Tres Tentos Agroindustrial SA
BOVESPA:TTEN3

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Tres Tentos Agroindustrial SA Logo
Tres Tentos Agroindustrial SA
BOVESPA:TTEN3
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Price: 17.33 BRL 0.76% Market Closed
Market Cap: 8.7B BRL

Tres Tentos Agroindustrial SA
Investor Relations

In the heart of Brazil's vibrant agricultural belt, Tres Tentos Agroindustrial SA stands as a testament to innovation and resilience in the agribusiness sector. Founded with a vision to transform the agricultural landscape, the company has grown into a formidable player equipped with a fully integrated supply chain that spans from the fields to the consumer’s table. Tres Tentos is intricately involved in the production, processing, and commercialization of grains, particularly soybeans and corn. By strategically controlling various stages of the production process, the company not only ensures a high-quality product but also maximizes efficiency and profitability. This vertical integration allows Tres Tentos to capitalize on economies of scale and deliver value both to the farmers they partner with and the end-market consumers.

Beyond its core operations in grain production, Tres Tentos has diversified its portfolio to include agricultural inputs and services, running a robust network that supplies seeds, fertilizers, and agrochemicals to local farms. This expansion into inputs reflects a smart strategy of capturing additional revenue streams while nurturing client loyalty through comprehensive service offerings. Furthermore, the company has invested heavily in modernizing its infrastructure, utilizing state-of-the-art technology to enhance productivity and sustainability. By leveraging advanced techniques like precision agriculture and data analytics, Tres Tentos not only boosts crop yields but also aligns itself with contemporary ecological standards. Through this dynamic approach, Tres Tentos Agroindustrial SA effectively sustains its competitive edge in the global market, all while fostering sustainable growth and innovation in Brazil's agricultural sector.

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Last Earnings Call
Fiscal Period
Q3 2025
Call Date
Nov 14, 2025
AI Summary
Q3 2025

Revenue Growth: Três Tentos delivered a strong Q3 2025, with net operating revenue reaching nearly BRL 5 billion, up about 43% year-on-year.

Profitability: All major profit metrics—gross profit, EBITDA, and net income—showed steady and significant growth, with an adjusted EBITDA margin of 13.3% for the quarter.

Hedging Success: The company's disciplined hedging strategy offset operational margin pressures, adding BRL 202 million to results and providing resilience amid industry volatility.

Industrial Expansion: Major industrial projects are progressing, with the Porto Alegre do Norte plant set to open in early 2026 and several other facilities ramping up capacity.

Inputs & Market Share: Inputs (seeds, crop protection) performed strongly, with robust sales and margin growth, helping gain market share in both mature and newer regions.

Canola Opportunity: Canola processing is ramping up, with expectations for acreage to nearly double next year and margins to benefit from higher oil content compared to soy.

Credit and Working Capital: The company is selectively extending more credit to growers amid tighter national credit conditions, supported by its financial arm, TentosCap.

Guidance Maintained: Management reaffirmed guidance on soybean crushing volumes for 2025, despite operational challenges and tight margins.

Key Financials
Net Operating Revenue
BRL 4.3 billion
Net Revenue (Q3 2025)
close to BRL 5 billion
Net Revenue (9 months YTD 2025)
above BRL 12 billion
Adjusted EBITDA (Q3 2025)
BRL 166 million
Adjusted EBITDA with Liquidated Contracts (Q3 2025)
BRL 368 million
Adjusted EBITDA Margin (Q3 2025)
13.3%
EBITDA Margin including Hedging (Q3 2025)
7.4%
EBITDA Margin with Hedging (YTD 2025)
6.5%
Financial Result from Hedging (Q3 2025)
BRL 202 million
Net Debt (YTD 2025)
BRL 1.579 billion
Net Debt / EBITDA
1.45x
CapEx (TTM)
BRL 629 million
Cash Generated (Q3 2025)
BRL 225 million
Soybean Crushing Capacity (Year-end target)
10,500 tons per day
Soybean Crushing Volume (2025 guidance)
2.6 million tons
Earnings Call Recording
Other Earnings Calls

Management

Mr. Joao Marcelo Dumoncel
Founder, Chairman, COO & Member of Executive Board
No Bio Available
Mr. Luiz Osorio Dumoncel
Founder, Vice Chairman, CEO, Investor Relations Officer & Member of Executive Board
No Bio Available
Mr. Cristiano Machado Costa
CFO & Member of Management Board
No Bio Available
Mr. Eduardo Augusto P. de Menezes Filho
Commercial Director, Partner & Member of Executive Board
No Bio Available
Mr. Benhur Vione
Input Director & Member of Executive Board
No Bio Available
Mr. Luiz Augusto Utzig Dumoncel
Commodities Director & Member of Executive Board
No Bio Available
Mr. Leandro Carlos Carbone
Industrial Director & Member of Executive Board
No Bio Available
Mr. Marcelo Dumoncel Tagliari
Administrative Director & Member of Executive Board
No Bio Available
Mr. Alan Eneas Araldi
Marketing Director & Member of Executive Board
No Bio Available
Mr. Luiz Pedro Dumoncel
Director of Financial Services & Member of Executive Board
No Bio Available

Contacts

Address
RIO GRANDE DO SUL
Av. Principal, 187 - Caixa postal 41, Santa Barbara do Sul
Contacts
+555533723700
www.3tentos.com.br