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Marfrig Global Foods SA

MRFG3.SA

Latest Trade

22.62BRL

Change

-0.63(-2.71%)

Volume

4,105,400

Today's Range

22.62

 - 

23.24

52 Week Range

12.38

 - 

28.06

As of on the Bolsa de Valores do Estado de Sao Paulo ∙ Minimum 15 minute delay

Pricing

Previous Close
23.25
Open
23.24
Volume
4,105,400
3M AVG Volume
138.33
Today's High
23.24
Today's Low
22.62
52 Week High
28.06
52 Week Low
12.38
Shares Out (MIL)
684.43
Market Cap (MIL)
16,074.35
Forward P/E
3.89
Dividend (Yield %)
11.69

Next Event

Q4 2021 Marfrig Global Foods SA Earnings Release

Latest Developments

More

Brazil's Marfrig to buy back up to 26.3 mln shares

Archer Daniels Midland And Marfrig Enter Agreement To Create Plantplus Foods

Jefferies Agrees To Sell Remaining 31% Interest In National Beef To Marfrig

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About Marfrig Global Foods SA

Marfrig Global Foods SA, formerly Marfrig Alimentos SA, is a Brazil-based company primarily engaged in the processing and distribution of meat. The Company's activities are divided into two operating segments: Marfrig Beef and Keystone. The Marfrig Beef segment is responsible for the slaughter, manufacture, distribution, import, export and marketing of beef and lamb meat. The Keystone division focuses on producing and developing multi-protein foods to serve global restaurant chains, including McDonald's, Subway, ConAgra Foods, Campbell's Soup, KFC, Taco Bell, Wendy's, Heinz, and Burger King, among others. It retails meat under a range of brand names, such as Pampeano, La Morocha, Montana, Hamby, Bernina, Bassi, GJ, Angus, South Lamb, as well as Tacuarembo. The Company operates worldwide in the Americas, Asia, Europe and Oceania.

Industry

Fish/Livestock

Contact Info

1560, Blc 5, Sl. 301, Vila Hamburguesa

05.319-000

Brazil

+55.11.37928600

http://www.marfrig.com.br

Executive Leadership

Marcos Antonio Molina dos Santos

Chairman of the Board

Miguel Gularte

Chief Executive Officer, Member of the Executive Board

Tang David

Chief Financial Officer, Member of the Executive Board

Heraldo Geres

Chief Legal Officer, Member of the Executive Board

Rodrigo Marcal Filho

Member of the Executive Board, Director

Key Stats

2.31 mean rating - 13 analysts
Sell
Hold
Buy
Revenue (MM, BRL)

2018

29.7K

2019

48.8K

2020

67.5K

2021(E)

79.3K
EPS (BRL)

2018

-1.110

2019

0.605

2020

4.990

2021(E)

6.038
Price To Earnings (TTM)
3.35
Price To Sales (TTM)
0.20
Price To Book (MRQ)
3.27
Price To Cash Flow (TTM)
1.95
Total Debt To Equity (MRQ)
615.73
LT Debt To Equity (MRQ)
463.32
Return on Investment (TTM)
25.10
Return on Equity (TTM)
15.80

Latest News

Latest News

Norway wealth fund divests from China's Yunnan Baiyao over pangolins

Norway's $1.4 trillion wealth fund has divested from Chinese pharmaceutical firm Yunnan Baiyao, saying the decision was because the company uses and sells body parts from pangolins, an endangered species.

Brazil's BRF proposes $1.2 billion capital increase, market sees potential move by Marfrig

Shares in Brazilian food processor BRF SA soared on Friday after it proposed a capital increase through the issuance of 325 million new common shares, potentially raising 6.63 billion reais ($1.17 billion).

Brazil beef exports to U.S. rise amid China-Australia trade spat

Strained trade relations between China and Australia have prompted Chinese importers to buy more U.S. beef, making room for Brazil to increase exports to the United States, trade data show.

Brazil's Marfrig builds 31.66% stake in BRF

Brazilian meat processor Marfrig Global Foods SA has acquired 31.66% of pork and poultry producer BRF's capital stock, it said in a securities filing on Thursday, reaffirming that its stake is merely passive.

Brazil's Marfrig moves closer to BRF offer threshold - source

Brazilian meatpacker Marfrig Global Foods is increasing its stake in food processor BRF SA to up to 30%, a source familiar with the move told Reuters, putting the buyer close to the threshold where it would have to make a public tender for all the company's outstanding shares...

Brazil's Marfrig building up to 30% stake in BRF, source says

Brazil's Marfrig Global Foods SA is currently in the process of acquiring shares in BRF SA in order to build a stake of up to 30% in the pork and poultry processor, a source with direct knowledge of the matter said on Wednesday.

Shares in Brazil's BRF jump after Marfrig seeks antitrust approval for BRF stake

Shares in Brazilian pork and poultry processor BRF SA closed up nearly 10% on Tuesday after beef producer Marfrig Global Foods SA asked antitrust watchdog CADE to approve its purchase of almost a quarter of BRF's stock.

Brazil regulator accuses Marfrig CEO of insider trading

Brazilian securities regulator CVM has accused Marcos Molina, the chief executive of Brazilian meatpacker Marfrig Global Foods SA, of the "misuse of privileged information" involving Marfrig shares before a filing in April 2018, according to a document on CVM's website.

Marfrig sought deal with Minerva before acquiring BRF stake -source

Brazilian beef producer Marfrig Global Foods SA tried to acquire control of rival Minerva SA before it announced late on Friday it had bought a stake in poultry and pork processor BRF SA, a person with knowledge of the matter told Reuters on Monday.

Brazil's Marfrig buys $800 million stake in BRF, becoming its top shareholder

Brazilian beef producer Marfrig Global Foods SA said on Friday it had bought almost a quarter of BRF SA's outstanding shares and aimed to diversify its holdings rather than influence management.

Brazil's Marfrig plans 43% reduction in direct emissions by 2035, executive says

Marfrig Global Foods <MRFG3.SA>, the world’s largest hamburger producer in the world, said it expects to achieve a 43% reduction in direct emissions from its meatpacking process and energy consumption by 2035, a company executive told Reuters.

Brazil's Marfrig, prosecutors agree to more protection for workers amid pandemic

Meatpacker Marfrig Global Foods <MRFG3.SA> has signed a settlement with labor prosecutors in Brazil to improve protections for workers amid outbreaks of COVID-19 cases in food plants, labor prosecutors said in a statement on Monday.

Brazil's Marfrig, labor prosecutors agree more protection for workers amid pandemic

Brazilian meatpacker Marfrig Global Foods has signed a settlement with labor prosecutors to improve protections for workers amid outbreaks of COVID-19 cases in Brazilian meat plants, labor prosecutors said in a statement on Monday.

Brazilian meatpacker Marfrig and ADM create vegetable-based products JV

The board of Brazilian meatpacker Marfrig Global Foods SA approved on Tuesday the creation of a new joint venture with Archer Daniels Midland Co to sell vegetable-based products to retail and food service clients.

Brazil's Minerva, Marfrig and JBS cleared to export beef into Thailand

JBS SA, Marfrig Global Foods, Minerva Foods and two other Brazilian meatpackers have won approval to export beef into Thailand.

Marfrig, Minerva's Brazil cattle processing plants operational despite COVID-19 cases

Brazilian meat producers Marfrig Global Foods <MRFG3.SA> and Minerva SA <BEEF3.SA> have registered coronavirus cases among workers in cattle processing plants this week but the units are still operational, the companies said.

Brazil's Marfrig resumes U.S. beef sales amid coronavirus closures

Marfrig Global Foods has resumed sales of fresh beef from Brazil to the United States amid supply disruptions in the U.S. market during the coronavirus epidemic, the Brazilian company's chief executive told Reuters.

Brazil's Marfrig taps higher U.S. demand for beef due to coronavirus closures

Marfrig Global Foods has resumed sales of fresh beef from Brazil to the United States amid supply disruptions in the U.S. market during the coronavirus epidemic, the Brazilian company's chief executive told Reuters.

Brazil meatpacker Marfrig repays $446 mln debt -filing

Brazil meatpacker Marfrig Global Foods said on Monday that it had concluded early repayment of its most expensive debt, $446 million in bonds due in 2023.

EMERGING MARKETS-Latam currencies at six-week high as trade optimism lingers

* Brazil real, Chile peso add nearly half a percent * Improving global outlook spurs demand for Latam assets * MSCI index of Latam stocks hits highest level since July * Brazil meatpacker Marfrig slides after share offering By Sagarika Jaisinghani and Ambar Warrick Dec 18...

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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