Leandro Fontanesi's questions to BRF SA (BRFS) leadership • Q1 2024
Question
Leandro Fontanesi of Banco Bradesco BBI asked about the processed products segment, inquiring about the potential for the Sadia and Perdigao brands, the competitive scenario, and the balance between volume and price. He also revisited the capital allocation topic, asking what options the company would have if strong cash generation and deleveraging continue.
Answer
CFO Fabio Mendes Mariano stated that BRF's market share in processed products remained stable quarter-over-quarter and that the company continues to lead on pricing dynamics, with the cold cuts category showing the most advancement recently. On capital allocation, he reiterated that management's focus is on improving profitability and adding shareholder value, while the specific method of compensation (dividends, etc.) is a decision for the controller and the board.