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Marfrig Global Foods SA

MRFG3.SA

Latest Trade

11.51BRL

Change

-0.15(-1.29%)

Volume

2,898,200

Today's Range

11.37

 - 

11.72

52 Week Range

5.24

 - 

12.10

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

Pricing

Previous Close
11.66
Open
11.64
Volume
2,898,200
3M AVG Volume
131.06
Today's High
11.72
Today's Low
11.37
52 Week High
12.10
52 Week Low
5.24
Shares Out (MIL)
619.59
Market Cap (MIL)
7,244.12
Forward P/E
18.40
Dividend (Yield %)
--

Next Event

Q3 2019 Marfrig Global Foods SA Earnings Release

Latest Developments

More

National Beef Shareholders Marfrig, Jefferies and Others Acquire Iowa Premium - Filing

Brazil's BRF has already agreed on the sale of 800 mln reais in assets - VP of operations

Brazil's Marfrig Suspends Activities In Mineiros Plant Due To Fire

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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

Av. Queiroz Filho

+55.37.928600

http://www.marfrig.com.br

Executive Leadership

Marcos Antonio Molina Dos Santos

Chairman of the Board

Eduardo Miron

Chief Executive Officer

Marco Antonio Spada

Chief Financial and Investor Relations Officer

Heraldo Geres

Chief Legal Officer, Member of the Executive Board

Rodrigo Marcal

Director

Key Stats

2.64 mean rating - 11 analysts
Sell
Hold
Buy
Revenue (MM, BRL)

2016

19.3K

2017

18.6K

2018

29.7K

2019(E)

47.0K
EPS (BRL)

2016

-1.303

2017

-0.820

2018

-1.110

2019(E)

0.634
Price To Earnings (TTM)
--
Price To Sales (TTM)
0.17
Price To Book (MRQ)
8.60
Price To Cash Flow (TTM)
8.83
Total Debt To Equity (MRQ)
2,030.39
LT Debt To Equity (MRQ)
1,671.82
Return on Investment (TTM)
-1.68
Return on Equity (TTM)
-0.87

Latest News

Latest News

Marfrig plans 400 new hires as China's hunger for Brazil beef grows

Brazilian beefpacker Marfrig Global Foods SA <MRFG3.SA> said on Friday it is in the process of hiring 400 people to work at its Promissão plant in the state of São Paulo as Chinese demand warrants an increase in meat production.

Burger King to roll out Marfrig veggie burgers nationwide in Brazil in Nov

Burger King restaurants in Brazil will begin selling plant-based burgers developed by meatpacker Marfrig Global Foods SA in Sao Paulo city on Sept. 10, with a country-wide launch set for November, Marfrig said in a statement on Tuesday. (Reporting by Ana Mano; Editing by...

UPDATE 1-Marfrig, ADM to produce plant-based meat in Brazil

Brazil's Marfrig Global Foods SA, the world's largest hamburger producer, said on Tuesday it has reached an agreement with U.S.-based agribusiness company Archer Daniels Midland Co to produce and market vegetable protein products in Brazil.

Marfrig, ADM to produce plant-based meat in Brazil

Brazil's Marfrig Global Foods SA, the world's largest hamburger producer, said on Tuesday it has reached an agreement with U.S.-based Archer Daniels Midland Co to produce and market vegetable protein products in Brazil.

Brazil's Marfrig potential bidder for Paraguayan beef-packer: report

Listed Brazilian meat producer Marfrig Global Foods SA <MRFG3.SA> is a potential bidder for Paraguay's Frigorífico Concepción SA, according to a report in newspaper Valor Econômico.

Brazil meatpackers BRF, Marfrig call off talks on proposed tie-up

Brazilian meatpackers BRF SA <BRFS3.SA> and Marfrig Global Foods SA <MRFG3.SA> said on Thursday that they had mutually agreed to call off negotiations for a possible merger that were going on for a month.

Brazil meatpackers BRF, Marfrig call off talks on proposed tie-up

Brazilian meatpackers BRF SA and Marfrig Global Foods SA said on Thursday that they had mutually agreed to call off negotiations for a possible merger.

BRF and Marfrig's tie-up talks draw doubts on timing, savings

Investors and analysts on Friday questioned Brazilian meatpacker BRF SA's move to take over local beef producer Marfrig Global Foods SA, raising doubts about the timing of talks and the potential for cost savings.

Brazil's BRF and Marfrig in talks to form meatpacking heavyweight

Brazilian food processors BRF SA and Marfrig Global Foods SA on Thursday announced exclusive talks for a potential tie-up that would create one of the world's largest meat producers, according to securities filings.

Brazil meat companies BRF and Marfrig agree to discuss merger -filing

The boards of Brazilian food processors BRF SA and Marfrig Global Foods SA have agreed to open discussion on a potential merger of the two companies that would create one of the world's largest meat producers, they said on Thursday in a securities filing.

UPDATE 1-Brazil's Marfrig, Minerva Uruguay plants cleared to sell beef to Japan

Brazilian food processors Marfrig Global Foods SA and Minerva SA said on Friday that all seven of their plants in Uruguay have been authorized to export fresh beef to Japan.

Brazil's Marfrig units in Uruguay cleared to sell beef to Japan

Brazilian food processor Marfrig Global Foods SA said on Friday that all of its four plants in Uruguay have been authorized to export fresh beef to Japan.

Brazil's BRF finalizes sale of Argentina subsidiary to Marfrig

Brazil food processor BRF <BRFS3.SA> said on Wednesday it had finalized the sale of 92 percent of its Argentine subsidiary Quickfood SA to Marfrig Global Foods SA <MRFG3.SA>.

Brazil's BRF sells Argentine Quickfood to Marfrig for $60 mln

Brazilian food processor BRF SA said on Friday it had sold Quickfood SA, an Argentine unit, to Marfrig Global Foods SA for $60 million.

MOVES-Brazil's Marfrig taps Jose Eduardo de Oliveira Miron as new CEO - filing

Marfrig Global Foods SA , Brazil's second largest meatpacker, said in a securities filing on Monday it tapped former Chief Financial Officer Jose Eduardo de Oliveira Miron as its new chief executive officer, replacing Martin Secco Arias.

UPDATE 1-Brazil's Marfrig sets debt targets, shares fall

Marfrig Global Foods SA , Brazil's second largest meat-packing company, has introduced new debt metric targets in an amended shareholders agreement, according to a securities filing, as it completed asset sales to raise cash and cut debt.

Brazil's Marfrig sets new debt metric targets

Brazilian meat packer Marfrig Global Foods SA has amended its shareholders' agreement, introducing new debt metric targets to reduce its leverage, according to a securities filing late on Monday.

Brazil's Marfrig sells Keystone for $2.4 billion: statement

Brazilian meatpacker Marfrig Global Foods <MRFG3.SA> said on Monday it had closed a deal to sell its indirect subsidiary Keystone Foods Holdings Limited to U.S. firm Tyson Foods Inc. <TSN.N>.

Marfrig's Keystone deal will cut net debt by at least 2.2x EBITDA

The sale of Brazilian meat-packer Marfrig Global Foods SA's Keystone Foods business to Tyson Foods Inc will help Marfrig cut net debt to between 2.2 times and 2.5 times earnings before interest, taxes, depreciation and amortization, Marfrig's chief financial officer said...

Brazil's Marfrig focuses on beef after Keystone sale: CFO

The sale of Keystone Foods LLC to Tyson Foods Inc. <TSN.N> for $2.4 billion concludes a major strategic change for Brazilian meatpacker Marfrig Global Foods SA <MRFG3.SA>, which will focus exclusively on beef, its chief financial officer said on Sunday.

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

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