Nov 13, 2024 / 02:00PM GMT
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 ParnaAÂÂba 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
Q3 2024 Eneva SA Earnings Call Transcript
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