SAO PAULO, Feb 24 (Reuters) - Brazilian fuel distributor Vibra Energia (VBBR3.SA) , opens new tab on Monday posted a 84.5% tumble in its fourth-quarter net profit when compared to a year earlier, landing at 510 million reais ($88.3 million), also below the 555 million reais estimated by analysts polled by LSEG.

The company approved the distribution of a total of 1.07 billion reais interest on equity to be payed in February, May and August of 2025.

WHY IT'S IMPORTANT

Vibra is one of the largest fuel distributors in Latin America, operating a chain of gas stations and also selling fuel directly to companies.

BY THE NUMBERS

Vibra's adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) came in at 1.3 billion reais, down 44% from a year earlier.

Its adjusted EBITDA margin dropped near 43% year-on-year to 145 reais per cubic meter.

Sales volumes dropped 1.7% in the quarter ended in December to 9 million cubic meters.

Vibra's financial leverage - as measured by net debt/EBITDA remained stable at 0.9 times from a year earlier, down from the 1.1 time a year earlier.

KEY QUOTES

In the report, Vibra said it fourth quarter sales volumes and EDITDA reflect the company's "ability to maintain profitability at high levels even in a more challenging environment."

($1 = 5.7785 reais)

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https://www.reuters.com/business/energy/brazilian-fuel-distributor-vibras-fourth-quarter-net-profit-tumbles-85-2025-02-24/