MBRF Global Foods, the entity formed by the merger of JBS and Marfrig, reported a 27% increase in net profit for the first quarter of 2026.
The company posted net income of R$111 million, delivering its second set of consolidated financial results since the combination was completed.
The results come as top analysts have trimmed their outlooks for the sector, suggesting that market sentiment remains cautious despite the improved bottom line.
The profit growth indicates that the merged entity is beginning to realize operational synergies, even as broader industry headwinds persist.
This development marks a key milestone for the world’s largest meat processor, which has been integrating its supply chains and sales networks since the deal closed.
Investors will be watching to see if the cost savings and revenue enhancements can sustain momentum through the rest of the year.