BRF S.A. (NYSE:BRFS) Q2 2022 Earnings Conference Call August 11, 2022 9:00 AM ET
Company Participants
Lorival Luz - Global CEO
Fabio Mariano - CFO
Igor Marti - CFO, International Markets, Halal Markets
Marcel Sacco - Vice President, New Business
Conference Call Participants
Isabella Simonato - Bank of America
Thiago Duarte - BTG
Lucas Ferreira - JP Morgan
Leonardo Alencar - XP
Ricardo Alves - Morgan Stanley
Thiago Bortoluci - Goldman Sachs
Gustavo Troyano - Itau
Victor Saragiotto - Credit Suisse
Rodrigo Almeida - Santander
Leandro Fontanesi - Bradesco
Operator
Good morning, ladies and gentlemen. Welcome to the Conference Call related to the Results of BRF SA for the Second Quarter of 2022. We would like to inform you that this conference call is being broadcast over the internet at www.choruscall.com.br/brf/2q22.htm. Right now, all participants are in listen-only mode. And afterwards, we’ll have the Q&A session, when we will provide further instructions to the participants. We request that each participant ask just one question.
Statements included in this presentation concerning the company’s perspective business projections and growth potential are merely forecasts and were based on management’s expectations regarding the company’s future. These expectations are highly dependent on market changes and the general economic performance of the country and industry segments and therefore are subject to change.
This conference is being recorded. And it will be presented by Mr. Lorival Luz, Global CEO of the company. The other Vice Presidents of the company are also present. We will now hand the floor over to Mr. Lorival Luz who will commence the conference.
Lorival Luz
Good morning, everyone. Thank you for participating in this conference for the results of BRF for the second quarter. I would like initially to apologize for our delay. We had a technical issue with the – our provider of the teleconference. So, please forgive us for this delay.
Moving on to the results of the second quarter, we – I would like to say that we had a positive quarter, illustrating the effects in our operations of the decisions that we took in the first quarter regarding adjusting our market position and adjustment of the whole chain. So in this second quarter, we already have an EBITDA of BRL 1.4 billion, 7.7% higher than the second quarter of 2021 and also a lot higher than the first quarter of this year. We will look at all the other segments and regions where we had improvement in all of them.