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Camil Alimentos (CAML3) investor relations material
Camil Alimentos Q2 2026 (Q&A) earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Net revenue for Q2 2025 reached R$ 3.0 billion, down 8.6% year-over-year but up 10.9% sequentially, with EBITDA at R$ 251 million and an 8.4% margin, reflecting sequential growth despite annual declines.
Consolidated volumes totaled 634,000 tons, up 6.8% year-over-year and 24.9% quarter-over-quarter, driven by international expansion and sugar recovery.
Net profit declined 33.7% year-over-year to R$ 79 million, but rose 19.3% sequentially.
The acquisition of Villa Oliva in Paraguay was completed, expanding the rice business and international presence.
ESG initiatives advanced, including renewable energy projects and publication of the 2024 Sustainability Report.
Financial highlights
Gross profit for the quarter was R$ 673.8 million, with a margin of 22.6%, down 3.5% year-over-year but up 11.2% sequentially.
Capex for the quarter was R$ 155 million, focused on plant expansion, new facilities, and energy projects, up 133.5% year-over-year.
Net debt stood at R$ 3.5 billion, with Net Debt/EBITDA LTM at 4.1x, and total liquidity of R$ 1.9 billion.
Working capital days reduced to 85, down 22 days year-over-year.
Net income margin was 2.6%, down 1.0 percentage point year-over-year.
Outlook and guidance
Management expects sugar profitability to return to historical levels, with a favorable outlook for 2026.
Rice prices are expected to remain under pressure short term, but reduced planted area may support future recovery.
Leverage is expected to decrease by fiscal year-end due to working capital release and improved operating consistency.
Continued focus on portfolio diversification, operational efficiency, and expansion in Latin America.
Ongoing investments in ESG, innovation, and brand strengthening.
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