Eletrobras Reports Strategic Moves and Financial Highlights
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Eletrobras (EBR) reported its Q3 earnings, highlighting strategic moves and financial outcomes. The company distributed R$ 4.3 billion in dividends, totaling R$ 8.3 billion for the fiscal year. Key developments included the sale of Eletronuclear and acquisition of Tijoá Energia. Adjusted regulatory net revenue declined 4.6% to R$ 9,969 million, while adjusted EBITDA rose 3.4% to R$ 6,419 million. Adjusted IFRS net income fell 68% to R$ 2,176 million. Net debt increased to R$ 42,577 million, as Eletrobras focuses on enhancing shareholder value and expanding its renewable energy portfolio.
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