São Martinho has net profit of R$ 424.1 million in the 3rd Quarter of the 2025/26 crop, an increase of 168.5%

By Leandro Silveira São Paulo, 09/02/2026 - São Martinho reported a net profit of R$ 424.1 million in the third quarter of the 2025/26 crop, ending on December 31. The result represents an increase of 168.5% compared to the same period of the 2024/25 crop, which was R$ 157.9 million. According to the company, the advance was mainly due to the recognition of subsidy credits, the marking to market of long-term debt derivative contracts due to fluctuations in the CDI, partially offset by the negative impact of the variation in biological assets due to the drop in sugar prices and the consequent impact on Consecana. The adjusted Ebitda (profit before interest, taxes, depreciation, and amortization) of the sugar-energy company fell by 25.6% compared to the previous year, to R$ 787.1 million, with an adjusted Ebitda margin of 49.4% (-8.0 percentage points compared to the third quarter of the previous cycle). "The performance reflects the marketing strategy and the detailed developments ...