{
  "id": 740043,
  "title": "Minerva Profit Falls 57% to US$36 Million as Debt Costs Bite",
  "url": "https://urgent.news/2026/08/13/minerva-profit-falls-57-to-us-36-million-as-debt-costs-bite",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-13T06:44:21.000Z",
  "source": {
    "name": "The Rio Times",
    "slug": "the-rio-times",
    "url": "https://www.riotimesonline.com/minerva-profit-falls-57-to-us36-million-as-debt-costs-bite/"
  },
  "original_language": "en",
  "account": "Minerva, one of South America's leading beef exporters, experienced a steep 57% drop in net income to US$36 million in Q2 2026, despite reporting a record US$14.1 billion in revenue. The decline was primarily due to increased financial expenses, mainly interest on the company's debt taken on to fund its acquisition of Marfrig plants. While beef prices abroad remained strong and a weaker real boosted export earnings, the high interest costs on larger debt levels drastically impacted the bottom line. Minerva's debt burden, acquired to expand its footprint across South America, now carries a hefty interest bill that weighs heavily on its quarterly results. Adjusted EBITDA, a measure of operating cash profit, also slipped 5.5% to R$1.2 billion (8.7% margin) from the previous year. The company's ability to reduce debt and manage interest costs will be key factors in determining its financial health and investor sentiment going forward.",
  "summary": "Minerva, one of South America's largest beef exporters, earned R$196.9 million (about US$36 million) in the second quarter of 2026, down 57% from a year earlier. Revenue rose to a quarterly record, but higher financial expenses from debt tied to its Marfrig plant acquisition, along with pricier cattle, drove profit sharply lower. The post Minerva Profit Falls 57% to US$36 Million as Debt Costs…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}