Brazil's largest toll-road and mobility concessionaire Motiva posted a 67% jump in Q2 recurring profit. Explore the revenue and EBITDA drivers for foreign investors.
Brazil · Business
Key Facts
—Adjusted net profit R$663 million (~US$130 million), up 67.0% year-on-year
—Net income R$1.4 billion (~US$275 million), a gain of about 57.5%
—Adjusted net revenue R$3.631 billion (~US$712 million), rising 20.8%
Movida Q2 net income rose 100.7% to R$135.65 million, beating guidance. Rental revenue grew 21% despite 10% fleet growth.
Receita da companhia cresceu 19,9% no período, chegando a R$ 4,8 bilhões
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A companhia reportou tráfego de 125,7 milhões de veículos em maio nas rodovias que opera
