• São Martinho's net debt reached BRL 5.7 billion as of September 30, 2026, up 14.2% from March 2026.
• The increase reflected new investment financing, including the corn ethanol plant's second phase, and higher quarterly working capital needs.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. São Martinho SA published the original content used to generate this news brief on November 09, 2026, and is solely responsible for the information contained therein.