Rumo Sa (RUMOF) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning and thank you for waiting. Welcome to Rumo's third quarter 2025 earnings presentation. We would like to inform you that attendees will be on the listen-only mode during the presentation, after which further instructions will be provided and we'll begin the Q&A session. This presentation is being recorded and simultaneous translation is available by clicking on the Interpretation button. If you are listening to the video conference in English, you also have the option to mute the original audio in Portuguese by clicking on Mute Original Audio. Before proceeding, we would like to reiterate that forward-looking statements are based on Rumo's executive board's beliefs and assumptions and information currently available to the company. These statements involve risks and uncertainties as they relate to future events and depend on circumstances that may or may not materialize. We recommend that you refer to the disclaimer on the second page of the presentation. Now, I will turn the conference over to Mr. Felipe Sarraiva, Romo's Head of Investor Relations, to begin the presentation. Please, go ahead, Mr. Sarraiva. Good morning, everyone, and thank you for joining Romo's third quarter 2025 earnings conference call. Let's begin with the highlights on page three of the presentation. We reached a new quarterly record for transported volume, 23.4 billion RTK, up 8% year-over-year. This performance was driven mainly by the northern operation, with the higher volumes in general cargo, especially hardwood pulp, bauxite, and fuel. Our cash cost was another positive highlight this market. We continued to capture energy efficiency, reducing fuel consumption, the main component of our variable costs. In fixed costs and expenses, we recorded a nominal reduction of 36 million...