Business
Equatorial Energia: EBITDA rose 11.3% to R$2.9B, but net income dropped 23.6% amid higher financial costs
Equatorial Energia: EBITDA rose 11.3% to R$2.9B, but net income dropped 23.6% amid higher financial costs
About this update from Equatorial S.a.
Adjusted EBITDA grew 11.3% to R$2.9 billion, with strong distribution and services performance, but adjusted net income fell 23.6% due to higher financial expenses. Investments rose 12% to R$2.6 billion, and leverage improved, while renewables faced adverse wind conditions. Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.