Aug 14, 2024 / 02:00PM GMT
Lino Lopes Cancado - Eneva SA - Chief Operations Officer - Statutory Director
(interpreted) Good morning, everyone, and thank you for participating in our earnings call for Q2 2024 for Eneva.
Let's start on slide number 4, if you will, with the quarter in which was sustained, solid operating results. EBITDA total of BRL1,070 million, an increase of 4.5% when compared to the second quarter of 2023. If we do not consider the results coming from the thermal fertilizer plant in both periods. The EBITDA margin also grew reaching 55.3%, an increase of more than 8% compared -- when compared to Q2 2023.
These numbers were driven by the continuation of thermoelectric dispatch to meet peak loads for the return of exports to Argentina, which were resumed at the end of May after the restrictions observed at the beginning of the quarter due to the extreme rain events in the south of the country had ended. With a reduction in temperature from the end of June onwards, exports gained momentum and reach in July, a record monthly level when we exported more than 500 gigawatt hour for the neighboring
Q2 2024 Eneva SA Earnings Call Transcript
Aug 14, 2024
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