Três Tentos Agroindustrial reported third-quarter 2026 revenue up 17.2% year on year, while adjusted EBITDA including hedges fell 38.5% on margin and logistics pressure. The company posted record free cash flow of R$1.1 billion, cutting leverage to 2.44x, and its ethanol operations reached full capacity.
Full ethanol capacity at a Brazilian grain processor signals firm ethanol output and corn-based co-product supply, though company-level results have little direct effect on feed prices.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
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