Business
Tegma Gestão Logística: Revenue up 18.4% YoY, net income down 11.3%, net cash position achieved, margins compressed
Tegma Gestão Logística: Revenue up 18.4% YoY, net income down 11.3%, net cash position achieved, margins compressed
About this update from Tegma Gestao Logistica S.a.
Net revenue grew 18.4% year-over-year, driven by higher vehicle transport volumes and distance, while net income fell 11.3% due to margin compression and higher costs. Free cash flow remained positive, and the company achieved a net cash position, with continued investments in yard capacity and ESG initiatives.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.
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