ROMI3: quote, dividends and indicators for ROMI

ROMI S.A. is a Brazilian industrial company with a long track record in the capital goods sector, originally founded in 1930 as a small mechanical workshop, Máquinas Agrícolas Romi Ltda., and formally incorporated in its current configuration in 1938. Headquartered in Santa Bárbara d’Oeste (SP), about 130 km from the state capital São Paulo, the company began manufacturing machine tools in 1941, starting with universal lathes under the “IMOR” brand and later “ROMI”. Over the decades, it became an important player in Brazil’s industrialization process, including participation in the establishment of the domestic automotive industry, by producing the first automobile manufactured in the country, the Romi-Isetta, between 1956 and 1961. Its IPO took place in 1972, and common shares ROMI3 are traded on B3’s Novo Mercado segment, with a highly dispersed shareholder base totaling tens of thousands of shareholders. Since 1944, ROMI has also been active in international trade, exporting machines to more than 60 countries, with a track record of approximately 160 thousand units produced and sold, of which around 32.3 thousand were exported.

ROMI’s business model is highly vertically integrated and focused on three major business units: ROMI Machines, Burkhardt+Weber (B+W) Machines, and Cast and Machined Parts. The ROMI Machines unit concentrates the company’s historical core, with the development and production of conventional lathes, CNC lathes, machining centers, turning centers, boring machines, and heavy and extra-heavy vertical and horizontal lathes, as well as plastic processing machines, such as injection molding machines with clamping forces between 70 and 1,500 tons and blow molding machines for parts up to 100 liters. The B+W Machines unit, located in Germany, produces large horizontal machining centers and special 4- and 5-axis machines, aimed at high-precision and high-productivity applications. The Cast and Machined Parts unit is responsible for producing parts in gray, ductile, or vermicular iron, with annual capacity on the order of 50 thousand tons, including large components with individual weights of up to 40 thousand kg, both for internal consumption and for supply to third parties.

From an industrial standpoint, ROMI operates thirteen manufacturing units, eleven in Santa Bárbara d’Oeste and two in Reutlingen, Germany. Four plants are dedicated to final assembly of industrial machines, two are foundries, four perform machining of mechanical components, two manufacture components from steel plates, and one is responsible for assembling electronic panels. The company combines casting, machining, sheet metal fabrication, electro-electronic assembly, and final assembly processes in an integrated production flow. In the ROMI Machines and B+W segments, product and process development is carried out internally by engineering teams, using proprietary technology and collaborating with foreign design firms and institutes, as well as specific technology transfer agreements, as in the case of boring machines. In the Cast and Machined Parts unit, product development starts from drawings and specifications provided by customers, with ROMI being responsible for defining and executing casting, machining, finishing and, in some cases, painting processes, in order to deliver finished parts in line with specific technical requirements.

ROMI’s main end markets include the automotive sector (light and heavy vehicles), agricultural machinery, capital goods, consumer goods, tool and die shops, hydraulic equipment manufacturers, construction, mining, energy, and defense, among other industrial segments. The ROMI Machines unit accounted for about 60.6% of net operating revenue in 2025, reflecting the weight of machine tools and plastic processing machines in consolidated revenue. The Burkhardt+Weber Machines unit contributed 26.0% of revenue in the same year, highlighting the importance of large machining centers and special solutions in the group’s global portfolio. The Cast and Machined Parts unit represented 13.4% of 2025 net operating revenue, acting both as an internal supplier to the other units and as an external supplier to large customers in Brazil and abroad. There is no significant concentration in a single customer representing more than 10% of net operating revenue, and the active customer base is broad, totaling thousands of companies in machines and services and dozens of recurring purchasers in cast and machined parts.

ROMI’s geographic footprint combines a strong production base in Brazil with international operations through sales subsidiaries in North America, Europe, Asia, and Latin America. In addition to its plants in Brazil and Germany, the group has sales and service companies in the United States, Germany, Italy, France, the United Kingdom, Spain, and Mexico, as well as an indirect subsidiary in China, complemented by agents and representatives in several other countries. In 2024, the domestic market accounted for 67.9% of consolidated revenue, equivalent to R$ 828.7 million. Exports were distributed, among others, to China (9.8% of revenue), Germany (7.6%), the United States (3.8%), the United Kingdom (2.2%), France (1.8%), Argentina, Mexico, Sweden, Hungary, Spain, and Peru, with the remaining markets grouped under “others”. Exports of machines produced by B+W in Germany are subject to licensing by the Federal Office for Economic Affairs and Export Control (BAFA), reflecting the need to comply with that country’s foreign trade and security regulations, which may affect lead times and supply conditions for destinations outside the European Union.

ROMI3 shares, listed on B3’s Novo Mercado, are part of governance indices such as IGC-NM, IGC, and ITAG through December 31, 2025, which indicates adherence to transparency practices, protection of minority shareholders, and a corporate structure aligned with the governance standards required by this segment. ROMI’s corporate management is associated with formal compliance policies, including an anti-corruption policy that prohibits direct or indirect electoral donations, sponsorships, or contributions to political campaigns and parties, even through third parties. The group also maintains a risk management framework and national and international insurance policies aimed at mitigating risks inherent to its industrial and commercial operations. Its activities in the financial market also include the creation of Prodz Administração e Gestão de Bens Ltda., a fintech that operates credit lines for financing machines, with the goal of facilitating financed sales of industrial equipment.

In the technological field, ROMI invests continuously in product and process innovation, which has resulted in the filing and granting of dozens of patents in countries in the Americas, Europe, and Asia. Since 2014, the company has focused efforts on solutions aligned with Industry 4.0 concepts, notably the Flexible Manufacturing System (FMS), the ROMI D and GL machine lines, and the Hybrid line, which combines machining operations with additive manufacturing (metal 3D printing). The acquisition of Burkhardt+Weber Fertigungssysteme GmbH in 2011 expanded its portfolio of large machining centers and contributed to international expansion. In 2020, the ROMI MAAS (Machines as a Service) offering was launched, a rental model for new equipment, and in 2021 the company began representing the FANUC Robodrill line in part of South America, strengthening its offering of high-productivity machining solutions. In-house technological development is complemented by collaboration agreements with global companies, including specific technology transfer contracts, such as that related to the manufacture of boring machines.

From a regulatory and sustainability standpoint, ROMI operates in compliance with Brazilian environmental legislation at the federal, state, and municipal levels, subject to obtaining and periodically renewing licenses for its industrial activities, including preliminary, installation, and operating licenses. The units in Santa Bárbara d’Oeste have had a Quality Management System certified under ISO 9001 since 1994, an Environmental Management System certified under ISO 14001 since 2005, and IATF 16949:2016 certification for the Cast and Machined Parts unit, which allows direct supply to the automotive industry. In 2024, the company also obtained ISO 45001 certification for its Occupational Health and Safety Management System. The company maintains a greenhouse gas emissions inventory, monitoring scopes 1, 2, and 3, and has been reporting developments in emissions, highlighting the relative stability of total scope 1 and 2 emissions and the predominance of scope 3, mainly related to the transportation of materials and products.

In the ESG dimension, ROMI publishes its own annual ESG report and, since 2022, has maintained an ESG Portal with information on environmental, social, and governance practices. The management process for material topics considers stakeholder identification and engagement, risk and opportunity analysis, and alignment with the UN Sustainable Development Goals (SDGs). The report is prepared internally, reviewed by Internal Audit, and includes key performance indicators associated with material aspects defined for the business. Historically, the company has also implemented social initiatives, such as the Romi Foundation, established in 1957 by the founder and his wife, focused on medical care, education, and leisure activities for employees and their dependents, reinforcing the social interface of its long-standing industrial operations.