What drove Simpar's record revenue in Q2 2026?

Simpar, the holding company behind Vamos, Movida, JSL and Automob, posted net revenue of R$ 11.25 billion in the second quarter of 2026, up 8.8% year-on-year. The standout driver was services revenue, which hit a record R$ 9.39 billion — a 13.2% annual increase — reflecting organic growth and the maturation of contracts signed over the past 12 months.

How is Simpar managing its debt?

The group's leverage ratio (net debt-to-EBITDA) fell to 2.8x, the lowest since its IPO in 2010. Simpar Holding's net debt dropped sharply from R$ 2.8 billion at the end of March to R$ 1.4 billion by end of June, driven by the sale of Ciclus Rio, capital increases at Simpar, Movida and Vamos, and the deconsolidation of Ciclus Amazônia and CS Porto Aratu.

What about asset sales and infrastructure?

Asset-sale revenue came in at R$ 1.77 billion in Q2, down 12.8% year-on-year. Infrastructure (construction) net revenue surged to R$ 89 million, more than five times the R$ 15 million recorded a year earlier.

What is the debt-buyback progress?

During the quarter, Simpar repurchased its own bonds on the secondary market, reaching 25% of its goal to cut gross debt by R$ 1.0 billion. The company also entered into synthetic derivatives linked to its own shares and those of its subsidiaries, with mark-to-market settlement due by September 6, 2027. In Q2 2026, this generated a negative MTM of R$ 231.8 million (R$ 153.0 million net of tax), with no cash impact until maturity.

Key Facts:
  • Net revenue Q2 2026: R$ 11.25 billion (+8.8% YoY)
  • Services revenue record: R$ 9.39 billion (+13.2% YoY)
  • Asset-sale revenue: R$ 1.77 billion (-12.8% YoY)
  • Infrastructure revenue: R$ 89 million (vs R$ 15 million a year ago)
  • Net debt/EBITDA: 2.8x — lowest since 2010 IPO
  • Simpar Holding net debt: R$ 1.4 billion (down from R$ 2.8 billion in March)
  • Debt buyback: 25% of R$ 1.0 billion gross-debt-reduction target reached