Allos S.A. (ALOS3) Earnings Call Transcripts

Allos S.A.'s Latest Earnings Call - Q1 FY2026

In the first quarter of 2026, Allos S.A. reported a revenue of BRL 683 million, reflecting an 11% year-over-year growth, which was slightly below expectations. The company achieved an EBITDA of BRL 490 million, growing 12% with a margin of 72.2%. Management highlighted a positive trend in sales acceleration, with shopping mall sales up 6.5% and same-store sales increasing by 5%. However, concerns regarding delinquency rates and the impact of the Tijuca Shopping incident were noted, leading to cautious guidance for the upcoming quarters.

Reported metrics

Guidance from management

Management expects sales trends to remain consistent with Q1 performance, with a cautious outlook on delinquency rates and macroeconomic conditions. They did not provide specific numerical guidance but indicated a focus on maintaining operational efficiency.

What management said

Ana Julia, so insurance and provision, we are dealing with our insurance company. These processes are long, and the company advances the Dow. And receives from the insurers. There was a big impact on the first quarter because the shopping mall was closed. So as Vicente said, as the stores are reopening, we will replenish the impact. The impact should be lower. And as we received from the insurance, we are going to re...

Our perception is very similar to what we've seen in the first quarter in April and May. We have a positive expectation for Mother's Day. It's moving along the same speed. We are trusting that is going to work.

What analysts pressed on

Analysts expressed concerns regarding the impact of the Tijuca Shopping incident on delinquency rates and future revenue. There were also questions about the sustainability of sales growth in light of macroeconomic pressures and inflation affecting tenants.

Main topics on the call

• Sales Growth Acceleration — Allos reported a 6.5% increase in shopping mall sales and a 5% growth in same-store sales, indicating a strong operational performance. Management stated, "2026 started with a strong operational development," reinforcing...
• Impact of Tijuca Shopping Incident — The management acknowledged that the Tijuca Shopping incident had a significant impact on the quarter's results, particularly affecting delinquency rates, which reached 3.6%. They noted, "If we exclude the effect, the in...
• Media Revenue Growth — Media revenue grew by 52% year-over-year, now representing 7.4% of Allos' gross revenue. Management highlighted this as part of their strategy to enhance non-real estate revenues, stating, "This performance reflects a bi...
• Real Estate Development Pipeline — Allos has a robust real estate development pipeline with 2 million square meters planned, aiming for significant recurring revenue. Management expressed confidence in future cash flows, stating, "We have the ambition of ...

Read the full Allos S.A. transcript (Q1 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 25 Allos S.A. earnings call transcripts on record, spanning March 12, 2020 to August 7, 2026. Based on this history, Allos S.A. reports quarterly. The most recent call on file is dated August 7, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

ALOS3

Exchange

BOVESPA

Country

BR

Sector

Real Estate

Industry

Real Estate Management and Development

Calls on record

25

First call

March 12, 2020

Most recent

August 7, 2026

Reporting cadence

quarterly