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Ouro Fino Saúde Animal Participações (OFSA3) investor relations material
Ouro Fino Saúde Animal Participações Q2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Consolidated net revenue for the first half of 2026 reached R$589.1 million, up 31.3% year-over-year, with strong growth across all business segments and outpacing market competitors.
Net income attributable to shareholders was R$40.1 million for the first half, up from R$26.3 million in 2025, and adjusted net income for 6M26 was R$36.7 million, up 41.7% year-over-year.
Recognized for innovation and workplace quality, including FINEP and Valor Inovação Brasil awards, and ranked among top agribusiness companies in Brazil.
Completed the incorporation of Ouro Fino Agronegócio Ltda., consolidating commercial operations and strengthening market position.
Expansion plans underway for the South Cone (Argentina, Uruguay, Paraguay), with legal entities being established and regulatory work in progress.
Financial highlights
Gross profit for 6M26 was R$302.4 million, with a gross margin of 51.3%, up from R$225.2 million and 50.2% in the prior year.
Adjusted EBITDA for 6M26 was R$105.4 million, up 54.0% year-over-year, with a margin of 17.9%.
Operating cash flow reached R$183.7 million in 6M26, with cash and equivalents at R$369.0 million at period end.
Financial leverage improved, with Net Debt/LTM Adjusted EBITDA at 0.43x and 87% of debt in the long term.
Average cost of debt was 8.69%, 5.46 p.p. below the Selic rate.
Outlook and guidance
Management anticipates continued revenue expansion, strong third quarter due to seasonal factors and trade events, and focus on anti-parasite and reproduction products.
No formal guidance provided, but management remains committed to portfolio expansion, innovation, and sustainable long-term value creation.
Monitoring risks such as Super El Niño, Chinese market dynamics, and Brazilian tax reform.
- Innovation-driven animal health leader with strong growth and broad LATAM market presence.OFSA3
Company presentation - Revenue ex-FMD up 7.3%, profitability and cash flow improved, net debt and leverage down.OFSA3
Q2 2024 - Double-digit revenue and margin growth in Q3 2024, led by new products and efficiency.OFSA3
Q3 2024 - Net revenue up 26.1% in 4Q24, with record profitability and seven new product launches.OFSA3
Q4 2024 - Revenue up 6.3% YoY, but margins and net income fell on higher costs and capital reduction.OFSA3
Q1 2025 - 2Q25 revenue up 19.3%, EBITDA up 26.5%, led by production animals and capital returned to shareholders.OFSA3
Q2 2025 - Net revenue up 26.2% and EBITDA up 30.6%, with strong cash generation and innovation-led growth.OFSA3
Q3 2025 - Net revenue rose 19.5% and net income surged, supported by innovation and international growth.OFSA3
Q4 2025 - Net revenue up 32.1% to R$250.5m, gross profit up 46.9%, and EBITDA up 139.0%.OFSA3
Q1 2026
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