GPS Participações e Empreendimentos S.A.: Strong revenue and EBITDA growth in 2Q24, with leverage rising post-GRSA acquisition

About this update from Gps Participacoes E Empreendimentos Sa

Net revenue grew 34% year-over-year in 2Q24, driven by acquisitions and organic growth, while adjusted EBITDA ex-IFRS16 rose 16%. Leverage increased to 2.2x due to the GRSA acquisition, and management anticipates integration and organic growth challenges ahead.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.

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