Brazilian power giant Eletrobras reported a nearly 25% increase in fourth-quarter net profit, reaching 1.11 billion reais ($191.4 million). The utility, Latin America’s largest by generating capacity, also announced an additional 1.8 billion reais ($310 million) in dividends for shareholders.
Despite the profit surge, adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA), adapted for local regulatory rules, declined 6.4% year-over-year to 5.1 billion reais. However, net operational revenue saw a strong increase, rising over 20% to 12 billion reais in the quarter ending December.
Eletrobras’ performance reflects its dominant position in Brazil’s energy sector, where it plays a key role in power generation and distribution. The additional dividend payout signals confidence in the company’s financial health and commitment to shareholder returns.
The company continues to navigate a shifting regulatory landscape while optimizing operations for sustained growth. Investors are closely watching Eletrobras' strategic moves, including its cost management and expansion efforts, which are crucial for maintaining long-term profitability.
With a solid financial position and a strong revenue uptick, Eletrobras remains a key player in the Latin American energy market. The latest results reinforce its resilience in a competitive sector while rewarding investors with significant dividends.
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