Brazil · Delayed Price · Currency is BRL Tegma Gestão Logística Earnings Call Transcripts
Fiscal Year 2026
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Q2 2026 saw 37% revenue growth and 46% adjusted EBITDA growth, driven by strong automotive logistics and new integrated services. Margins improved, with further gains expected from tariff adjustments in Q3. Dividend payout of 62% of H1 net income was approved.
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Net revenue grew 18% year-over-year to BRL 521 million, led by Automotive Logistics, but net income declined 11% due to higher costs and financial expenses. Management expects stronger results in Q2 2026, with full utilization of facilities and positive market trends.
Fiscal Year 2025
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Q4 2025 saw a 2% revenue decline and a 39% drop in net income, mainly due to lower vehicle transport volumes, operational disruptions, and higher costs. Despite these challenges, full-year revenue grew 6%, and dividend payouts reached record levels.
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Q3 2025 saw 5% revenue growth and resilient results despite margin pressure from non-recurring costs and higher expenses. Strategic moves, including new contracts and land acquisition near BYD, are set to support future growth and market share recovery.
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Q2 2025 delivered strong revenue and net income growth, with an 80% dividend payout and strategic expansion through M&A and logistics infrastructure. Despite a lost contract and market share dip, new contracts and regulatory changes support a positive outlook.
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Q1 2025 saw strong revenue and net income growth, driven by robust vehicle sales, exports, and logistics demand. Margins improved, cash flow was strong, and capital discipline was maintained amid ongoing M&A efforts. Positive outlooks persist for warehousing and logistics services.
Fiscal Year 2024
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Q4 2024 saw strong revenue and profit growth, led by Automotive Logistics and GDL, with robust dividend payouts and a positive outlook for 2025. CapEx is set to rise, and management expects continued demand from automakers and stable dividend policy.
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Q3 2024 saw strong revenue and net income growth, driven by automotive logistics, Fastline, and digital transformation initiatives. Dividend payout remained robust, while CapEx focused on ERP and yard expansion. Market share and operational efficiency improved, with a positive outlook for 2025.
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Q2 2024 saw record revenue and strong profit growth, driven by robust domestic vehicle sales, expanded logistics operations, and higher dividends. Margins improved in automotive logistics, while integrated logistics faced cost pressures. The outlook remains positive despite export and regulatory challenges.