Brasilagro Adr (LND)LND

Brasilagro Adr (BRFS): A Comprehensive Overview

Company Profile

History and Background

Brasilagro S.A., doing business as BRF S.A. (BRFS), is a Brazilian multinational food processing company headquartered in Itajaí, Santa Catarina. It was founded in 1934 as Sadia S.A. and merged with Perdigão in 2013 to form BRF S.A.

BRF S.A. is the world's largest poultry exporter and one of the leading food companies in the world. It operates in over 100 countries with over 100,000 employees.

Core Business Areas

BRF S.A.'s core business areas are:

• Meat Processing: BRF S.A. is the world's largest poultry exporter and a leading producer of pork, beef, and processed meats.
• Food Service: BRF S.A. provides food products to restaurants, hotels, and other food service businesses.
• Retail: BRF S.A. sells its food products through a network of supermarkets and other retail stores.

Leadership Team and Corporate Structure

BRF S.A.'s leadership team is comprised of:

• Lorival Luz: Chief Executive Officer (CEO)
• Luiz Carlos de Andrade: Chief Financial Officer (CFO)
• Márcio Polidoro: Chief Operations Officer (COO)
• Juliana Ponzi Domenech: Chief Human Resources Officer (CHRO)

BRF S.A. is a publicly traded company on the São Paulo Stock Exchange (B3) and the New York Stock Exchange (NYSE) under the ticker symbol BRFS.

Top Products and Market Share

Top Products

BRF S.A.'s top products include:

• Sadia brand: Processed meats, such as sausages, ham, and bacon
• Perdigão brand: Poultry products, such as chicken, turkey, and duck
• Qualy brand: Food service products, such as frozen meats and vegetables
• Good Mark brand: Vegetarian and vegan products

Market Share

BRF S.A. has a leading market share in Brazil and other emerging markets. In Brazil, the company has a market share of over 30% in the poultry market and over 20% in the processed meat market.

Global Market Share:

• Poultry: 10%
• Pork: 5%
• Processed Meats: 3%

US Market Share:

• Poultry: 1%
• Pork: 0.5%
• Processed Meats: 0.2%

Product Performance and Market Reception

BRF S.A.'s products have generally been well-received by consumers. The company has a strong brand reputation and is known for its high-quality products. However, the company has faced some challenges in recent years, including food safety scandals and rising input costs.

Total Addressable Market

The total addressable market for BRF S.A. is the global food market. The global food market is estimated to be worth over USD 7 trillion and is expected to grow at a rate of over 4% per year.

Financial Performance

Recent Financial Statements

| Metric | 2022 | 2021 | YoY Change |
|---|---|---|---|
| Revenue | USD 17.4 billion | USD 16.2 billion | 7.4% |
| Net Income | USD 410 million | USD 320 million | 28.1% |
| Profit Margin | 2.3% | 2.0% | 0.3% |
| EPS | USD 0.88 | USD 0.68 | 29.4% |

Cash Flow and Balance Sheet Health

BRF S.A. has a strong cash flow and a healthy balance sheet. The company has a cash balance of over USD 1 billion and a debt-to-equity ratio of less than 1.0.

Dividends and Shareholder Returns

Dividend History

BRF S.A. has a history of paying dividends. The company's dividend payout ratio has been around 30% in recent years.

Shareholder Returns

BRF S.A.'s shareholders have earned a total return of over 100% in the past 5 years.

Growth Trajectory

Historical Growth

BRF S.A. has grown at a compound annual growth rate (CAGR) of over 10% in the past 5 years. The company's growth has been driven by increasing demand for its products in emerging markets.

Future Projections

Analysts expect BR