Business: Credit Ratings
Key Facts
—Rating. Fitch reaffirmed M. Dias Branco’s national-scale AAA(bra) rating with a Stable Outlook, announced by the company on 7 August 2026.
—Ninth year. It is the ninth consecutive year the company has held Brazil’s top national grade, a run beginning in 2018.
—Net cash. The maker ended March with a net cash position of about R$688 million, roughly minus zero point six times trailing EBITDA.














