estimates for BRF reflect shifting short-term business dynamics, with upward revisions indicating analysts' positive outlook on the company's operations and profit generation [3] Zacks Rank and Performance - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), shows that 1 stocks have generated an average annual return of +25% since 1988 [5] - BRF currently holds a Zacks Rank of 2 (Buy), with the consensus EPS estimate shifting 1.16% upward over the past month [5] Valuation Metrics - BRF is trading at a Forward P/E ratio of 7.98, which is a discount compared to the industry's average Forward P/E of 16.48 [6] - The company's PEG ratio is currently 0.19, significantly lower than the average PEG ratio of 1.91 for the Food - Miscellaneous industry [6] Industry Context - The Food - Miscellaneous industry, part of the Consumer Staples sector, has a Zacks Industry Rank of 162, placing it in the bottom 36% of over 250 industries [7] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7]

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about BRF (BRFS) .BRF currently has an average brokerage recommendation ...

Investors with an interest in Food - Miscellaneous stocks have likely encountered both BRF (BRFS) and Conagra Brands (CAG) . But which of these two stocks offers value investors a better bang for their buck right now? We'll need to take a closer look.We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great grade in the Value category of our Style Scores system. The Zacks Rank is a proven strategy that targets companies with positive earnings estimate ...

Financial Data and Key Metrics Changes - The company reported a net revenue of BRL 61.4 billion, which is 14% higher than in 2023 [9] - EBITDA reached BRL 10.5 billion, more than double the previous year's performance, contributing to a net profit of BRL 3.7 billion [10] - Free cash flow performance was BRL 6.5 billion, marking an all-time record [10] - The leverage ratio improved to 0.75 times EBITDA in the last 12 months, down from 2 times in 2023 [10] Business Line Data and Key Metrics Changes - In Brazil, the company achieved an EBITDA margin of 15.5%, with growth in volume, particularly in processed product categories [12] - The international market saw an EBITDA margin exceeding 20% in 2024, with strong performance in Turkiye and the Gulf area [14] - The ingredients and pet products segment reported BRL 422 million in EBITDA, with increased participation of value-added items [17] Market Data and Key Metrics Changes - The domestic market showed a significant increase in sales and market share, with 327,000 customers served [26] - The international segment benefited from high export prices and a growing contribution from processed products in halal markets [15] Company Strategy and Development Direction - The company aims to continue diversifying markets and maximizing revenues while focusing on sustainable growth [29] - The BRF+ efficiency program has captured approximately BRL 4 billion in operational efficiencies since its launch [27] - The company is committed to maintaining a high-performance culture and valuing its employees [30] Management's Comments on Operating Environment and Future Outlook - Management acknowledged the challenges posed by inflation and cost pressures in 2025 but expressed confidence in the company's ability to navigate these challenges [35][46] - The company expects a favorable consumption environment for value-added products in Brazil, supported by strong consumer confidence [52] - January 2025 started strong, indicating a positive trend for the year ahead [47] Other Important Information - The company has established 175 new export permits, enhancing its ability to maximize prices [16] - Sustainability initiatives include achieving 100% traceability of grain suppliers and reducing water consumption by over 11% [21] Q&A Session All Questions and Answers Question: Insights on 2025 dynamics and inflation impact on processed products - Management highlighted the importance of information access and operational efficiencies in navigating challenges, with a focus on value-added products performing better in favorable consumption scenarios [41][42][46] Question: Pricing strategies for processed products in Brazil - Management noted a balanced relationship between supply and demand, with expectations for price increases in processed products, while also monitoring regional market dynamics [56][62] Question: Context on BRF+ program and operational efficiency - Management confirmed that BRF+ is a continuous improvement program with room for further enhancements, focusing on synergy across different areas of the company [70][76] Question: Breakeven expectations and capital allocation for expansion projects - Management indicated strong free cash generation and plans to allocate resources for expansion projects, particularly in processed products [78][80] Question: Sequential drop in margins in Brazil - Management clarified that the margin drop was primarily due to non-recurrent costs related to provisions and variable compensation, rather than pricing issues [88][90] Question: Inorganic growth and recent acquisitions - Management discussed the strategic rationale behind recent acquisitions, emphasizing the potential for higher profitability and resilience against commodity price fluctuations [118][120] Question: Inventory levels and grain cost dynamics - Management explained that inventory levels increased due to seasonal sales, while also highlighting a reduction in finished product inventory as part of efficiency efforts [138][140]

RESULTS 2024 2024 Legal notice This presentation may include some statements that express the expectations, beliefs and assumptions of BRF S.A. ("BRF" or "Company") management about future events or results. Such statements do not correspond to historical facts, and are based on currently available competitive, financial and economic data, and on current projections about the industries in which BRF operates. Verbs such as "anticipate," "believe," "estimate," "expect," "project," "plan," "predict," "aim," " ...

Financial Statements, Individual and Consolidated | 2024 a 2023 | Índex | | | --- | --- | | Índex | 2 | | Statements of Financial Position | 4 | | Statements of Income (Loss) | 5 | | Statements of Comprehensive Income (Loss) | 6 | | Statements of Changes in Equity | 7 | | Statements of Cash Flows | 8 | | Statements of Value Added | 9 | | Management Report | 10 | | 1. Company's Operations | 47 | | 2. Basis of Preparation and Presentation of Financial Statements | 51 | | 3. Material Accounting Policies | 52 | ...