The tesa The third quarter ended with net income of 323.3 million reais, an increase of 5.2% compared to 307.3 million reais in the same period last year. The company’s net operating revenue from July to September was R$650.5 million, an increase of 9.8% from R$592.5 million in the third quarter of 2024.
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Earnings before interest, taxes, depreciation and amortization (EBITDA) for the third quarter totaled R$548.8 million, an increase of 12.6% compared to R$487.6 million in the third quarter of last year.
According to the company, which published its balance sheet on Tuesday (11th) this week, the increase in revenue was explained by the positive adjustments of IGP-M and IPCA in the 2025-2026 Permitted Annual Income (RAP) cycle for all of the company’s concessions, as well as the commencement of operations of Pitiguari and reinforcements from Novatrans.
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