Tegma Gestão Logística S.A. (TGMA3) Earnings Call Transcripts

Tegma Gestão Logística S.A.'s Latest Earnings Call - Q1 FY2026

In the first quarter of 2026, Tegma Gestão Logística S.A. reported net revenue of BRL 521 million, an 18% increase year-over-year, driven primarily by the automotive logistics division. However, net income declined by 11% to BRL 39 million, attributed to increased financial expenses and lower equity income. Management expressed confidence in the automotive market's recovery, despite challenges faced in the logistics sector, particularly with rising diesel prices and idle capacity in certain operations.

Reported metrics

Guidance from management

Management expects full utilization of GDL's facilities during a likely peak of imports in the second and third quarters of 2026, indicating a positive outlook for operational capacity.

What management said

Good afternoon to all. This is Ian Nunes speaking, IR Manager of Tegma. Welcome to the conference call to discuss the earnings concerning the first quarter of 2026. This conference call is being recorded. The replay may be accessed in the company's IR website. [Operator Instructions] After which, we will have the Q&A session when further instructions to participate will be provided. For those listening to the call i...

Thank you, Hal. We will now start the Q&A session for investors analysts. [Operator Instructions]. Apparently, this is unprecedented. We did not receive any questions. That's perhaps a sign that the earnings release was very well explained. So now I will turn the floor back to Nivaldo for his final statements. Nivaldo?

What analysts pressed on

Analysts expressed concerns regarding the impact of rising diesel prices and the company's ability to manage idle capacity effectively. There were also questions about the sustainability of revenue growth amidst operational challenges.

Main topics on the call

• Revenue Growth — Tegma reported net revenue of BRL 521 million, an 18% increase year-over-year, reflecting strong performance in the automotive logistics division. CEO Nivaldo Tuba stated, "the performance of the automotive logistics div...
• Decline in Net Income — Net income fell by 11% to BRL 39 million, impacted by increased financial expenses and lower equity income. CFO Ramon Filho noted that this decline was due to "the high distribution of earnings in the previous quarter."
• EBITDA Margin Pressure — The EBITDA margin decreased to 13.7%, down 1.6 percentage points year-over-year, primarily due to weaker operating results in the automotive division. Ramon Filho highlighted that this was influenced by "idle capacity at...
• Operational Challenges — Management cited rising diesel prices and idle capacity as significant challenges. The CFO mentioned that the "significant and sudden increase in diesel prices in March" had a temporary negative impact on results.

Read the full Tegma Gestão Logística 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 27 Tegma Gestão Logística S.A. earnings call transcripts on record, spanning April 1, 2020 to August 4, 2026. Based on this history, Tegma Gestão Logística S.A. reports quarterly. The most recent call on file is dated August 4, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

TGMA3

Exchange

BOVESPA

Country

BR

Sector

Industrials

Industry

Ground Transportation

Calls on record

27

First call

April 1, 2020

Most recent

August 4, 2026

Reporting cadence

quarterly