Quiñenco (QUINENCO) Q1 2026 earnings summary

Executive summary

• Revenue for Q1 2026 reached M$1,395,359, up 1.3% year-over-year, with net income attributable to owners at M$200,067, down from M$205,802 in Q1 2025.

• The group completed a significant sale of Nexans shares, reducing its stake from 9.2% to 4.1%, generating a net gain of approximately US$163 million from the sale and reclassification of the remaining stake.

• The board approved a proposal to distribute 100% of 2025 earnings as dividends, totaling $680,368 million.

Financial highlights

• Consolidated total assets increased to M$70,075,642 as of March 31, 2026, from M$67,705,253 at year-end 2025.

• Total equity attributable to owners rose to M$9,251,449, up from M$7,206,694 at December 2025.

• Net income for Q1 2026 was M$380,205, down from M$502,952 in Q1 2025.

• Gross margin for non-banking businesses was M$204,603, up from M$189,495 year-over-year.

• EPS for Q1 2026 was $0.1203, compared to $0.1238 in Q1 2025.

Outlook and guidance

• The company expects to maintain a strong capital position and liquidity, with no significant changes in risk profile or capital requirements anticipated.

• Dividend policy remains to distribute at least 30% of net income, with the current proposal at 100% for 2025.