São Martinho's Revenue and Profit Slip Despite Production Gains

São Martinho S.A., listed as SMTO3, released its earnings report for August 11, 2026. The company's net revenue and profitability declined year-over-year due to lower sugar and ethanol prices.

The decline was also attributed to reduced sales volumes, despite higher production and improved agricultural yields. São Martinho focused on expanding its corn ethanol and biomethane projects, which led to an increase in net debt to fund these investments.