Quarterly ResultApr 29, 2026, 06:08 AM
VALE Q1 Net Income +21.9% to R$9.95B; EPS R$2.33; Adjusted EBITDA +10.5%
AI Summary
Vale S.A. reported a strong first quarter for 2026, with net income attributable to shareholders increasing by 21.9% to R$9.95 billion and basic EPS rising to R$2.33. Adjusted EBITDA grew by 10.5% to R$20.11 billion, driven by improved operating income. The company also announced an agreement to divest Thompson operations, repurchased R$386 million in shares, and paid R$14.47 billion in shareholder remuneration.
Key Highlights
- Net income attributable to shareholders increased 21.9% to R$9.95 billion (US$1.91 billion).
- Basic and diluted earnings per common share rose to R$2.33 from R$1.91.
- Adjusted EBITDA grew 10.5% to R$20.11 billion (US$3.85 billion).
- Net operating revenue increased 2.7% to R$48.68 billion (US$9.33 billion).
- Net cash generated by operating activities was R$9.78 billion (US$1.87 billion).
- Repurchased 4,980,600 common shares for R$386 million (US$74 million).
- Paid R$14.47 billion (US$2.75 billion) in dividends and interest on equity.
- Entered agreement to form new entity for Thompson operations, classifying assets as held for sale.