Growth in Net Operating Revenue
Net operating revenue grew 4.2% compared to the third quarter of '24, driven by solid industrial activity in Brazil and strong performance in Europe.
Strong EBITDA Performance
EBITDA reached BRL 2.3 billion, an increase of 2.3% compared to 3Q '24, with a healthy EBITDA margin of 22.2%.
Return on Invested Capital
Return on invested capital remained high at 32.4%, despite a decrease compared to the same period last year due to higher invested capital.
Strategic Investments and Acquisitions
Investments include a BRL 1.1 billion plant in Santa Catarina and a USD 77 million investment in Missouri, as well as the acquisition of a controlling stake in Tupinamba Energia.
Positive Outlook for T&D Operations
Continued strong delivery volumes in North America and strategic expansion in Mexico and China.