Stock Analysis

São Martinho Full Year 2025 Earnings: Misses Expectations

BOVESPA:SMTO3
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São Martinho (BVMF:SMTO3) Full Year 2025 Results

Key Financial Results

  • Revenue: R$7.16b (up 3.9% from FY 2024).
  • Net income: R$556.7m (down 62% from FY 2024).
  • Profit margin: 7.8% (down from 21% in FY 2024). The decrease in margin was driven by higher expenses.
  • EPS: R$1.67 (down from R$4.26 in FY 2024).
revenue-and-expenses-breakdown
BOVESPA:SMTO3 Revenue and Expenses Breakdown June 26th 2025

All figures shown in the chart above are for the trailing 12 month (TTM) period

São Martinho Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 4.5%. Earnings per share (EPS) also missed analyst estimates by 17%.

The primary driver behind last 12 months revenue was the Sugar segment contributing a total revenue of R$3.24b (45% of total revenue). Notably, cost of sales worth R$5.38b amounted to 75% of total revenue thereby underscoring the impact on earnings. The most substantial expense, totaling R$951.2m were related to Non-Operating costs. This indicates that a significant portion of the company's costs is related to non-core activities. Explore how SMTO3's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 5.8% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Food industry in Brazil.

Performance of the Brazilian Food industry.

The company's shares are down 8.1% from a week ago.

Risk Analysis

Before you take the next step you should know about the 3 warning signs for São Martinho that we have uncovered.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.