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Eletrobras(EBR) - 2025 Q2 - Earnings Call Presentation

Financial Performance - Shareholder remuneration reached R$ 4 billion in dividends[10] - Generation contribution margin increased by 21% compared to 1Q25 and 16% compared to 2Q24, offsetting a drop in transmission revenue[10] - Compulsory Loan was reduced by R$ 1.2 billion, reaching R$ 11.97 billion[10] - Investments increased by 116% compared to 1Q25[10] - Adjusted net income decreased by 176%[21] Energy Trading - Eletrobras' generation contribution margin from ACL+MCP increased from R$ 1.124 billion in 2Q24 to R$ 1.615 billion in 2Q25[39] - Uncontracted energy considering hedge estimate is 13% in 2025[43] Capital Allocation - Proposal for dividends of R$ 4 billion in 2Q25[51] - TNE's RAP is expected to increase from R$ 416 million to R$ 561.7 million in July 2025[56] - Personnel expenses fell 15% YoY, even when considering the 5.35% IPCA inflation rate in the period[29] - The company has released R$ 2.4 billion in amounts from court deposits and other guarantees since 2Q22[85]