Marfrig Global Foods SA
BOVESPA:MRFG3
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Good morning, everyone and thank you for waiting. Welcome to Marfrig Global Foods S.A. first quarter conference call.
With us here today, we have Mr. Marcos Molina, Founder and Chairman; Tim Klein, Chief Executive Officer of North America Operations; Mr. Miguel Gularte, Chief Executive Officer of South America; Mr. John Pinto, CEO of PlantPlus; Mr. Tang David, Chief Financial and Investor Relations Officer; Mr. Paulo Pianez, Sustainability and Communications Director; and Mr. Eduardo Puzziello, Investor Relations Director. This event is being recorded and will be started directly in questions-and-answer session. [Operator Instructions]
[Operator Instructions] Our first question comes from Mr. Ben Theurer with Barclays.
Congrats on the results. My question would be regarding South America. I mean the profitability there was impacted, of course, and you mentioned gross profit because of the raw materials headwind as the main cause. But if you could give us a little bit more guidance on that, what are you expecting for the rest of the year? And what is the current trend?
Yes. Do you -- hello? Can you hear me?
This is Tim Klein. I'm still on. I'm not sure about South America.
[Audio Gap]
improves and our exports to China that are active. In Q1, we had a recovery of our exports to China. Brazil is exporting again. The same thing happens to other geographies, Argentina, Uruguay and [ Chile ].
[Audio Gap]
[Operator Instructions] This concludes today's question-and-answer session and does conclude Marfrig Global Foods S.A. conference call for today. Thank you very much for your participation and have a nice day.