Nexa Resources (NEXA) Q4 2025 Earnings Transcript

Motley Fool Transcribing, The Motley Fool

Fri, February 27, 2026 astatine 10:56 AM CST 33 min read

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Friday, February 27, 2026 astatine 10 a.m. ET

• Chief Executive Officer — Ignacio Rosado

• Chief Financial Officer — José Carlos del Valle

• Senior Vice President, Mining Operations — Leonardo Nunes Coelho

• Head of Investor Relations — Rodrigo Cammarosano

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Rodrigo Cammarosano: Good day, everyone, and invited to Nexa Resources S.A. 4th fourth and afloat twelvemonth 2025 net league call. We admit your clip and information today. During the call, we volition sermon Nexa Resources S.A.’s show arsenic elaborate successful the net merchandise issued yesterday. We promote you to travel on with the presumption disposable done the webcast. Before we begin, delight crook to descent fig 2, which contains our forward-looking statements disclaimer. We inquire that you reappraisal the accusation regarding these statements and the associated hazard factors. Joining america contiguous are our CEO, Ignacio Rosado, our CFO, José Carlos del Valle, and our Senior Vice President of Mining Operations, Leonardo Nunes Coelho.

With that, I volition present crook the telephone implicit to Ignacio for his remarks. Ignacio, delight spell ahead.

Ignacio Rosado: Thank you, Rodrigo. Good day, everyone, convey you for joining america today. Starting connected descent fig 3, Nexa Resources S.A. delivered a beardown decorativeness to the twelvemonth with our 4th fourth results demonstrating accordant operational execution and the benefits of our disciplined absorption connected safety, efficiency, and outgo management, each wrong a supportive pricing environment. On the mining side, zinc accumulation reached 91,000 tons, a coagulated summation some quarter-over-quarter and year-over-year. This show was driven by stronger results crossed each our operations, with Aripuanã lasting retired arsenic it achieved its highest quarterly accumulation to date, a wide reflection of its increasing operational stability. In our smelting division, full zinc income were 142,000 tons.

While Cajamarquilla continued to present a unchangeable output, the sequential measurement was constrained by little accumulation astatine our Brazilian smelters and softer request for zinc oxide. Financially, the operational show translated into our strongest 4th of the year. We reported nett revenues of $903 cardinal and adjusted EBITDA of $300 million, with some metrics showing applicable betterment crossed each comparable periods. This was underpinned by higher realized prices for zinc and our cardinal by-products, combined with our accrued mining volumes. We recorded a nett income of $81 cardinal oregon $0.38 per stock and generated $51 cardinal successful escaped currency flow. As a result, our nett leverage improved to 1.7 times, further strengthening our equilibrium sheet.