Oct 11, 2024 / 02:00PM GMT
Luciano Quartiero - Camil Alimentos SA - Chief Executive Officer
Hello, welcome to the comments and the results for the second quarter ended August 2024. On slide 2, we highlight the categories of operation and the main indicators for the quarter. We generated record net revenue of BRL3.2 billion in the period up by approximately 12% year on year and 13% sequentially. EBITDA stood at BRL288 million up 35% compared to EBITDA in the second quarter of 2023 with a margin of 8.8%. This margin is 1.5 percentage points higher compared to the same period of last year.
It is worth noting that in the last 12 months, Camil's EBITDA exceeded BRL1 billion for the first time reinforcing not only our efforts to grow the company over the 60 plus years of its existence, but our positioning as one of the largest food brand platforms in South America.
In volumes, we grew 14% in sequential result driven mainly by higher volumes of grains. In the year on year comparison, however, we saw a drop of approximately 6% mainly explained by lower sugar expert volumes compared to the second quarter of 2023. We will
Q2 2025 Camil Alimentos SA Earnings Call Transcript
Oct 11, 2024
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