Tenda lifts 2026 adjusted EBITDA outlook for core segment to R$ 1.1 billion-R$ 1.2 billion

• Construtora Tenda lifted its 2026 guidance for Tenda adjusted EBITDA to BRL 1.1-1.2 billion from BRL 950 million-1.05 billion.
• Alea adjusted EBITDA outlook widened to a loss of BRL 90-70 million from a loss of BRL 70-50 million, based on Tenda’s 86% stake.
• Net pre-sales forecast for Tenda raised to BRL 5.5-6 billion from BRL 5-5.5 billion; Alea kept at BRL 350-450 million.
• Consolidated net income outlook increased to BRL 600-660 million from BRL 520-600 million, excluding SWAP operations.
• First-half results showed BRL 583.4 million adjusted EBITDA at Tenda, a BRL 44.2 million loss at Alea, net pre-sales of BRL 2.75 billion.

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