)
Visual
test
AES Brasil Energia
AES Brasil Energia (AESB3) investor relations material
AES Brasil Energia has been delisted
AES Brasil Energia Q3 2024 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2024 earnings summary31 Oct, 2024
Executive summary
Cajuína II wind complex (370 MW) and AGV VII solar plant reached full commercial operation, completing expansion obligations in São Paulo.
Wind portfolio availability improved by 5 percentage points year-over-year, driven by asset turnaround and operational recovery.
Disciplined cost management reduced recurring expenses and improved efficiency.
Net revenue rose 21.3% in 3Q24 year-over-year, but adjusted net income swung to a loss of R$72.1 million from a R$119.3 million profit in 3Q23, mainly due to higher energy costs and financial expenses.
Business combination with Auren Energia completed, with share exchange ratio of 0.75 and transaction price of R$11.84 per share.
Financial highlights
Net margin for 3Q24 was R$566 million, down 4% year-over-year; hydro contributed 41%, wind 53%.
Adjusted EBITDA for 3Q24 was R$378 million, with a year-to-date total of R$1,119 million; both periods saw reductions due to wind curtailment.
Adjusted net loss of R$72 million in 3Q24 and R$260 million year-to-date, mainly due to lower EBITDA, reduced financial revenue, and higher financial expenses.
Net revenue: R$1,102.4 million in 3Q24 (+21.3% YoY); R$2,802.9 million in 9M24 (+14.0% YoY).
Hydroelectric generation fell 32% year-over-year in 3Q24 due to reduced dispatch to preserve reservoir levels.
Outlook and guidance
All expansion obligations in São Paulo are fulfilled, and new wind and solar assets are fully operational.
Portfolio is 99% contracted for 2024, 97% for 2025, and 95% for 2026, supporting revenue visibility.
Contracting levels advanced, with consolidated average sale price above R$180/MWh.
Debt strategy focuses on extending average maturity and reducing CDI exposure, with new long-term financings replacing bridge loans.
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
Latest summaries
- TimeTickerHeadlineOpen
- VARROC
Year-over-year growth in revenue and profit, but exceptional costs and legal disputes weigh on results. - 6988
Net profit soared 137.9% in Q1 FY2024, with robust growth in Optronics and Industrial Tape. - 6988Strong profit growth driven by Optronics, but 2026 outlook signals a cautious slowdown.
- EVO
Q4 2025 saw lower revenues and margins, but profit and capital returns remained strong. - FODELIA
2025 saw 8.4% revenue growth, improved profitability, and strong 2026 guidance. - RUG
Record growth, higher margins, and a SEK 5 dividend proposal mark strong annual results. - JUBLINGREA
Volume growth offset pricing pressure; Q3'FY26 net profit at ₹47 crore, dividend declared. - ENITY
Record 2025 results: 10% loan growth, 19.2% RoTE, SEK 1.4 dividend, strong outlook. - FODELIA2025 net sales up 8.4%, strong Feelia growth, and higher sales and profitability expected in 2026.
- ELMD
Revenue up 15.1% to $16.9M, net income up 44.9%, and strong margins with active buybacks.
AES Brasil Energia
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
)
)
Frequently asked questions
AES Brasil Energia S.A. is a leading renewable energy company based in Brazil, focused on the generation and distribution of electricity through hydroelectric, wind, and solar power sources. The company is part of the AES Corporation group and operates a diverse portfolio that includes hydroelectric power plants, wind power complexes, and solar power complexes. The company is headquartered in São Paulo, Brazil, and its shares are listed on the B3.
Quartr provides global coverage of all investor relation material from public companies.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage