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Sequoia Logística e Transportes (SEQL3) investor relations material
Sequoia Logística e Transportes Q2 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Executive summary
Achieved 77% of mapped synergies, generating over R$80M in annual savings by July 2024.
Integration of Sequoia and Move3 completed, creating a major logistics player with competitive advantages in e-commerce and technology logistics.
Net debt reduced by 48% versus 1Q24, with extended amortization periods.
New board members with expertise in innovation, operations, and financial restructuring appointed.
Strengthened ESG agenda, focusing on socio-environmental impact and financial sustainability.
Financial highlights
2Q24 net revenue reached R$243.4M, up from R$191.3M in 2Q23, driven by focus on profitable clients.
Gross margin improved to 4.9% in 2Q24 from -18.1% in 2Q23; EBITDA loss narrowed to R$16.2M from R$66.0M.
6M24 net revenue was R$519.5M, up from R$493.4M in 6M23; gross margin rose to 4.4% from -1.5%.
2Q24 gross revenue reached R$282M, up 26.5% year-over-year; 6M24 gross revenue at R$596.3M, up 2.8%.
Adjusted net loss for 2Q24 was R$118.8M, a 20.5% improvement year-over-year.
Outlook and guidance
Focus remains on profitable operations and routes, with gradual volume resumption.
Ongoing implementation of mapped synergies, targeting over R$100M in annualized savings.
Growth agenda to be prioritized after completion of creditor restructuring.
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