AXIA Energia

Axia Energia reports adjusted regulatory EBITDA of R$8.6 billion in Q1 2026 (+60%) and an adjusted net income of R$3.707 billion, supported by higher spot market prices and improved hydrology. Adjusted revenue rose by double digits; investments were expanded to R$1.355 billion and transmission investments increased significantly. Management implemented portfolio optimizations — sales, shifts in equity stakes, a move to the Novo Mercado and the planned ADR delisting step — and plans further capacity expansions including a 247‑MW project. Despite the strong results, the stock fell about 6.6% after hours; investors were concerned about slightly missed revenue expectations and the sustainability of high power prices. » More on de.investing.com

AXIA Energia reported an adjusted Q4 net profit of R$1.25bn (+141% YoY), beating analyst estimates; EPS was $0.22 (+38.3% vs. estimate). Regulatory EBITDA rose, the generation margin improved markedly, and management recognized deferred taxes of $12.36m, which lifted IFRS net income to R$13.69bn. Investments climbed 28% to R$3.9bn, the company secured four transmission lots and is building a R$14bn pipeline, while free cash flow in the quarter was negative due to high investments. AXIA announced governance improvements and a planned move to Novo Mercado; the next report is scheduled for 12 March 2026. » More on de.investing.com

Fitch has affirmed Axia Energia’s long‑term issuer default ratings in foreign and local currency and the rating on senior unsecured notes at 'BB-' and has raised the outlook from stable to positive. The national ratings for Axia Energia and its subsidiary Chesf were affirmed at 'AA(bra)'. Fitch justifies the positive outlook with expected improvements in cash generation and credit metrics from planned asset disposals and more favorable assumptions for energy sale prices; it also highlights the group’s strong liquidity and financial flexibility. » More on de.investing.com