Eletrobras(US:EBR)2025-03-14 16:222024 Main Highlights - Eletrobras focused on structuring and centralizing the energy trading area to build a customer-centric company[15, 17] - Consistent reduction in Personnel, Material, Services and Others (PMSO) expenses in a structured and sustainable manner, with an 18% decrease in recurring expenses from R$8322 million in 2022 to R$6784 million in 2024[18] - Reduction of compulsory loan inventory by R$125 billion since 2Q22[22] - Active management of R$32 billion in post-privatization shareholdings, including divestments of R$148 billion and acquisitions of R$57 billion[27] - Approximately R$32 billion was raised in 2024 with an average term of 581 months and an average cost of CDI + 01%[29] - Total investment increased from R$5426 million in 2022 to R$7709 million in 2024[33] ESG Agenda and New Energy Market - Eletrobras is focused on decarbonization with a Net Zero 2030 target, including R&D investments of over R$125 million in a H2V pilot plant[43] - Intermittent renewables in the Brazilian energy matrix have increased from 09% in 2010 to 362% in 2024[46] Financial Performance - IFRS Gross Revenue increased by 3% from R$12211 million in 4Q23 to R$12593 million in 4Q24[67] - Proposed profit allocation includes a dividend of R$4000 million, which is 41% of Net Income after deducting Legal Reserve[55] - Total shareholder remuneration of R$4115 million in 2024, with a payout equivalent to 41% of 2024's Net Income[59]