On Tuesday, July 14, 2026, Camil Alimentos (CAML3) reported net income of R$ 28.0 million in the first quarter of 2026 (1Q26), down 57.6% year over year, with a net margin of 1.0%. In the same period, the company posted net revenue of R$ 2.7 billion, a 0.7% decline compared to 1Q25, and EBITDA (earnings before interest, taxes, depreciation and amortization) of R$ 210.0 million, a 9.9% drop on the same basis, with a margin of 7.9%.
Consolidated sales volume reached 593.6 thousand tons in 1Q26, up 17.9% from the previous year, driven by high-turnover segments in Brazil, high-value segments and international operations. Gross profit totaled R$ 651.8 million, an increase of 7.5% year over year, with a gross margin of 24.4%, 1.9 percentage points above 1Q25.
In Brazil, net revenue was R$ 2.0 billion, an increase of 4.8% over 1Q25, with EBITDA of R$ 173.6 million, up 6.6% and a margin of 8.6%. In the international segment, net revenue totaled R$ 642.1 million, a 14.9% year-over-year decline, and EBITDA came to R$ 36.4 million, a 48.2% drop, with a margin of 5.7%.
Net financial result was an expense of R$ 142.0 million in the quarter, 19.9% higher than in 1Q25, influenced by interest on borrowings, exchange rate variation and derivatives. Income Tax and Social Contribution on Net Income (CSLL) produced a positive effect of R$ 30.4 million, associated with exclusions of ICMS subsidies and tax benefits, including operations in Uruguay.
Camil’s gross debt closed 1Q26 at R$ 5.7 billion, up 8.2% in 12 months, while net debt was R$ 4.2 billion, an increase of 16.6%. The net debt/EBITDA ratio for the last 12 months reached 4.7x, compared to 4.1x in 1Q25. Investments (Capex) totaled R$ 77.5 million in the quarter, a 35.3% year-over-year decline, reflecting the completion of construction work at the Cambaí (RS) unit and a return to maintenance levels.
