Brazil · Delayed Price · Currency is BRL Tegma Gestão Logística Earnings Call Transcripts
Fiscal Year 2026
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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 services. Cash flow and capital structure remain solid, with positive outlooks for warehousing and ongoing M&A activity, despite margin pressures from higher rental costs.
Fiscal Year 2024
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Q4 2024 saw strong revenue and net income growth, driven by the Automotive Logistics Division and value-added services. Dividend payout remains high at 66%, with robust cash and low leverage supporting increased CapEx for 2025. Automotive and GDL segments are expected to sustain growth.
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Q3 2024 saw strong revenue and net income growth, driven by robust automotive logistics performance, operational efficiency, and digital transformation. Dividend payout remained high, with a positive outlook for 2025 and continued expansion in key segments.
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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.