Press Release · ALLOS S.A.
IN 3Q26, FFO GROWS 28.5% AND EBITDA MARGIN REACHES 74.7%
Distributed by News Today Lines · Originally issued via PR Newswire
RIO DE JANEIRO, Nov. 5, 2026 — ALLOS S.A. (B3: ALOS3), the most innovative experience, entertainment, services, lifestyle and shopping platform in Latin America, announces its results for the third quarter of 2026 (3Q26). At the end of 3Q26, the Company held interests in 45 shopping centers, totaling 1,911 thousand sqm of Total GLA and 1,260 thousand sqm of Owned GLA. The Company also provided planning, administration and leasing services to 6 third-party shopping centers with a total GLA of 204.8 thousand sqm.
FFO GROWS 28.5% IN 3Q26: In3Q26, FFO totaled R$384.5 million in the quarter, up 28.5%, driven by the performance of media and real estate development, as well as by lower expenses. Excluding Shopping Tijuca, growth would have been 31.2%.
REVENUE GROWS 18.2%: Net revenue reached R$776.5 million in 3Q26 (+18.2%), accelerated by revenues from real estate development and media. SSR reached 5.1%¹, with lease renewals above inflation.
MEDIA GROWS 44.7%: Media revenue totaled R$82.4 million, representing approximately 10.0% of the Company's gross revenue. In the third quarter, we took over media operations at 6 additional airports, bringing the total to 12 airports with media operated by Helloo.
REAL ESTATE DEVELOPMENT: In 3Q26, we launched another real estate project at one of our main malls, Shopping da Bahia. In partnership with Moura Dubeux, the Beach Class Bahia project will feature 612 residential units and an exclusive connection to the mall.
SALES GROW 3.8%¹: Sales at our malls totaled R$10.0 billion in the quarter. SSS reached 2.7%¹, with highlights in the Convenience, Services and Leisure segments, with SSS of 10.3%, and Food, with 7.3%. In September, sales growth was already close to 6%.
EBITDA MARGIN OF 74.7% WITH SG&A 5.7% LOWER: EBITDA reached R$580.1 million (+20.9%), with a 74.7% margin, up 164 bps, boosted by a 5.7% reduction in SG&A. Year-to-date, SG&A expenses are down 8.2%.
2027 DIVIDEND GUIDANCE: We announced our new guidance for monthly dividends and/or interest on equity (IOE) between R$0.28 and R$0.30 per share, per month, to be paid throughout 2027, maintaining the same level as 2026 and leverage at around 2.0x (net debt/EBITDA).
SOURCE ALLOS S.A.