ENGIE Brasil Energia Reports 12.4% Increase in Adjusted EBITDA for 1Q25
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ENGIE Brasil Energia S.A. reported a 12.4% increase in adjusted EBITDA for Q1 2025, reaching BRL 1.804 billion. Net income rose to BRL 1.679 billion, despite a 9% decline in equity income from TAG to BRL 154 million. The company faced challenges with operating costs but saw positive contributions from its transmission segment. ENGIE aims to optimize operations for sustained growth in future quarters.
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