3Q24

3Q24

• 3Q24 Earnings Release:

  • Net Revenue recorded 11.2% growth in 3Q24, with accumulated growth in 9M24 of 8.5%, reaching R$671.1 million
  • Growth in Production Animals, representing 8.9% compared to 9M23
  • Strong growth in Companion Animals, representing 25.9% in 3Q24 and 19.6% in 9M24 compared to the previous year.
  • Strong growth in profitability indicators: Gross margin +5.3 p.p., EBITDA margin +8.5 p.p. and Net margin +10.3 p.p. compared to the previous year.
  • Adjusted EBITDA reaches R$ 139.9 million with 82.1% growth.
  • Maintaining leverage levels at 0.6x EBITDA, with 85% debt in the long term, and an average annual cost of debt of 7.5% p.a.