Quarterly ResultAug 5, 2026, 03:38 PM
Nexa Q2 Net Income $98M, Adj. EBITDA $286M; Operational Inflection
AI Summary
Nexa Resources reported strong second-quarter 2026 results, with net income of US$98 million and Adjusted EBITDA of US$286 million, reflecting a significant operational inflection. The company saw an 8% increase in zinc production and improved net leverage to 1.40x. Operational challenges, such as a fire at Cajamarquilla, were addressed, and key projects like Aripuanã's tailings filter and Cerro Lindo's block caving advanced. Shareholders approved a US$17.5 million share premium reimbursement, and discussions regarding a potential acquisition of Votorantim's controlling stake were publicly confirmed.
Key Highlights
- Net Income was US$98 million, up 636% year-over-year.
- Adjusted EBITDA reached US$286 million, a 78% increase year-over-year.
- Zinc production was 79kt, up 8% year-over-year on higher grades.
- Net leverage improved to 1.40x from 2.28x a year ago.
- Shareholders approved a US$17.5 million share premium reimbursement.
- Cerro Lindo silver streaming agreement reduced streamed share from 65% to 25%.
- Cerro Pasco Integration Project CapEx increased to US$180 million from US$138 million.
- Discussions confirmed regarding potential acquisition of Votorantim's controlling stake.
Price Impact
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