Sendas Distribuidora Reports Q3 Results with Stable Margins and Reduced Net Debt

Sendas Distribuidora (ASAIY) reported its third-quarter financial results, showing gross revenue of R$ 21.3 billion, a 2.7% increase compared to the same period last year. Net revenue reached R$ 19 billion, representing a slight year-over-year growth of 0.2%, while same-store sales grew by 0.1%. The company maintained operational efficiency with an adjusted EBITDA of R$ 1.1 billion and a stable margin of 5.7%. Significant improvements were noted in the balance sheet, as net debt decreased by R$ 1.3 billion over the last 12 months, supported by strong operating cash generation of R$ 3.3 billion during the same period.

By Meghavi Singh, SA News Editor · Seeking Alpha ·

Sendas Distribuidora Reports Q3 Results with Stable Margins and Reduced Net Debt

Topics: cash flow EBITDA net debt revenue same-store sales

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