Kepler Weber Profit Drops 74% in Third Quarter of 2026

Kepler Weber posted a net profit of 13.4 million reais between July and September of this year. This figure represents a 74% decline compared to the same period in 2025. Net revenue for the grain storage solutions manufacturer totaled 344.2 million reais, an 18.7% drop year-over-year.

The performance was primarily pressured by the farm segment, which saw a 46.5% decrease in revenue. The company notes that high interest rates and credit restrictions limited the investment capacity of rural producers. The company's Ebitda margin fell from 17.4% to 7.6% during the analyzed period.

On the other hand, the agribusiness unit grew 38% and reached 149.9 million reais in revenue. This sector now accounts for 43.6% of the company's total revenue. Demand for grain processing and biofuel projects supported business volume even within a challenging environment.

The company ended the quarter with a cash position of 362.6 million reais. Default rates in the credit portfolio stood at 3%, a level considered low compared to the 9% average observed in the agribusiness sector. Management assesses that sales profitability remains under pressure due to competition and restrictive commercial conditions.

For the coming months, the company projects stable margins with no expectation of immediate improvement. A consistent recovery in demand depends on a favorable evolution in the interest rate environment and producer confidence. The financial backlog showed a 2.6% increase compared to the second quarter.