Q3 2024 Vibra Energia SA Earnings Call (English, Portuguese) Transcript
Key Points
- Vibra Energia SA (PETRY) reported strong cash flow generation in the third quarter, demonstrating consistency in management and delivery of results.
- The company achieved a return on invested capital (ROIC) of 18.8%, which is a key performance indicator for management remuneration.
- Vibra Energia SA (PETRY) maintained a stable market share throughout 2024, with a slight increase in the third quarter.
- The company paid 1.3 billion in dividends in 2024 and approved 782 million in interest on capital for payment in 2025.
- Vibra Energia SA (PETRY) showed significant growth in its B2B segment, with a 34.5% increase in adjusted EBITDA and a 13% increase in volume compared to the third quarter of 2023.
- Vibra Energia SA (PETRY) faced challenges with market share, losing a significant client which impacted its gas and ethanol market share.
- The company operates in a highly competitive market, which has been affected by macroeconomic factors and volatility.
- There is uncertainty regarding the sustainability of current margin levels due to market dynamics and external factors.
- The company has a high leverage ratio of around 2.5 times, which it aims to reduce by decreasing gross debt.
- Vibra Energia SA (PETRY) faces bureaucratic challenges in monetizing remaining assets, which are harder to sell.
Good morning. Ladies and gentlemen, welcome to Vibra's video conference to discuss the results for the third quarter of 2024.
This video conference is being recorded and the replay can be accessed on the company's website ri.vibraenergia.com.br. The presentation is also available for download. Please advise that all participants will only be watching the video conference during the presentation and then we will begin the Q&A session when further instructions will be provided before proceeding.
I would like to emphasize that the forward-looking statements are based on the beliefs and assumptions of vigorous management and the current information available to the company. These statements may involve risks and uncertainties since they relate to future events and therefore depend on circumstances that may or may not occur.
Investors, analysts and journalists should take into account that events related to the macroeconomic environment, the industry and other factors could cause results to differ materially from those expressed in these forward-looking statements present at
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
