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Wealth Beat News > News > JBS S.A. ADR (JBSAY) Q4 2024 Earnings Call Transcript
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JBS S.A. ADR (JBSAY) Q4 2024 Earnings Call Transcript

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Last updated: 2025/03/26 at 9:24 PM
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JBS S.A. ADR (OTCQX:JBSAY) Q4 2024 Earnings Conference Call March 26, 2025 10:00 AM ET

Company Participants

Gilberto Tomazoni – Global Chief Executive Officer
Guilherme Cavalcanti – Global Chief Financial Officer
Wesley Batista Filho – Chief Executive Officer, JBS USA
Christiane Assis – Investor Relations Director
George Bailey – Lord Abbett

Conference Call Participants

Ben Theurer – Barclays
Andrew Strelzik – BMO
Priya Ohri-Gupta – Barclays
George Bailey – Lord Abbett
Isabella Sun – Mizuho Group

Operator

Good morning, and welcome to JBS S.A. and JBS USA Fourth Quarter and the Year of 2024 Results Conference Call. At this time, all participants are in a listen-only mode. Later, we will conduct a question-and-answer session and instructions will be given at that time. As a reminder, this conference is being recorded.

Any statements eventually made during this conference call in connection with the company’s business outlook, projections, operating and financial targets and potential growth should be understood as merely forecasts based on the company’s management expectation in relation to the future of JBS. Such expectations are highly dependent on market conditions on Brazil’s overall economic performance and an industry and international market behavior, and therefore, are subject to change.

Are present with us today, Gilberto Tomazoni, Global CEO of JBS; Guilherme Cavalcanti, Global CFO of JBS; Wesley Batista Filho, CEO of JBS USA; and Christiane Assis, Investor Relations Director.

Now, I will turn the conference over to Gilberto Tomazoni, Global CEO of JBS. Mr. Tomazoni, you may begin your presentation.

Gilberto Tomazoni

Good morning, everyone. Thank you for joining us today for our earnings calls.

Our 2024 financial results reaffirm the positive outlook we set for the year. We closed the period with a record net revenue of US$77.2 billion, reflecting 6% growth compared to 2023 and the net income of US$1.8 billion. EBITDA totaled

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News March 26, 2025 March 26, 2025
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