Eneva SA (BSP:ENEV3)
R$ 11.55 0.06 (0.52%) Market Cap: 20.93 Bil Enterprise Value: 40.52 Bil PE Ratio: 22.27 PB Ratio: 1.21 GF Score: 78/100

Q3 2024 Eneva SA Earnings Call Transcript

Nov 13, 2024 / 02:00PM GMT
Release Date Price: R$12.01 (-2.20%)
Lino Lopes Cancado
Eneva SA - Chief Executive Officer

Good morning, everyone. Thank you for participating in Eneva's Third Quarter 2024 Earnings Call.

Let's start with slide 4 with the main highlights of the period. The third quarter of 2024 was marked by strong operating and financial results and by the progress on the company's growth.

Consolidated EBITDA totaled BRL1.134 billion, an increase of 27% compared to the third quarter of 2023. The company's leverage fell from 4.4 times at the end of June 2024 to 3.5 times at the end of this quarter.

In a downward trend, that will be further intensified by initiatives completed in the first quarter of this year. In this quarter, we recorded a record number of energy exports to Argentina, a figure that was not only higher due to the intensification of thermoelectric dispatch to the National Interconnected System.

ONS has required the generation of ParnaA­ba TTPs interrupting our exports. The company's operating cash flow surpassed the BRL1 billion mark for the second time this year, reaching an all-time high of BRL1.3

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot