Brazil-based food group Marfrig has swung to a net loss in the first six months of the year.

In the six months to the end of June, Marfrig booked a net loss of BRL214m (US$93.8m). This compared to earnings of BRL249.2m last year.

Go deeper with GlobalData

Go deeper with GlobalData

The gold standard of business intelligence.

Find out more

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more

The company also booked an operating loss of BRL278.1m versus an operating profit of BRL54.8m in the prior year period.

Marfrig attributed the loss to the rise in its debt-service costs, which was impacted by the depreciation of the real against the US dollar. Its debt-service costs totalled BRL1.14bn, which was up against costs of BRL762.7m in 2012.

Sales in the period, however, climbed 15.1% to BRL8.83bn.

Click here to view the full earnings release.

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

Just Food Excellence Awards - Nominations Closed

Nominations are now closed for the Just Food Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact.

Excellence in Action
Winning five categories in the 2025 Just Food Excellence Awards, Centric Software is setting the pace for digital transformation in food and FMCG. Explore how its integrated PLM and PXM suite delivers faster launches, smarter compliance and data-driven growth for complex, multi-channel product portfolios.

Discover the Impact