Ferbasa Slumps, Even Grows, Ânima Turns Profit in Q1

Ferbasa (FESA4) reported a net profit of R$41.1 million ($7.98 million) for Q1 2024, marking a 68.8% decline from the same period last year. Adjusted EBITDA fell by 58.3% to R$78.4 million ($15.22 million). Net revenue for the quarter stood at R$509.5 million ($98.83 million), showing a 28.9% decrease from last year. Despite these declines, […]