Camil Alimentos (CAML3) Q4 2025 Prepared Remarks earnings summary

Executive summary

• Achieved record annual net revenue of BRL 12.3 billion in 2024, up 9% year-over-year, and Q4 revenue of BRL 3 billion, up 11–11.7% year-over-year.

• Annual EBITDA reached BRL 907.3 million (margin 7.4%), with Q4 EBITDA at BRL 193.9 million (margin 6.5%).

• High-value operations in Brazil (fish, pasta, coffee, cookies) drove significant volume and profitability growth.

• Entered Paraguay market, pending transaction closing, as part of regional expansion.

• Continued investment in operational efficiency, brand value, and ESG initiatives, including renewable energy and social projects.

Financial highlights

• Q4 net revenue increased 11–12% year-over-year to BRL 3 billion.

• Gross profit for Q4 was BRL 531.5 million (margin 17.7%); annual gross profit was BRL 2.4 billion (margin 19.5%).

• SG&A as a percentage of net revenue was 14.6% in Q4 and 14.7% for the year, reflecting efficiency improvements.

• Non-recurring revenues of BRL 33.4 million in Q4 and BRL 43.8–44 million for the year from tax credits and judicial decisions.

• Net loss of BRL 24.6 million in Q4; net profit of BRL 217 million in 2024, down 39.8% year-over-year.

Outlook and guidance

• Focus on expanding high-value categories and leveraging brand strength for further growth.

• Continued operational improvements, innovation, and ESG investment to accelerate growth in key segments.

• Ongoing regional expansion, including Paraguay entry, to drive future volume and profitability.