Earnings OutlookWeak 4Q24 previews with an expected decrease in Adj. EBITDA by 5% YoY and 12% QoQ.
Free Cash FlowIn our calculations, free cash flow to equity in the period was zero, composed of cash flow from operations, capex, financial expenses, and leasing payments.
Oil PricesThe sequential drop can be largely explained by lower oil realized prices at US$67.1/bbl.