Equatorial Res

Grupo Equatorial recorded adjusted same-asset EBITDA of R$3.5bn in 4Q25 (+20% YoY) and consolidated adjusted EBITDA of R$12.2bn for 2025. Results were hit by a R$3.5bn impairment in the renewables segment, pushing net profit down to R$802m (-20% YoY) and causing the stock to fall sharply. Positive factors included the sale of transmission assets (R$2.2bn capital gain), strong operational improvements in the distribution network, R$11bn in investments and lower net debt of R$41.9bn (net/EBITDA 2.6x). Management emphasizes a focus on expanding the distribution network and capital allocation, but must address issues in the renewables segment and the interest rate environment. » Więcej na de.investing.com

Equatorial Energia reports adjusted EBITDA of R$3.5bn in Q3 2025 (+18.6%), with adjusted net income of R$830m (+4.9%) and net operating revenues of R$14.1bn (+14.4%). The distribution segment contributed significantly due to high collection rates and improvements in reliability metrics, while renewable energy and the sanitation business faced challenges. The company increased investments by 25% to R$3,031m and sold the transmission segment for R$6.4bn to create financial flexibility; higher interest expenses weighed on the net financial result. Equatorial announced a share buyback program and is focusing on further growth opportunities in auctions, variable electricity tariffs and digitalization. » Więcej na de.investing.com