Business
Itaúsa: Recurring net income up 13% YoY to R$3.9B, net debt down 45.6%, and 5% bonus shares approved
Itaúsa: Recurring net income up 13% YoY to R$3.9B, net debt down 45.6%, and 5% bonus shares approved
About this update from Itausa Sa
Recurring net income rose 13% YoY to R$3.9 billion in 3Q24, with all portfolio companies contributing to growth and improved financial results from liability management. Net debt fell 45.6% YoY, and a 5% bonus share issue plus strong dividend yield highlight robust capital returns.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.