Overview
- Net profit dropped to $581 million from $693 million a year earlier as historically low U.S. cattle supplies drove negative beef margins.
- Adjusted EBITDA declined to $1.835 billion from $2.153 billion, reflecting weaker operating income in the U.S. beef business.
- Global net sales increased 13% to $22.6 billion, led by stronger Brazilian beef exports, higher volumes, and firmer domestic prices.
- Seara posted its highest export volume on record despite temporary avian-influenza-related bans that forced chicken cuts into alternative markets at lower prices.
- The company cited Brazilian real appreciation as a drag on export competitiveness and noted heavier female cattle slaughter could slightly trim Brazil’s herd in 2026.