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Santos Brasil Participações Reports Third Quarter 2022 Earnings

Posted on November 14, 2022

Key Financial Results

  • Revenue: R$521.9m (up 32% from 3Q 2021).
  • Net income: R$109.8m (up 65% from 3Q 2021).
  • Profit margin: 21% (up from 17% in 3Q 2021). The increase in margin was driven by higher revenue.

STBP3 Earnings and Revenue Growth November 13th 2022

All figures shown in the chart above are for the trailing 12 month (TTM) period

Santos Brasil Participações Earnings Insights

Looking ahead, revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 7.5% growth forecast for the Infrastructure industry in South America.

Performance of the market in Brazil.

The company’s shares are down 17% from a week ago.

Risk Analysis

We don’t want to rain on the parade too much, but we did also find 1 warning sign for Santos Brasil Participações that you need to be mindful of.



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