Gps Participacoes E Empreendimentos SaBMFBOVESPA: GGPS3

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

· Issued by 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.

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