Grupo Mateus SaBMFBOVESPA: GMAT3

Grupo Mateus: Net income up 20.9% and EBITDA margin at 8.2%, driven by strong Cash & Carry growth

· Issued by Grupo Mateus SA

Net income rose 20.9% to BRL 379.2 million, with net revenue up 20.2% and EBITDA margin at 8.2%. Expansion in Cash & Carry and Wholesale drove growth, while leverage remained low at 0.56x net debt/EBITDA.

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