Dimed, owner of Panvel (PNVL3), reported adjusted net income of R$ 46.4 mn in 3Q26, up 35.4% from 3Q25, with a margin of 2.7% of gross revenue. The group's gross revenue totaled R$ 1,705.2 mn (R$ 1.7 bn), growth of 15.3% in the period. Reported net income was R$ 44.6 mn, up 37.0%.
Adjusted EBITDA (earnings before interest, taxes, depreciation and amortization) was R$ 96.8 mn, up 21.2%, with a margin of 5.7% (+0.3 p.p.). EBIT (operating income) grew 23.1%, to R$ 65.8 mn. Retail gross revenue reached R$ 1.7 bn (+15.3%), and consolidated gross profit was R$ 509.9 mn, with a margin of 29.9%. The figures follow IAS 17/CPC 06.
Same-store sales grew 13.3%, and average sales per store reached R$ 837 thousand per month, up 10.9%. Digital channels totaled R$ 792.4 mn, or 46.6% of retail gross revenue. The company opened 14 stores in the quarter and ended the period with 677 units. Market share in the South Region reached 13.5%, up 0.7 p.p., in the 26th consecutive quarter of gains.
Free cash flow was R$ 19.9 mn, up 24.2%, and total investment came to R$ 45.0 mn. Net debt stood at R$ 320.2 mn, and the net debt/adjusted EBITDA ratio for the last 12 months was 0.8x, versus 1.0x in 3Q25. For 2030, the company projects revenue between R$ 11.5 bn and R$ 12 bn, an EBITDA margin between 6.7% and 7%, and up to 1,000 stores.
In the first nine months of 2026, the Board approved R$ 49.0 mn in JCP (Interest on Equity), equivalent to R$ 0.3283 gross per share. In the period, adjusted net income totaled R$ 123.7 mn (+37.3%) and adjusted EBITDA was R$ 266.5 mn (+24.2%).
