Centrais Eletricas Brasileiras SA-Eletrobras Sponsored ADR Stock News

Although Eletrobrás has seen a reduction in its profit margin and higher costs, the company continues to reduce expenses and carry out strategic divestments. These divestments should improve the company's capital structure, which, combined with its attractive valuation, seems like a good opportunity to me. I believe the possibility of government intervention in the company is very small, and fo...

Centrais Eletricas Brasileiras S.A. - Eletrobrás' (NYSE:EBR ) Q2 2024 Results Conference Call August 8, 2024 12:30 PM ET Company Participants Ivan de Souza Monteiro - CEO Eduardo Haiama - VP of Finance and Investor Relations Elio de Meirelles Wolff - Vice President Antonio de Godoy - VP of Operations and Security Italo de Carvalho Freitas Filho - Executive of VP of Commercialization Conference ...

Brazil's Eletrobras , Latin America's largest utility, has signed a deal to sell its portfolio of thermoelectric power plants to Ambar Energia for a total 4.7 billion reais ($878.01 million), it said in a securities filing on Monday.

Eletrobrás released 1Q24 results slightly below expectations but made advances in managing its energy balance. The company continues to trade at discounted multiples compared to peers, presenting a buying opportunity. Despite political pressure, 1Q24 showed that legal risks may be reducing.

Brazilian power giant Eletrobras reported late on Wednesday a first-quarter net profit of 331 million reais ($65 million), down 19% from a year earlier as it resumed investments in the transmission segment.

Eletrobrás is a dominant player in the Brazilian energy market, and recently underwent privatization that changed the company's direction.

Centrais Elétricas Brasileiras S.A. - Eletrobrás (EBR) Q4 2023 Earnings Call Transcript

Centrais Elétricas Brasileiras S.A. - Eletrobrás (NYSE:EBR ) Q3 2023 Earnings Conference Call November 8, 2023 11:30 AM ET Company Participants Ivan de Souza Monteiro - Independent President, CEO & Director Eduardo Haiama - EVP, Finance & IR Italo Freitas - EVP, Expansion Engineering Conference Call Participants Daniel Travitzky - Safra Gilmar de Lima - Santander Henrique Peretti - JPMorgan Cha...