Fertilizantes Heringer S.A. (FHER3) Earnings Call Transcripts

Fertilizantes Heringer S.A.'s Latest Earnings Call - Q1 FY2026

In Q1 2026, Fertilizantes Heringer S.A. reported a significant decline in performance, with net revenue of BRL 523 million, down 42% year-over-year. The company experienced a drastic reduction in total volume delivered, falling 43.7% compared to Q1 2025, primarily due to plant shutdowns and delayed purchases by growers. Management indicated that gross margin plummeted to 0.7%, and EBITDA turned negative at BRL 4.1 million, raising concerns about future profitability and operational efficiency.

Reported metrics

Guidance from management

Management did not provide specific forward guidance for the upcoming quarters, but indicated that they are closely monitoring raw material prices and market conditions.

What management said

Hello. Talking a little about the price of raw materials since March 2025, but we saw an accommodation of prices compared to the end of the year, mainly for nitrogen and postpaid-based products, but a different scenario in the first quarter of 2026 because we saw the closing of the Strait of Hormuz Impacting mainly urea and MAP, driving an increase in prices. When we get the national production of rain blended area...

What analysts pressed on

Analysts expressed concerns regarding the significant decline in volume and revenue, questioning the sustainability of the current operational model. There were also inquiries about the potential impact of raw material price fluctuations on future margins.

Main topics on the call

• Volume Decline — Total volume delivered decreased from 350,000 tons to 202,000 tons, a drop of 43.7% year-over-year. Management noted, "this performance was primarily impacted by the harbanation of plants throughout 2025."
• Revenue Drop — Net revenue fell to BRL 523 million, a 42% decline compared to Q1 2025. This drop reflects the significant reduction in volume sold, as stated by management.
• Gross Margin Compression — Gross result decreased to BRL 3.7 million, leading to a gross margin decline from 51% to 0.7%. Management highlighted this substantial reduction as a critical concern for the quarter.
• Negative EBITDA — The company reported an EBITDA of negative BRL 4.1 million, contrasting with a positive BRL 3.5 million in Q1 2025. This shift indicates a deteriorating operational performance.

Read the full Fertilizantes Heringer S.A. transcript (Q1 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 22 Fertilizantes Heringer S.A. earnings call transcripts on record, spanning June 16, 2020 to May 11, 2026. Based on this history, Fertilizantes Heringer S.A. reports quarterly. The most recent call on file is dated May 11, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

FHER3

Exchange

BOVESPA

Country

BR

Sector

Materials

Industry

Chemicals

Calls on record

22

First call

June 16, 2020

Most recent

May 11, 2026

Reporting cadence

quarterly