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Stemac Ends 2024 With a 57% Increase in Sales and R$ 409 Million in Revenue, Strengthening Its Operational Capacity Post- Judicial Recovery.
Stemac Surprised the Market in 2024 by recording an extraordinary growth of 57% in its sales, reaching a revenue of R$ 409 million. After a challenging year, marked by the successful conclusion of its judicial recovery, the company demonstrated its resilience and adaptability. These results not only reflect an upward phase for Stemac, but also highlight its robust operational capacity. The company, which has established itself as a reference in the manufacture and sale of generator sets in Brazil, has shown effective strategic alignment, focused on offering modern energy solutions tailored to market needs.
In the current landscape of the Mining Sector, Stemac has positioned itself as a vital strategic partner, supporting extraction operations nationwide. The mining sector, fundamental to the Brazilian economy, demands reliable and sustainable energy solutions, where Stemac’s generator sets have played a crucial role. The company not only provides the necessary infrastructure for continuous and efficient operations, but also promotes innovation and the implementation of cutting-edge technologies to meet the growing demands of the market. With its integrated solutions, Stemac drives Sustainable Mineral Exploration.
Expansion and Innovation: The New Era of Mining with Stemac
The year 2025 promises to continue this successful trajectory for Stemac. With ongoing investments in automation and digital technologies, the company is prepared to face the challenges of the energy transition. This focus on innovation positions Stemac not only as a leader in the generator set industry, but also as an agent of transformation in the mining sector. Its commitment to ESG (Environmental, Social, and Governance) practices reinforces its corporate responsibility and commitment to a greener future.
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Stemac recognizes the importance of staying ahead of trends, and this vision has been rewarded with robust sales performance and record revenue. The company has collaborated with various operations in the extractive industry, providing solutions tailored to the specific demands of this sector. The integration of automated systems in mining processes represents a significant advancement, allowing for greater efficiency and reduced environmental impact.
These advancements were made possible thanks to Stemac’s strong leadership and dedicated team, who work tirelessly to sustain innovation across its entire product and service line. The positive impact of Stemac throughout the mining chain is undeniable, confirming its position as a company that truly makes a difference. Stemac is determined to continue its rise, with ambitious plans to further expand its market share and strengthen its brand globally.
Sources: Stemac Annual Report 2024, Brazilian Mining Association, 2024 Electric Generator Market Research
Financial Results and Judicial Recovery
In 2023, Stemac achieved an impressive revenue of R$ 409 million, surpassing the R$ 287 million recorded the previous year. These positive results reflect the good moment the company is experiencing, occurring simultaneously with the conclusion of the judicial recovery process. Stemac faithfully complied with all obligations stipulated in the restructuring plan, demonstrating its robust operational capacity. The judicial recovery, initiated in April 2018, was approved by the court in January 2020, just a month before the pandemic brought additional challenges to the national economic landscape.
Resilience and Commitments
Even in the face of this adverse scenario, Stemac showed resilience, steadfastly maintaining its commitment to its goals and returning to the market. Since then, the company has settled R$ 36.2 million in labor debts and paid over R$ 225 million in taxes. ‘This is not only the end of a challenging cycle, but also a reaffirmation of our resilience and our commitment to employees, clients, and partners’, emphasizes Valdo Marques, Executive Vice President of Stemac. This significant growth upon concluding the judicial recovery is a testament to the dedicated work carried out.
Investments and Local Impact
The company faced economic difficulties since 2015, with a sharp drop in demand and a slowdown in the productive sector. In 2018, it chose judicial recovery to better restructure its accumulated debt. During this process, Stemac remained committed to the market, continuing to invest and operate in Goiás. Established in the state since 2011, the company has not only generated jobs but also boosted the regional economy in areas such as transportation, food, and hospitality, with investments exceeding R$ 400 million.
Social and Environmental Responsibility and Expansion
In addition to its economic impact, Stemac has distinguished itself in social and environmental responsibility. The company invested in projects such as the Pescar Project, which offers vulnerable youth the opportunity to participate in activities involving civic education, professional training, and educational support. With the growth of sales between 2023 and 2024, Stemac foresees a promising future, supported by financial restructuring and the strengthening of its operations. The company reaffirms its commitment to delivering reliable and innovative energy generation solutions.
Expansion and Reliable Solutions
Now, with this phase completed, Stemac will continue its expansion plan, providing its services with excellence and innovation in both the national and international markets. ‘As far as Stemac is concerned, Brazil will not be without energy, not for a minute’, highlights the executive. Stemac’s history is marked by many important milestones in its trajectory, placing it among the 20 largest manufacturers of generator sets in the world.
Trajectory and Technological Innovation
The company began in 1951, selling parts and accessories for imported cars and small gasoline engines. With the increasing demand for reliable energy, Stemac specialized in the manufacture of generator sets and expanded its services, offering customized solutions that ensure greater cost-benefit effectiveness. In 2011, it invested in the construction of a self-sufficient factory in Itumbiara, Goiás, fully efficient in water use and generating 100% of the energy it consumes, utilizing sustainable technologies that promote thermal comfort and safety, being one of the largest in the world with the capacity to produce over 1,500 units per month.
Source: STEMAC Press
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