EBITDA reached BRL 628.9 million and free cash flow was BRL 367 million in the period SÃO PAULO, May 8, 2024 /PRNewswire/ -- Minerva Foods (Minerva S.A. – B3: BEEF3 | OTC – Nasdaq International: MRVSY), the leading exporter of fresh beef and its derivatives in South America, which also operates in the processed meat segment, presents its financial results for the first quarter of 2024 (1Q24) to the market. Free Cash Flow for 1Q24 totaled BRL 367 million. Over the last 12 months up to March 31, recurring free cash flow totaled BRL 1.3 billion, resulting in a free cash flow yield (annualized) of 35%*. After Financial Expenses, Capex, Working Capital, and disregarding expenses related to the acquisition of ALC (Australia Lamb Company) and BPU Meat (Uruguay), the index totaled BRL 1.5 billion. Since 2018, the company has accumulated BRL 6.9 billion in free cash generation. Consolidated Gross Revenue in 1Q24 reached BRL 7.7 billion, with exports accounting for 58% of this amount. ...