In the last 12 months through the second quarter of 2026, Unipar (UNIP3, UNIP5, UNIP6) reported net revenue of R$ 5.2 bn and EBITDA (earnings before interest, taxes, depreciation and amortization) of R$ 925 mn. In June 2026, the company had a cash position of R$ 1.4 bn and a net debt/EBITDA ratio of 2.50x.
In 2Q26, recurring adjusted EBITDA reached R$ 402 mn, growth of 31% compared to 2Q25, when it totaled R$ 306 mn, and 177% versus 1Q26, at R$ 145 mn. According to the company, performance was driven by the higher international average prices of caustic soda and PVC, higher sales volumes of soda and chlorinated products, and the exclusion of a non-recurring negative effect from the provision for negative margin on inventory.
Adjusted net revenue totaled R$ 1.494 bn in 2Q26, versus R$ 1.313 bn in 2Q25 and R$ 1.221 bn in 1Q26. The increase reflects higher sales volumes of caustic soda, PVC and chlorinated products and the rise in international benchmark prices, partially offset by the appreciation of the real against the dollar.
Adjusted cost of goods sold came to R$ 974 mn in 2Q26, compared with R$ 935 mn in 1Q26 and R$ 904 mn in 2Q25. The increase stems from higher sales volumes, higher international prices of Europe-based ethylene and natural gas costs, mitigated by the appreciation of the real against the euro, lower PVC volume and better technical coefficients in Cubatão after a technology replacement.
Net debt declined from R$ 2.394 bn in March 2026 to R$ 2.316 bn in June 2026, a reduction of R$ 78 mn. The company attributes the decrease to operating cash generation, normalization of strategic capex, a competitive average cost of debt and a tax benefit linked to accelerated depreciation of the investments made.
