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CHICAGO - Amlan International, the animal health business of Oil-Dri Corporation of America (NYSE:ODC), announced Monday a distribution partnership with Boviz Saúde Animal to strengthen its presence in Brazil’s cattle market. The move comes as Oil-Dri demonstrates strong market performance, with a remarkable 101% return over the past year. According to InvestingPro analysis, the company maintains an excellent financial health score and has consistently raised its dividend for 11 consecutive years.
The companies will jointly attend the Rio Preto Country Bulls Rodeo from July 9-13, 2025, in São José do Rio Preto. The event, established in 1997, attracts approximately 100,000 attendees over five days and brings together beef producers, agribusiness professionals, and families.
Brazil represents a significant market opportunity as the world’s second-largest beef producer and largest beef exporter, accounting for approximately 18% of global beef production with an annual output of around 12 million tons. This expansion aligns with Oil-Dri’s robust financial position, operating with moderate debt levels and maintaining a healthy 29.8% gross profit margin. InvestingPro subscribers can access detailed analysis and 10 additional ProTips about ODC’s growth potential and market position.
Boviz, a Brazilian company focused on natural livestock solutions, will distribute Amlan’s feed additive technologies for the cattle segment in Brazil, including products like Calibrin-Z.
"We are excited to partner with Boviz as Brazil’s cattle production market undergoes rapid and strategic development," said Dr. Robin Jarquin, Regional Director, LATAM, Amlan International, in a press release statement.
Jose Victor Costantini, Managing Partner of Boviz, noted that the partnership allows them to "connect directly with livestock producers who value performance, sustainability, and animal welfare."
The companies plan to use the rodeo event as an opportunity to engage with producers, understand their challenges, and showcase mineral-based solutions that support herd health and productivity. With the stock trading near its 52-week high of $60.70 and demonstrating strong cash flows, Oil-Dri appears well-positioned to capitalize on this market opportunity. For comprehensive insights into ODC’s valuation and growth prospects, access the full Pro Research Report available on InvestingPro.
In other recent news, Oil-Dri Corporation of America reported a strong financial performance for the third quarter of 2025, with net income reaching $11.6 million, placing it among the top nine in the company’s history. The company also announced a 16% increase in dividends, marking the 22nd consecutive year of dividend growth. Additionally, Oil-Dri’s year-to-date net cash from operations increased by 49% to $55 million, underscoring its operational efficiency. Notably, the acquisition of UltraPet has been successful, contributing positively to the company’s growth trajectory. The company is also exploring mergers and acquisitions to enhance its market position. Analysts have projected earnings per share (EPS) of $2.08 for fiscal year 2025 and $2.12 for 2026, with revenue forecasts of $452.9 million and $461.96 million, respectively. The company remains committed to expanding its lightweight litter and UltraPet businesses. Furthermore, Oil-Dri is addressing potential challenges such as tariff impacts on international operations and fluctuations in natural gas prices.
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