CPFL Energia S.A. ADR (OTCPK:CPFEY) Q3 2024 Earnings Conference Call November 11, 2024 9:00 AM ET
Company Participants
Carlos Cyrino – Director, Investor Relations
Gustavo Estrella – Chief Executive Officer
Wang Kedi – Director
Conference Call Participants
Marcelo Sa – Itau BBA
Daniel Travitzky – Safra Bank
Carlos Cyrino
Good morning. You are welcome to [one month] (ph) session of results. It’s the third quarter of 2024. I’m the Investor Relations Director, and I will be the master of ceremonies today.
Today, we have Gustavo Estrella, our CEO; and the other executives of the company. The whole presentation will be carried out in Portuguese with interpretation for English. If you want to listen to the presentation in English, it will also be on our website. We remind you that everything is being recorded.
I’m now going to give the floor to Gustavo Estrella to present us the results.
Gustavo Estrella
Cyrino, thank you very much. Now we’re on the third quarter of the results. We’re going to start now with our highlights of the results. So I think the load was positive with a growth of 2.4% in the third quarter and 4.9% in the accumulated of the nine months. Our EBITDA with a growth of 0.7%, BRL3.155 billion, we accumulate BRL9.858 billion, our profit 1.5%, BRL1.3 billion and in the nine months with a decline of 0.5%, BRL4.1 billion. Our net debt, BRL26.6 billion with a leverage of 2.04 on the EBITDA. This is all according to our financial covenants. Our CapEx, a growth of 17.8% with BRL1.4 billion. And the nine months, we closed with BRL3.9 billion, remembering that our expectation is to close with BRL5.9 million investment.
Some awards that we had, the first of the institutional investor research, we got the most honored title for the high performance, CEO, IR
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