Brazilian fuel distributor Vibra's fourth-quarter net profit tumbles 85%
ReutersFeb 24, 2025 11:14 PM
SAO PAULO, Feb 24 (Reuters) - Brazilian fuel distributor Vibra Energia VBBR3.SA on Monday posted a 84.5% tumble in its fourth-quarter net profit, compared to a year earlier, landing at 510 million reais ($88.3 million) and below analysts' estimates.
Analysts polled by LSEG had predicted that Vibra, which operates a chain of gas stations and sells fuel directly to companies, would hit a profit of 555 million reais.
($1 = 5.7785 reais)
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