Port of Santos manager reports recurring profit above R$ 930 million in 2025

The state-owned company’s net profit, including all accounting events, closed the year at R\$ 724.6 million (Disclosure/APS)

The Autoridade Portuária de Santos (APS) closed the year 2025 with a recurring profit of R\$ 938.9 million, a figure that represents a 22.3% increase compared to the 2024 fiscal year. The financial statements were released by the manager of the Port of Santos. The state-owned company also reported reaching R\$ 1 billion in cash generation (Ebitda).

“The steady growth in recurring profit demonstrates the structural solidity of the Port of Santos. These results strengthen our investment capacity and ensure the maintenance of the Port’s strategic role for Brazil’s economy”, said Anderson Pomini, president of APS.

The increase in this indicator excludes extraordinary or one-off financial effects to reveal the real performance of operations and demonstrates the company’s continuous development, accumulating a 74.6% increase since 2023. “The performance confirms that the results of the Port of Santos are structural, consistent, and sustainable over time, and not the result of occasional events”, Pomini added.

The operating result for the period also strongly boosted the state-owned company’s cash generation. Recurring Ebitda, which measures the potential to generate resources from the company’s core activities, reached R\$ 1 billion, with a margin of 59.1%.

The recurring net margin, in turn, reached 54.5%. According to APS, “these results demonstrate a level of financial efficiency aligned with the main benchmarks of the private sector.”

Net profit for the year, which includes all accounting events for the period, closed the year at R\$ 724.6 million. “The financial statements reflect the company’s financial stability and sustainability.”

“With the consolidation of the 2025 financial statements, the Port of Santos begins the 2026 cycle with resources for strategic investments in infrastructure and logistics, such as the construction of the Santos–Guarujá tunnel, works on the perimeter avenues, the VTMIS (Vessel Traffic Management and Information System), among others.”