Companhia Paranaense De Energia Pfd Class B ( (ELP) ) has released its Q2 earnings. Here is a breakdown of the information Companhia Paranaense De Energia Pfd Class B presented to its investors.
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Companhia Paranaense De Energia Pfd Class B, commonly known as Copel, is a Brazilian company operating in the energy sector, primarily engaged in the generation, transmission, and distribution of electricity. The company is recognized for its diversified energy portfolio, including hydroelectric and wind power plants.
In its latest earnings report for the second quarter of 2025, Copel reported a recurring EBITDA of R$ 1.3 billion, marking a 4.2% increase from the same quarter in 2024. The company’s net income also saw a rise, reaching R$ 573.6 million, a 21.1% improvement year-over-year. These results reflect Copel’s operational efficiency and strategic asset management.
Key highlights from the report include a significant growth in Copel’s operating revenue, which increased by 13.6% to R$ 6.2 billion. The company also made strategic advancements, such as the consolidation of results from Mata de Santa Genebra and HPP Mauá, and progressed in its divestment process at HPP Baixo Iguaçu. Additionally, Copel proposed a migration to B3’s Novo Mercado to enhance governance and expand its investor base.
Despite the positive financial performance, Copel’s recurring net income experienced a slight decline of 9.5% compared to the previous year, primarily due to increased financial expenses. However, the company maintained a strong operating cash generation of R$ 745.9 million for the quarter.
Looking ahead, Copel’s management remains focused on optimizing its portfolio and enhancing operational efficiency. The proposed migration to Novo Mercado is expected to strengthen its market position and attract a broader range of investors, supporting the company’s long-term growth strategy.