Add as a preferred source on GoogleJBS Expects 2027 Capital Spending to Fall by About $500 Million
A leverage ratio below three times by year-end 2027 depends on a beef turnaround and EBITDA of $5.5 billion to $6 billion, CFO Guilherme Cavalcanti said.
JBS N.V. CFO Guilherme Cavalcanti expects 2027 capital spending to fall by about $500 million, while leverage below three times by the end of 2027 depends on a beef turnaround and EBITDA of $5.5 billion to $6 billion.
Cavalcanti said JBS was still preparing its 2027 budget and could postpone projects. He put 2026 capital spending at about $2 billion to $2.1 billion.
The leverage scenario is conditional, not a firm goal. Cavalcanti said there were “moving pieces,” and management had not provided formal guidance.
JBS, a global meat and animal-protein company, released third-quarter results after the U.S. market closed Monday, Nov. 9. Its shares fell about 9% in premarket trading Tuesday, Nov. 10 after the results.
John Kim
John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.