Business
Grupo SBF: Record profitability and cash flow drove sharp deleveraging and margin expansion in 3Q24
Grupo SBF: Record profitability and cash flow drove sharp deleveraging and margin expansion in 3Q24
About this update from Grupo Sbf S.a.
Grupo SBF posted record LTM EBITDA and net income, with 3Q24 net profit up 71.8% and gross margin at 50.3%. Strong cash generation drove a 62.5% reduction in net debt, while Centauro and Fisia improved profitability despite mixed revenue trends.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.