3 Key Points — Adjusted net income surged 68.3% year-on-year to R$ 606 million ($115M) in 4Q25, beating the LSEG consensus estimate of R$ 501 million ($95M) by 21%, driven by portfolio optimization that included exiting the loss-making Barcas ferry operation and renegotiating concessions in São Paulo and Mato Grosso do Sul. — Adjusted EBITDA […]
