Copel(ELP) - 2025 Q2 - Earnings Call Presentation

Financial Performance - Recurring EBITDA reached R$1.3 billion, a 4.2% increase[11] - Recurring Net Income was R$452.4 million[11] - Capex totaled R$975.3 million in 2Q25 and R$1.6 billion in 1H25[11] Business Operations - Generation Company (GenCo) EBITDA increased by 12.6% compared to 2Q24[19] - Distribution Company (DisCo) EBITDA increased by 0.6% compared to 2Q24, outperforming regulatory reference by 42.8%[23] - TradeCo sales increased by 21.0% in 2Q25 compared to 2Q24, while recurring EBITDA decreased by 47.5%[27] Indebtedness and Capital Structure - The company's leverage ratio is 2.9x, excluding the acquisition of Baixo Iguaçu HPP[11] - Nominal debt cost for 2Q25 was 13.54% per year, equivalent to 90.88% of the CDI[42] Operational Efficiency - PMSO (Personnel, Materials, Third-party Services, and Others) reduced by 3.7%[30, 31]