Recognition and Awards
Equatorial Pará recognized as the best distributor in economic and financial management in the Abradee award; Equatorial Group appeared in the Great Place to Work ranking among the best 20 companies in the country; elected by Extel as the Most Honorable Company in the Utility segment in Latin America, ranking 7 of 8 categories.
Financial Performance
Delivered solid financial results with EBITDA of BRL 3.4 billion. Adjusted net income increased by 4.9% year-over-year, reaching BRL 830 million.
Operational Achievements
Achieved a contractual DEC target for CEEE-D and maintained a solid loss performance trend. Recorded an 8.1% increase in adjusted EBITDA for the Distribution segment.
Debt Management
Extended average debt maturity from 5.5 to 5.8 years and closed the quarter with BRL 16 billion in cash. Net debt-to-EBITDA covenant at 3.3x.
Transmission Segment Divestment
Completed the sale of the transmission segment with an MOIC of 8.3x and an internal rate of return of more than 37% per year.
Shareholder Remuneration
Announced the distribution of BRL 1.8 billion in interest on equity, equivalent to BRL 1.45 per share.