Centrais Elc Braz Pfb B Elbras (EBR.B) has released an update.
Eletrobras reported a robust financial performance for the third quarter of 2024, with an 8.2% increase in regulatory net operating revenue, reaching R$10.6 billion, driven by a significant renegotiation at the Tucuruí Plant. The company’s adjusted regulatory EBITDA rose by 8.7% to R$6.8 billion, and adjusted IFRS net income surged by 588% due to higher EBITDA and asset remeasurements. These results highlight Eletrobras’ strong financial footing, enabling strategic investments and liability reductions.
For further insights into EBR.B stock, check out TipRanks’ Stock Analysis page.
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