Total slaughter for the year came in at 3.87 million head, up by 3.3%, while total sales volume grew by 5.4% year-on-year to 1.29 million metric tons.

Gross revenue declined by 12.9% in 2023 to R$28.64 billion (US$5.75 billion) and EBITDA was down 9.7% to R$2.56 billion (US$514.35 million), with a margin up to 9.5%. Net income for the year totalled R$395.5 million (US$79.46 million), falling by 39.6%.

In the fourth quarter, total slaughter was up by 26.1% to 1.08 million head, while total sales volume grew by 16.8% to 354,200 metric tons.

Gross revenue for the quarter fell by 11.2% to R$6.51 billion (US$1.3 billion), while EBITDA declined by 0.3% to R$605.9 million (US$121.74 million) with a margin up to 9.8%. Net income for the fourth quarter totalled R$19.8 million (US$3.98 million), down 25.7% year-on-year.

Exports made up 67.2% of gross revenue in the fourth quarter and 65% in the full year. 40% of total exports went to Asia in 2023, while the Americas had an increase to 20%. Africa was up to 5%, the Commonwealth of Independent States (mostly Russia) was flat at 11%, the European Union was also flat at 7%, NAFTA was up from 6% to 10% and the Middle East was flat at 7%.

In 2023, the group slaughtered 3.87 million head of cattle, up by 3% year-on-year, while the fourth quarter saw this result up 26% to 1.08 million. Consolidated sheep slaughter, meanwhile, was up by 5% in the fourth quarter to 1.1 million head and totalled 3.9 million in the full year.