Business
Aeris Indústria e Comércio de Equipamentos para Geração de Energia: Revenue and margins declined sharply amid market contraction, despite strong services growth
Aeris Indústria e Comércio de Equipamentos para Geração de Energia: Revenue and margins declined sharply amid market contraction, despite strong services growth
About this update from Aeris Industria E Comercio De Equipamentos Para Geracao Deenergia S.a.
Net revenue fell 13% sequentially and 44% year-over-year, with a net loss of R$56.7 million and EBITDA margin dropping to 7.5%. Services segment grew 37.8% year-over-year, but the wind energy market slowdown and higher financial expenses pressured results.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.