• JBS NV posted 1Q26 net sales of US$ 21.61 billion, up 11% year over year, while net income attributable to shareholders fell to US$ 220.6 million from a year earlier and EPS slid 56% to US$ 0.21.
• Adjusted EBITDA (IFRS) dropped 25.8% to US$ 1.13 billion, pushing net leverage to 2.8x from 2.0x a year earlier.
• Free cash flow was negative at US$ 1.47 billion versus a year earlier, reflecting seasonal working-capital cash consumption, lower adjusted EBITDA, and higher capex.
• Beef North America widened its adjusted EBITDA loss to US$ 266.8 million due to cattle-cycle pressure, while Pilgrim's Pride adjusted EBITDA fell 31.9% to US$ 449.7 million on weather-related disruptions and planned plant downtime.
• Seara kept an adjusted EBITDA margin of 15.5% with sales up 10.6%, while JBS Brazil lifted adjusted EBITDA 27.9% to US$ 167.7 million; Global CEO Gilberto Tomazoni said sales rose across all business units despite profitability pressure in Beef North America and Pilgrim's Pride.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. JBS NV published the original content used to generate this news brief on May 12, 2026, and is solely responsible for the information contained therein.