Rumo Sa (RUMOF) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

And we will 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 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'll turn the conference over to Mr. Felipe Saraiva, Rumo's Head of Investor Relations. Mr. Saraiva, you may begin the presentation. Good afternoon, everyone, and thank you for joining Rumo's earnings conference call for the fourth quarter of 2025. Let me start with the highlights on slide three of the presentation. To close the quarter, we transported volume of R$22.9 billion. the all-time high performance in a four-scale. For the full year, volume increased 5% as a result of structural gains in capacity and operational efficiency. The combination of higher volumes and disciplined execution with lower costs and expenses allowed us to maintain resilient margins. I would like to highlight the 11% nominal reduction in unit fixed costs, showing better productivity levels. Adjusted BIDA reached 1.8 billion BIL in the quarter. an increase of 6% year over year. Investments were 1 billion and a half BRL in the quarter, in line with our planning for the period. Financial leverage at the end of the quarter was 1.9 times the net debt to adjusted EBITDA rati...