April 14, 2026
Share price at 04/13/2026
ROMI3 - R$ 7.51 per share
Market value
R$ 699.71 million
USD$ 139.28 million
Number of shares
Common: 93,170,747
Free float = 50.8%
Earnings Conference Call
Simultaneous translation (Portuguese - English)
April 15, 2026 - 11:00 a.m. (São Paulo) | 3:00 p.m. (London) | 10:00 a.m. (New York)
Click here to access the conference call
Zoom ID 864 5228 1167
+55 11 4680 6788
Summary
Summary 2
Message from Management 3
Highlights 4
Other Highlights 4
Corporate Profile 6
Current Economic Scenario 7
Industrial Entrepreneur Confidence Index - ICEI 7
Average Installed Capacity Utilization (UCI) 8
Market 9
Order Intake 9
Order Backlog 10
Net Operating Revenue by Business Unit 10
BURKHARDT+WEBER MACHINES 11
Net Operating Revenue per Geographical Region 11
Gross and Operating Margins 12
EBITDA and EBITDA Margin 13
Adjusted Profit for the Period 13
Evolution of Net Cash (Debt) Position 14
Financial Position 15
Capital Markets 16
Consolidated Balance Sheet 17
Consolidated Income Statement 18
Consolidated Cash Flow Statement 19
Attachment I - Income Statement by Business Unit 20
Attachment II - Financial Statements of B+W 21
Message from Management
We concluded the first quarter of 2026 with solid volumes of new business and a robust order backlog for the coming quarters, reinforcing the resilience of our business model even in a challenging economic environment.
The consolidated order backlog increased by 8.5% compared to the backlog at the end of 2025, mainly driven by the B+W Machines business unit. According to Company data, the order backlog of this unit reached R$499.1 million at the end of 1Q26, representing a 16.1% increase compared to the same period of 2025 - an expansion that reflects strong demand for high-complexity, customized solutions.
The diversification strategy - with a focus on the machine rental business and the fintech PRODZ - has proven to be sound and increasingly relevant in the composition of our results. In 1Q26, 81 new machines were rented, consolidating this front as an important pillar of value generation for our customers.
The gross margin in 1Q26 increased by 0.7 percentage points compared to the same period of the previous year, reflecting operational efficiency and the diversification of solutions mentioned above.
In Germany (B+W), the projects scheduled for 1Q26 were delivered on time, while new order intake during the quarter reached R$80.3 million, with an order backlog of R$499.1 million to be executed in 2026 and 2027, confirming the effectiveness of our approach focused on customized and high-complexity technological solutions.
The Castings and Machining unit continues to face challenges related to demand in the wind, automotive and agricultural sectors. We remain focused on the gradual recovery of productivity, supported by process review initiatives and the development of higher value-added solutions.
We are confident that our competitive advantages and constant pursuit of excellence will allow us to maintain a sustainable business pace. We will continue investing in innovation, digital technologies, and the training of our team, aware that the success of ROMI is directly linked to the success of our customers, employees and partners.
Fábio B. Taiar - Investor Relations Officer.
(19) 3455-9418 |dri@romi.com
Investor Relations - Contact
Santa Bárbara d'Oeste - São Paulo, April 14, 2026
ROMI S.A. ("ROMI" or "Company") (B3: ROMI3), domestic market leader in the Machine Tools and Plastic Processing Machines markets, as well as an important producer of Rough and Machined Cast Iron Parts, announces its results for the first quarter of 2026 ("1Q26"). Except where otherwise stated, ROMI's operating and financial information is presented on a consolidated basis, in accordance with the International Financial Reporting Standards (IFRS).
Statements contained in this release related to ROMI's business outlook, projections of operating and financial results and references to the Company's growth potential are mere forecasts and have been based on Management's expectations regarding its future performance. These expectations are highly dependent upon market behavior, the economic situation in Brazil, the industry and international markets. Therefore, they are subject to changes.
Luiz Cassiano Rando Rosolen - Chief Executive Officer
Highlights
The consolidated order backlog reached R$ 814.2 million at the end of 1Q26, an increase of 8.5% compared to 4Q25.
Adjusted EBITDA R$7.4 million margin of 3.3%
The consolidated gross margin in 1Q26 increased by 0.7 percentage points compared to 1Q25, with special mention to the B+W Machines Unit.
Order Intake R$291.9 million
In the B+W Machines Unit, net operating revenue stood out, reaching R$64.9 million in the first quarter of 2026, with a gross margin of 32.2% and an EBIT margin of 5.0%, representing increases of 18.7 percentage points and 10.5 percentage points, respectively, compared to the same period of the previous year.
Order Backlog R$814.2 million
In the B+W Machines Unit, the order backlog in 1Q26 showed a growth of 16.1% compared to the same period in 2025, reaching R$ 499.1 million.
Other Highlights
From March 2 to 6, Romi participated in the 33rd edition of BIEMH (Biennial International Machine Tool Exhibition), a global showcase for the latest innovations in machinery and industrial equipment. Reinforcing its market leadership, strengthening relationships with strategic partners, and expanding its international visibility, Romi aligned itself with the best practices and technological solutions available in the global market.
From March 4 to 6, 2026, Romi also participated in the 24th edition of MECSPE 2026, the leading international fair for the manufacturing industry, held at the BolognaFiere exhibition center in Bologna, Italy.
1Q26/4Q25
R$'000 1Q25 4Q25 1Q26 Chg.
Chg.
1Q26/1Q25
Revenue
ROMI Machines (units) | 180 | 280 | 123 | -56.1% | -31.7% |
Burkhardt+Weber (units) | 4 | 5 | 2 | -60.0% | -50.0% |
Rough and Machined Cast Iron Parts (tons) | 2,351 | 1,570 | 1,854 | 18.1% | -21.1% |
Net Operating Revenue | 273,095 | 388,239 | 220,971 | -43.1% | -19.1% |
Gross margin (%) | 24.4% | 32.1% | 25.1% | ||
Operating Income (EBIT) | 1,406 | 60,506 | (9,844) | -116.3% | -800.1% |
Operating margin (%) | 0.5% | 15.6% | -4.5% | ||
Operating Income (EBIT) - adjusted (*) | 1,130 | 47,868 | (9,829) | -120.5% | -969.5% |
Operating margin (%) - adjusted (*) | 0.4% | 12.3% | -4.4% | ||
Net Income | 10,088 | 32,352 | 2,365 | -92.7% | -76.6% |
Net margin (%) | 3.7% | 8.3% | 1.1% | ||
Net Income - adjusted (*) | 9,819 | 40,389 | 2,379 | -94.1% | -75.8% |
Net margin (%) - adjusted (*) | 3.6% | 10.4% | 1.1% | ||
EBITDA | 18,247 | 78,818 | 7,348 | -90.7% | -59.7% |
EBITDA margin (%) | 6.7% | 20.3% | 3.3% | ||
EBITDA - adjusted (*) | 17,971 | 66,180 | 7,363 | -88.9% | -59.0% |
EBITDA margin (%) - adjusted (*) | 6.6% | 17.0% | 3.3% | ||
Investments ( ** ) | 38,570 | 37,357 | 45,109 | 20.8% | 17.0% |
(*) 1Q25, 4Q25 and 1Q26: EBIT and EBITDA were adjusted by the amounts of R$276, R$12,638 and (R$15), respectively; and net income by the amounts of R$269, (R$8,037) and (R$14), respectively, related to the recognition of the present value adjustment (PVA), as well as the impacts of the Vila Romi Residence and Adara projects.
(**) Of the investments made in 1Q25, 4Q25, and 1Q26, the amounts of R$31.2 million, R$25.8 million, and R$36.0 million, respectively, refer to machines manufactured by the Company, allocated to the machine rental business.
Corporate Profile
Founded in 1930, ROMI is a leader in the Brazilian market for industrial machines and equipment, and a key manufacturer of cast and machined parts.
Notably, ROMI is publicly listed on the B3 exchange's prestigious "New Market" segment, which is dedicated to companies with a strong commitment to corporate governance. Specializing in an extensive range of machine tools, ROMI manufactures Conventional Lathes, Computerized Numerical Control (CNC) Lathes, Lathing Centers, Machining Centers, Vertical and Horizontal Heavy and Extra-Heavy Lathes, and Drilling Mills. Additionally, ROMI manufactures Plastic Injection and Blow Molding Machines, as well as ductile or CDI gray cast iron parts, both raw and machined. A distinguishing feature of ROMI's products and services lies in its incorporation of Industry 4.0 technologies across its products and services. These advanced capabilities facilitate the intelligent utilization of data generated by ROMI equipment. The data can be processed internally through built-in artificial intelligence or transmitted via networks (connectivity) to a central analysis site. These high-quality equipment and solutions are globally distributed and widely adopted across various industrial sectors. Industries such as agricultural machinery, capital goods, consumer goods, packaging, tooling, hydraulic equipment, sanitation, automotive, and wind energy rely on ROMI's machinery for their operations.
ROMI operates a network of thirteen manufacturing units. These units encompass four facilities dedicated to the final assembly of industrial machinery, two foundries, four units for machining mechanical components, two units for manufacturing steel sheet components, and one unit for the assembly of electronic panels. While eleven units are based in Brazil, two are located in Germany. The Company's production capacity amounts to approximately 2,900 industrial machines and 50,000 metric tons of castings per year.
Current Economic Scenario
In early 2026, the Industrial Entrepreneur Confidence Index (ICEI) recorded a further decline, reaching 46.6 points in March 2026 and remaining below the 50-point threshold. This performance reinforces a cautious stance among industrial entrepreneurs, influenced by uncertainties in the economic environment and expectations that the benchmark interest rate will remain at elevated levels in the short term. Historically, readings below 50 indicate a more cautious perception among industrialists, signaling that uncertainties regarding the consolidation of the economic recovery still persist.
The external environment remains a point of attention due to growth challenges in major global economies, adjustments in monetary policies, recent uncertainties regarding increases in import tariffs, and persistent geopolitical tensions. Despite the need for caution, especially in investment decisions, we have strengthened our commercial and after-sales service structures at our overseas subsidiaries in order to continue expanding our presence in the markets where we operate and, above all, to consistently enhance customer experience. During the first months of the year, we achieved our initial objectives and remain focused on ROMI's growth in foreign markets.
Industrial Entrepreneur Confidence Index - ICEI
Source: CNI - ICEI, March 2026.
Average Installed Capacity Utilization (UCI)
According to data from the National Confederation of Industry (CNI), the Installed Capacity Utilization Index (UCI) of the Brazilian industry reached 66% in February 2026, for the third consecutive month. The indicator remains 3 percentage points below the level observed in the same period of the previous year. With this result, the UCI recorded its lowest level for the month of February since 2019, when it also stood at 66%.
Source: CNI - UCI, February 2026.
The capital goods industry is dynamic, requiring careful production management by companies to keep up with demand fluctuations. With this in mind, we reorganized our operations to make them more agile and responsive to market changes. In recent years, we have implemented several initiatives focused on optimizing indirect resources, as well as automating and digitalizing internal processes. These actions enable us to respond quickly and efficiently to transformations, strengthening our adaptability in an ever-evolving environment.
The Company has strategically prioritized the development of new product generations aligned with the technological advancements of Industry 4.0. This strategic focus has yielded significant advancements in technological content, resulting in a successful market reception of our recent product launches, both domestically and internationally. Looking ahead, ROMI remains committed to launching new machine generations and integrating cutting-edge technologies into our product portfolio, ensuring our continued relevance and competitiveness in the industry. In mid-2020, we also launched a solution for our customers, the rental of ROMI machines. This solution has proven to be highly competitive and has provided our customers with more business opportunities. With the aim of financially supporting our customers, in 2022 we created PRODZ, a company which offers credit lines for the purchase of machines, directly from ROMI, in an easy, agile, digital and uncomplicated way. Since 2022, PRODZ has supported 539 businesses, totaling R$206 million in credits granted to our customers. These new solutions have supported a large number of customers on their journeys of growth and success, demonstrating ROMI's strategic purpose of taking care of the success of its customers.
In the foreign market, we have continuously worked to improve our customer service structures, aiming to provide an increasingly satisfactory experience. We are convinced that this ongoing commitment is essential to consolidate our presence and promote sustainable and consistent international growth.
Market
The Company's main competitive advantages in the market - continuous investments in product development and cutting-edge solutions, a direct domestic distribution network, in-house and ongoing technical assistance, machine rental services, availability of attractive local-currency financing for customers, and short product delivery times - are widely recognized, reinforcing the traditional and prestigious reputation of the ROMI brand.
1Q26/4Q25
Order Intake
Order Entry (R$ 000)
Gross Values, sales taxes included
1Q25 4Q25 1Q26 Chg.
Chg.
1Q26/1Q25
ROMI Machines 234,082 Burkhardt+Weber Machines 134,252 Rough and Machined Cast Iron Parts 54,077 | 114,470 36,256 32,097 | 176,187 80,251 35,475 |
Total * 422,411 | 182,823 | 291,913 |
53.9% | -24.7% |
121.3% | -40.2% |
10.5% | -34.4% |
59.7% | -30.9% |
* The informed amounts related to order intake and order backlog do not include parts and services.
In 1Q26, the ROMI Machines Unit recorded a 24.7% decrease in order intake compared to the same period of 2025, reflecting a higher level of uncertainty in the domestic market. Despite this reduction, the Company continues to direct its efforts toward the pursuit of new business opportunities and the expansion of its presence across different markets. With a continued focus on technology and innovation, ROMI reinforces its commitment to competitiveness, value creation, and the success of its customers.
As previously mentioned, the new generations of products - featuring significant technological advances in mechatronics, thermal compensation and connectivity - have also enabled the Company to pursue competitive alternatives to support new business for customers, such as machine rental. In 1Q26, 81 new machines were rented or 84 new contracts were signed (67 machines in 1Q25 or 76 new contracts), totaling approximately R$25.8 million (R$26.4 million in 1Q25).
In the first quarter of 2026, the German subsidiary B+W recorded R$80.3 million in new order intake, demonstrating its expertise in developing competitive technological solutions with a high degree of complexity and customization.
The Castings and Machining Unit recorded a 34.4% decline in order intake in 1Q26 compared to the same period of 2025, reflecting the continued slowdown in the commercial automotive and agricultural segments.
Order Backlog
Order Backlog (R$ 000)
Gross Values, sales taxes included
1Q25 4Q25 1Q26 Chg.
Chg.
1Q26/1Q25
ROMI Machines 325,179 Burkhardt+Weber Machines 429,962 Rough and Machined Cast Iron Parts 62,704 | 200,245 494,640 55,483 | 263,144 499,086 52,006 |
Total * 817,845 | 750,368 | 814,236 |
31.4% | -19.1% |
0.9% | 16.1% |
-6.3% | -17.1% |
8.5% | -0.4% |
1Q26/4Q25
* The informed amounts related to order intake and order backlog do not include parts and services.
In 1Q26, the order backlog posted a slight decrease of 0.4% compared to the same period of 2025, with emphasis on the German subsidiary B+W.
During the same period, the subsidiary continued to demonstrate its strong capability in developing advanced technological solutions characterized by a high level of complexity and customization. This performance contributed to the expansion of its order backlog, which reached R$499.1 million, representing a 16.1% increase compared to the previous year. It is worth noting that the order backlog recorded by B+W at the end of the first quarter of 2026 includes contracts related to projects scheduled for delivery in 2026 and the first half of 2027.
Net Operating Revenue by Business UnitThe Company's net operating revenue in 1Q26 totaled R$221.0 million, representing a decrease of 19.1% compared to 1Q25. This performance mainly reflects lower revenue from ROMI machines and rough and machined cast iron parts.
Quarter
1Q26/4Q25
Net Operating Revenue (R$ 000) 1Q25 4Q25 1Q26 Chg.
Chg.
1Q26/1Q25
ROMI Machines Burkhardt+Weber Machines Rough and Machined Cast Iron Parts | 155,870 73,277 43,948 | 242,374 113,663 32,202 | 121,103 64,919 34,949 | -50.0% -42.9% 8.5% | -22.3% -11.4% -20.5% |
Total | 273,095 | 388,239 | 220,971 | -43.1% | -19.1% |
ROMI MACHINES
The net operating revenue of this Business Unit reached R$121.1 million in 1Q26, representing a decrease of 22.3% compared to the same period of 2025.
It is important to highlight that revenue from the machine rental business has become increasingly relevant to this Unit's total revenue and is recognized monthly in accordance with rental values. Therefore, the growth in this Unit's revenue derived from rentals will be reflected gradually over time.
BURKHARDT+WEBER MACHINES
The German subsidiary B+W recorded net operating revenue of R$64.9 million in the first quarter of 2026, representing a decrease of 11.4% compared to the same period of the previous year. This reduction in the quarter is mainly due to the project delivery schedule, while the order backlog of this business unit remains solid for deliveries in the coming quarters.
ROUGH AND MACHINED CAST IRON PARTS
The net operating revenue of this Business Unit totaled R$35.0 million in 1Q26, representing a volume 20.5% lower compared to 1Q25, mainly due to the reduction in business volume in recent quarters.
Net Operating Revenue per Geographical Region
The domestic market accounted for 62% of ROMI's consolidated revenue in 1Q26 (64% in 1Q25). When considering the revenue generated from foreign markets, which includes sales by ROMI subsidiaries abroad (Germany, China, Spain, United States, France, Italy, Mexico and United Kingdom) as well as direct sales to other markets, the distribution of ROMI's consolidated revenue by geographical region was as follows:
1Q25
1Q26
Brazil 64%
Asia
14%
Europe 16%
LatAm 4%
USA
2%
Brazil 62%
Asia 3%
Europe
15%
LatAm
3%
USA
17%
The following shows the foreign market revenue, in Reais (R$) and in US dollars (US$):
Foreign Sales QUARTER
1Q26/4Q25
1Q25 4Q25 1Q26 Chg.
Chg.
1Q26/1Q25
Net Sales (R$ million) | 98.0 | 155.4 | 85.2 | -45.2% | -13.1% |
Net Sales (US$ million) | 16.8 | 28.8 | 16.2 | -43.8% | -3.6% |
Gross and Operating Margins
The gross margin obtained in 1Q26 was 25.1%, representing an increase of 0.7 percentage points compared to 1Q25. Reflecting the significant improvement in the performance of the German subsidiary B+W. The adjusted operating margin (adjusted EBIT) in the same period was negative at 4.4%, reflecting the 19.1% reduction in net operating revenue.
Quarter
Gross Margin | 1Q25 | 4Q25 | 1Q26 | Chg. 1Q26/4Q25 | Chg. 1Q26/1Q25 |
ROMI Machines | 45.1% | 38.2% | 37.0% | (1.2) | (8.1) |
Burkhardt+Weber Machines | 13.5% | 31.9% | 32.2% | 0.3 | 18.7 |
Rough and Machined Cast Iron Parts | -30.7% | -13.5% | -29.7% | (16.2) | 1.0 |
Total | 24.4% | 32.1% | 25.1% | (7.0) | 0.7 |
Quarter | |||||
EBIT Margin - Adjusted (*) | 1Q25 | 4Q25 | 1Q26 | Chg. 1Q26/4Q25 | Chg. 1Q26/1Q25 |
ROMI Machines | 17.5% | 18.4% | 3.9% | (14.5) | (13.6) |
Burkhardt+Weber Machines | -5.5% | 14.5% | 5.0% | (9.5) | 10.5 |
Rough and Machined Cast Iron Parts | -50.4% | -40.7% | -50.9% | (10.2) | (0.5) |
Total | 0.4% | 12.3% | -4.4% | (16.7) | (4.8) |
(*) 1Q25, 4Q25 and 1Q26: EBIT and EBITDA were adjusted by the amounts of R$276, R$12,638 and (R$15), respectively related to the recognition of the present value adjustment (PVA), as well as the impacts of the Vila Romi Residence and Adara projects.
ROMI MACHINES
The gross margin of this Business Unit was 37.0% in 1Q26, representing a decrease of
8.1 percentage points compared to the same quarter of 2025. This reduction was mainly due to the appreciation of the Brazilian Real against the U.S. Dollar and the revenue mix, with a higher share of the foreign market. Despite the reduction observed, this business unit's operating margins remain stable, even in a more challenging macroeconomic environment.
The adjusted EBIT in the same comparison period decreased by 13.6 percentage points, mainly due to the reduction in gross margin mentioned above and the decline in revenue volume, which impacts the dilution of operating expenses, given their more fixed nature.
BURKHARDT+WEBER MACHINES
The gross margin of this Business Unit in 1Q26 increased by 18.7 percentage points compared to the same period in 2025, mainly driven by better utilization of installed capacity and improved margins negotiated on projects. The operating margin increased by 10.5 percentage points compared to the same period in 2025.
ROUGH AND MACHINED CAST IRON PARTS
The gross margin of this Business Unit increased by 1.0 percentage point compared to 1Q25. The adjusted operating margin (adjusted EBIT) decreased by 0.5 percentage point in the same period. This variation is mainly due to lower production volumes resulting from the slowdown in business activity, combined with the high level of fixed costs in this unit.
EBITDA and EBITDA Margin
In 1Q26, operating cash generation, as measured by adjusted EBITDA, amounted to R$7.4 million, representing an adjusted EBITDA margin of 3.3% in the quarter, as shown in the table below:
Reconciliation of
Net Income to EBITDA
Quarter
(R$ 000) 1Q25 4Q25 1Q26 Chg.
1Q26/4Q25
Chg.
1Q26/1Q25
Net Income | 10,088 | 32,352 | 2,365 | -92.7% | -76.6% |
Income tax and social contributions | (3,167) | 21,502 | 758 | -96.5% | -123.9% |
Net Financial Income | (5,515) | 6,652 | (12,967) | -294.9% | 135.1% |
Depreciation and amortization | 16,841 | 18,312 | 17,192 | -6.1% | 2.1% |
EBITDA | 18,247 | 78,818 | 7,348 | -90.7% | -59.7% |
EBITDA Margin | 6.7% | 20.3% | 3.3% | ||
EBITDA - Adjusted (*) | 17,971 | 66,180 | 7,363 | -88.9% | -59.0% |
EBITDA Margin - Adjusted (*) | 6.6% | 17.0% | 3.3% |
Total Net Operating Revenue 273,095 388,239 220,971 -43.1% -19.1%
Adjusted Profit for the Period (*)
Adjusted net income in 1Q26 was R$2.4 million.
(*) 1Q25, 4Q25 and 1Q26: EBIT and EBITDA were adjusted by the amounts of R$276, R$12,638 and (R$15), respectively; and net income by the amounts of R$269, (R$8,037) and (R$14), respectively, related to the recognition of the present value adjustment (PVA), as well as the impacts of the Vila Romi Residence and Adara projects.
Evolution of Net Cash (Debt) Position
The main changes in net cash position during the accumulated three months of 2026, in thousands of reais, are described below:
*The balances recognized under "Investments" are net of the impacts recognized in accordance with CPC 06 (R2) - Leases, equivalent to international standard IFRS 16 - Leases.
The evolution of the net cash position in the first quarter of 2026 presented the following changes:
Investments aimed at maintenance, productivity, flexibility and competitiveness of the industrial facilities and, mainly, related to the machine rental business, totaling R$46.2 million in 2026;
The decrease in advances from customers reflects the project delivery schedule of the B+W subsidiary in 2026;
The reduction in accounts receivable balance is mainly due to the collection of amounts
related to the B+W Unit's revenue in 1Q26.
Financial Position
The Company's borrowings are used mainly for investments in the modernization of its manufacturing facilities, research and development of new products, and financing of exports and imports. As at March 31, 2026, the amount of financing in local currency was R$373.9 million, and in foreign currency R$181.7 million, totaling R$555.6 million, of which R$143.9 million maturing in up to 12 months.
Short-term investments are made with prime institutions with low credit risk and their yield is mainly linked to the Interbank Certificate of Deposit (CDI). The consolidated net cash position as at March 31, 2026 was negative by R$172.2 million.
As at March 31, 2026, the Company recorded R$383.5 million as cash and cash equivalents and short-term investments.
The balances recorded under "Finame Manufacturer Financing" are not used in the calculation of the Company's net debt. As at March 31, 2026, the Company did not have any derivative transactions.
Capital Markets
Share Performance ROMI3 x Ibovespa
Period: April 01, 2024 to April 13, 2026
Note: The performance of ROMI3 shares shown in the graph considers the retroactive calculation of the impact of bonuses that occurred in March 2023 and March 2024 to reflect the new number of shares outstanding after these events.
On April 13, 2026, the Company's common shares (ROMI3), which were quoted at R$7.51, had posted a depreciation of 38.7% since April 01, 2024, and a depreciation of 4.6% since December 30, 2025. Over the same periods, the Ibovespa recorded gains of 55.9% and 22.9%, respectively.
The Company's market capitalization on April 13, 2026 was R$699.71 million. The average daily trading volume during 1Q26 was R$ 1.9 million.
Consolidated Balance Sheet
Consolidated Balance Sheet
IFRS (R$ 000)
Earnings Release
1st quarter of 2026
17
ASSETS 03/31/25 12/31/25 03/31/26 LIABILITIES AND SHAREHOLDER'S EQUITY 03/31/25 12/31/25 03/31/26
CURRENT | 1,512,376 | 1,715,048 | 1,623,554 |
Cash and Cash equivalents | 242,363 | 376,534 | 345,218 |
Financial investments | 52,591 | 99,567 | 38,240 |
Trade accounts receivable | 169,271 | 210,389 | 166,124 |
Trade accounts receivable - PRODZ financing | 52,158 | 67,129 | 69,330 |
Onlending of Finame manufacturer financing | 182,856 | 174,778 | 168,658 |
Inventories | 733,467 | 696,508 | 719,447 |
Invetories of rental machines intended for sale | 24,287 | 42,942 | 57,303 |
Recoverable taxes | 29,842 | 21,821 | 29,987 |
Other receivables | 25,542 | 25,380 | 29,247 |
NON CURRENT | 401,514 | 437,753 | 421,823 |
Trade accounts receivable | 17,716 | 31,674 | 33,505 |
Trade accounts receivable - PRODZ financing | 26,472 | 36,383 | 32,823 |
Onlending of Finame manufacturer financing | 241,861 | 259,277 | 242,826 |
Recoverable taxes | 66,568 | 50,467 | 51,559 |
Deferred income and social contribution taxes | 27,500 | 25,852 | 25,974 |
Judicial Deposits | 12,131 | 19,549 | 19,971 |
Other receivables | 9,266 | 14,551 | 15,165 |
INVESTMENTS | |||
Property, Plant and Equipment | 505,917 | 546,493 | 544,816 |
Investment Properties | 14,283 | 13,854 | 13,854 |
Intangible assets | 46,408 | 45,913 | 42,500 |
968,122 | 1,044,013 | 1,022,993 | |
TOTAL ASSETS | 2,480,498 | 2,759,061 | 2,646,547 |
CURRENT | 714,267 | 730,114 | 714,639 |
Loans and financing | 75,077 | 129,809 | 143,877 |
Finame manufacturer financing | 214,852 | 156,283 | 151,105 |
Trade accounts payable | 113,319 | 73,925 | 94,117 |
Payroll and related taxes | 35,954 | 39,349 | 35,746 |
Taxes payables | 7,818 | 16,098 | 8,107 |
Advances from customers | 202,262 | 224,972 | 201,263 |
Related parties | 494 | 4,610 | 93 |
Dividends | 14,625 | 28,930 | 28,523 |
Provision for contingent liabilities | 6,475 | 9,657 | 9,882 |
Other payables | 43,391 | 46,481 | 41,926 |
NON CURRENT | 546,625 | 780,068 | 687,686 |
Loans and financing | 326,336 | 481,473 | 411,752 |
Finame manufacturer financing | 178,304 | 253,901 | 234,515 |
Deferred income and social contribution taxes | 36,997 | 38,731 | 35,810 |
Reserve for contingencies | 199 | 498 | 382 |
Other payables | 4,789 | 5,465 | 5,227 |
TOTAL LIABILITIES | 1,260,892 | 1,510,182 | 1,402,325 |
SHAREHOLDER'S EQUITY | 1,218,038 | 1,246,630 | 1,242,137 |
Capital | 988,470 | 988,470 | 988,470 |
Retained earnings | 143,767 | 168,589 | 170,920 |
Cumulative translation adjustments | 85,801 | 89,571 | 82,747 |
NON CONTROLLING INTERESTS | 1,569 | 2,249 | 2,085 |
TOTAL SHAREHOLDER'S EQUITY | 1,219,607 | 1,248,879 | 1,244,222 |
TOTAL LIABILITIES AND SHAREHOLDER'S EQUITY | 2,480,498 | 2,759,061 | 2,646,547 |
1Q26/4Q25
Consolidated Income Statement
Consolidated Income Statement
IFRS (R$ 000)
1Q25 4Q25 1Q26 Chg.
Chg.
1Q26/1Q25
Net Operating Revenue | 273,095 | 388,239 | 220,971 | -43.1% | -19.1% |
Cost of Goods Sold | (206,421) | (263,784) | (165,563) | -37.2% | -19.8% |
Gross Profit | 66,674 | 124,455 | 55,408 | -55.5% | -16.9% |
Gross Margin % | 24.4% | 32.1% | 25.1% | ||
Operating Expenses | (65,268) | (63,949) | (65,252) | 2.0% | 0.0% |
Selling expenses | (28,682) | (36,039) | (28,401) | -21.2% | -1.0% |
Research and development expenses | (7,718) | (8,974) | (7,870) | -12.3% | 2.0% |
General and administrative expenses | (26,387) | (27,063) | (27,910) | 3.1% | 5.8% |
Management profit sharing and compensation | (3,910) | (4,973) | (2,763) | -44.4% | -29.3% |
Other operating income, net | 1,429 | 13,100 | 1,692 | -87.1% | 18.4% |
Operating Income (loss) before Financial Results | 1,406 | 60,506 | (9,844) | -116.3% | -800.1% |
Operating Margin % | 0.5% | 15.6% | -4.5% | ||
Operating Income (loss) before Financial Results - Adjusted (*) | 1,130 | 47,868 | (9,829) | -120.5% | -969.5% |
Operating Margin % - Adjusted (*) | 0.4% | 12.3% | -4.4% | ||
Financial Results, Net | 5,515 | (6,652) | 12,967 | -294.9% | 135.1% |
Financial income | 10,007 | 5,005 | 15,204 | 203.8% | 51.9% |
Financial expenses | (6,833) | (8,809) | (7,551) | -14.3% | 10.5% |
Exchance gain (loss), net | 2,341 | (2,848) | 5,314 | -286.6% | 127.0% |
Operations Operating Income | 6,921 | 53,854 | 3,123 | -94.2% | -54.9% |
Income tax and social contribution | 3,167 | (21,502) | (758) | -96.5% | -123.9% |
Net Income | 10,088 | 32,352 | 2,365 | -92.7% | -76.6% |
Net Margin % | 3.7% | 8.3% | 1.1% | ||
Net income - Adjusted (*) | 9,819 | 40,389 | 2,379 | -94.1% | -75.8% |
Net Margin % - Adjusted (*) | 3.6% | 10.4% | 1.1% | ||
Net profit concerning: | |||||
Controlling interests | 9,976 | 31,497 | 2,331 | -92.6% | -76.6% |
Non controlling interests | 112 | 855 | 34 | -96.0% | -69.6% |
EBITDA | 18,247 | 78,818 | 7,348 | -90.7% | -59.7% |
Profit for the period | 10,088 | 32,352 | 2,365 | -92.7% | -76.6% |
Income tax and social contribution | (3,167) | 21,502 | 758 | -96.5% | -123.9% |
Financial result, net | (5,515) | 6,652 | (12,967) | -294.9% | 135.1% |
Depreciation and amortization | 16,841 | 18,312 | 17,192 | -6.1% | 2.1% |
EBITDA Margin % | 6.7% | 20.3% | 3.3% | ||
EBITDA - Adjusted (*) | 17,971 | 66,180 | 7,363 | -88.9% | -59.0% |
EBITDA Margin % - Adjusted (*) | 6.6% | 17.0% | 3.3% | ||
Nº of shares in capital stock (th) | 93,171 | 93,171 | 93,171 | ||
Profit per share - R$ | 0.11 | 0.34 | 0.03 |
(*) 1Q25, 4Q25 and 1Q26: EBIT and EBITDA were adjusted by the amounts of R$276, R$12,638 and (R$15), respectively; and net income by the amounts of R$269, (R$8,037) and (R$14), respectively, related to the recognition of the present value adjustment (PVA), as well as the impacts of the Vila Romi Residence and Adara projects.
Consolidated Cash Flow Statement
Consolidated Cash Flow Statement IFRS (R$ 000) | |||
1Q25 | 4Q25 | 1Q26 | |
Cash from operating activities | |||
Net Income before taxation | 6,921 | 53,854 | 3,123 |
Financial expenses and exchange gain | (5,984) | 52,711 | (9,825) |
Depreciation and amortization | 16,841 | 18,671 | 17,192 |
Allowance for doubtful accounts and other receivables | 3,124 | (1,618) | (8,390) |
Proceeds from sale of fixed assets and intangibles | 11,652 | 24,860 | 23,311 |
Provision for inventory realization | 1,900 | 646 | (781) |
Reserve for contingencies | 107 | (845) | (81) |
Trade accounts receivable | 39,110 | (45,861) | 34,775 |
Related Parties | - | - | - |
Onlending of Finame manufacturer financing | 1,225 | (6,019) | 32,247 |
Inventories | (14,140) | 30,120 | (36,519) |
Recoverable taxes, net | (16,414) | 36,424 | (8,211) |
Judicial deposits | - | - | - |
Other receivables | (6,316) | 5,673 | (3,438) |
Trade accounts payable | 5,812 | (38,020) | 21,322 |
Payroll and related taxes | (2,142) | (11,069) | (3,603) |
Taxes payable | (896) | (11,470) | (12,246) |
Advances from customers | 15,005 | (2,757) | (23,709) |
Other payables | (2,975) | 4,889 | (8,118) |
Cash provided by operating activities | 52,830 | 110,189 | 17,049 |
Income tax and social contribution paid | (602) | (1,591) | (593) |
Net Cash provided by operating activities | 52,228 | 108,598 | 16,456 |
Financial Investments | 46,885 | (39,774) | 61,327 |
Purchase of fixed assets | (40,771) | (43,520) | (45,899) |
Sales of fixed assets | 1,021 | 9,837 | 1,937 |
Purchase of intangible assets | - | (23) | (679) |
Net cash Used in Investing Activities | 7,135 | (73,480) | 16,686 |
Interest on capital paid | (20,777) | (17,037) | (605) |
New loans and financing | 28,844 | 200,000 | - |
Payments of loans and financing | (80,761) | (50,941) | (32,225) |
Interests paid (including Finame manufacturer financing) | (5,754) | (9,344) | (12,981) |
New loans in Finame manufacturer | 44,774 | 59,591 | 20,681 |
Payment of Finame manufacturer financing | (42,092) | (42,988) | (41,375) |
Net Cash provided by (used in) Financing Activities | (75,766) | 139,281 | (66,505) |
Increase (decrease) in cash and cash equivalents | (16,403) | 174,399 | (33,363) |
Exchange variation changes on cash and cash equivalents abroad | (3,454) | (2,284) | 2,048 |
Cash and cash equivalents - beginning of period | 262,220 | 204,420 | 376,534 |
Cash and cash equivalents - end of period | 242,363 | 376,535 | 345,218 |
Attachment I - Income Statement by Business Unit
Income Statement by Business Units - 1Q26
R$ 000
ROMI
Machines
Burkhardt + Weber Machines
Rough and Machined Cast Iron Parts
Total
Net Operating Revenue | 121,103 | 64,919 | 34,949 | 220,971 |
Cost of Sales and Services | (65,711) | (43,987) | (55,866) | (165,563) |
Business Units Transfers | 1,080 | - | 11,612 | 12,692 |
Business Units Transfers | (11,612) | - | (1,080) | (12,692) |
Gross Profit | 44,861 | 20,932 | (10,385) | 55,408 |
Gross Margin % | 37.0% | 32.2% | -29.7% | 25.1% |
Operating Expenses | (40,166) | (17,664) | (7,407) | (65,237) |
Selling | (18,571) | (9,164) | (666) | (28,401) |
General and Administrative | (14,935) | (8,500) | (4,475) | (27,910) |
Research and Development | (6,462) | - | (1,408) | (7,870) |
Management profit sharing | (1,904) | - | (859) | (2,763) |
Other operating revenue | 1,707 | - | - | 1,707 |
Operating loss before Financial Results - Adjusted (*) | 4,695 | 3,268 | (17,792) | (9,829) |
Operating Margin % - Adjusted (*) | 3.9% | 5.0% | -50.9% | -4.4% |
Depreciation and amortization | 11,186 | 1,763 | 4,243 | 17,192 |
EBITDA - Adjusted (*) | 15,881 | 5,031 | (13,548) | 7,363 |
EBITDA Margin % - Adjusted (*) | 13.1% | 7.7% | -38.8% | 3.3% |
Income Statement by Business Units - 1Q25
R$ 000
ROMI
Machines
Burkhardt + Weber Machines
Rough and Machined Cast Iron Parts
Total
Net Operating Revenue | 155,870 | 73,277 | 43,948 | 273,095 |
Cost of Sales and Services | (68,739) | (63,365) | (74,317) | (206,421) |
Business Units Transfers | 661 | - | 17,542 | 18,203 |
Business Units Transfers | (17,542) | - | (661) | (18,203) |
Gross Profit | 70,249 | 9,912 | (13,487) | 66,674 |
Gross Margin % | 45.1% | 13.5% | -30.7% | 24.4% |
Operating Expenses | (42,900) | (13,971) | (8,672) | (65,544) |
Selling | (20,754) | (6,371) | (1,556) | (28,682) |
General and Administrative | (14,399) | (7,600) | (4,388) | (26,387) |
Research and Development | (6,324) | - | (1,394) | (7,718) |
Management profit sharing | (2,576) | - | (1,334) | (3,910) |
Other operating revenue | 1,153 | - | - | 1,153 |
Operating loss before Financial Results - Adjusted (*) | 27,350 | (4,059) | (22,160) | 1,131 |
Operating Margin % - Ajusted (*) | 17.5% | -5.5% | -50.4% | 0.4% |
Depreciation and amortization | 10,946 | 1,740 | 4,155 | 16,841 |
EBITDA - Adjusted (*) | 38,296 | (2,319) | (18,005) | 17,972 |
EBITDA Margin % - Adjusted (*) | 24.6% | -3.2% | -41.0% | 6.6% |
(*) 1Q25, 4Q25 and 1Q26: EBIT and EBITDA were adjusted by the amounts of R$276, R$12,638 and (R$15), respectively; and net income by the amounts of R$269, (R$8,037) and (R$14), respectively, related to the recognition of the present value adjustment (PVA), as well as the impacts of the Vila Romi Residence and Adara projects.
Attachment II - Financial Statements of B+W
Burkhardt + Weber Balance Sheet
(€ 000)
ASSETS 03/31/25 12/31/25 03/31/26
CURRENT | 45,650 | 44,330 | 44,011 |
Cash and Cash equivalents | 7,597 | 5,330 | 926 |
Trade accounts receivable | 9,775 | 11,080 | 7,288 |
Inventories | 25,887 | 24,537 | 30,850 |
Recoverable taxes | 689 | 321 | 1,158 |
Related Parties | 327 | 1,962 | 2,423 |
Other receivables | 1,375 | 1,100 | 1,366 |
Deferred income and social contribution taxes | 1,999 | 1,734 | 1,671 |
Property, plant and equipment | 11,244 | 11,205 | 11,361 |
Intangible assets | 7,445 | 7,077 | 7,053 |
TOTAL ASSETS | 66,337 | 64,346 | 64,097 |
LIABILITIES AND SHAREHOLDER'S EQUITY 03/31/25 12/31/25 31/03/26
CURRENT | 41,268 | 42,702 | 42,616 |
Loans and financing | 4,285 | 3,777 | 3,777 |
Trade accounts payable | 2,208 | 1,651 | 3,828 |
Payroll and related taxes | 1,126 | 916 | 1,363 |
Taxes payable | 137 | 379 | 182 |
Advances from customers | 24,933 | 28,852 | 26,387 |
Other payables | 4,145 | 3,910 | 3,872 |
Related Parties | 4,434 | 3,217 | 3,207 |
NON CURRENT | 7,225 | 3,336 | 3,230 |
Loans and financing | 3,915 | 138 | 69 |
Deferred income and social contribution taxes | 3,310 | 3,198 | 3,161 |
SHAREHOLDER'S EQUITY | 17,844 | 18,308 | 18,250 |
Capital | 7,025 | 7,025 | 7,025 |
Profit (losses) accumulated | 10,819 | 11,283 | 11,225 |
TOTAL LIABILITIES AND SHAREHOLDER'S EQUITY | 66,337 | 64,346 | 64,097 |
Burkhardt + Weber Income
Statement
1Q25 4Q25 1Q26
Net Operating Revenue | 11,900 | 18,111 | 10,554 |
Cost of Goods Sold | (10,290) | (12,338) | (7,151) |
Gross Profit | 1,610 | 5,772 | 3,403 |
Gross Margin % | 13.5% | 31.9% | 32.2% |
Operating Expenses | (2,269) | (3,149) | (2,872) |
Selling expenses | (1,035) | (1,964) | (1,490) |
General and administrative expenses | (1,234) | (1,185) | (1,382) |
Operating Income before Financial Results | (659) | 2,624 | 531 |
Operating Margin % | -5.5% | 14.5% | 5.0% |
Financial Results, Net | (314) | (155) | 142 |
Net Income before tax and social contributio | (973) | 2,469 | 674 |
Income tax and social contribution | 391 | (542) | (26) |
Net income | (582) | 1,926 | 648 |
Net Margin % | -4.9% | 10.6% | 6.1% |
EBITDA | (377) | 2,897 | 818 |
Net income / loss for the period | (582) | 1,926 | 648 |
Income tax and social contribution | (391) | 542 | 26 |
Financial income, net | 314 | 155 | (142) |
Depreciation and amortization | 282 | 274 | 287 |
EBITDA Margin % | -3.2% | 16.0% | 7.8% |