Brazilian Meat Giant MBRF, the JBS-Marfrig Merger, Lifts Profit 27%

Brazil · Business Key Facts —Net income rises 27% MBRF Global Foods (MBRF3) reported a Q1 2026 net profit of R$111 million (about US$22 million), a sharp turnaround that signals early traction for the newly merged meat processor. —Price targets cut Despite the profit jump, brokerages XP Investimentos and Banco Safra lowered their equity price…