Operating revenue grew 5.4% to R$38.1 billion in 2025, but profit declined 11.7% to R$8.5 billion due to higher construction costs and lower gross margin. The company completed its privatization, invested R$15.2 billion, and expanded its capital structure, while maintaining compliance with debt covenants and advancing toward universalization targets.
Original document:
This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.