Brazil’s LWSA Lifts Adjusted Profit 61%, Margin Hits 18%

3 Key Points —LWSA (LWSA3) posted adjusted net income of R$69 million ($13.1M) in Q4 2025, a 60.9% year-on-year increase, as adjusted net margin expanded 6.3 percentage points to 18.1% — the highest quarterly adjusted margin in the company’s recent history and a sign that the post-acquisition rationalisation strategy is reaching maturity. —The Commerce segment […]

Brazil’s LWSA Lifts Adjusted Profit 61%, Margin Hits 18%
3 Key Points —LWSA (LWSA3) posted adjusted net income of R$69 million ($13.1M) in Q4 2025, a 60.9% year-on-year increase, as adjusted net margin expanded 6.3 percentage points to 18.1% — the highest quarterly adjusted margin in the company’s recent history and a sign that the post-acquisition rationalisation strategy is reaching maturity. —The Commerce segment […]