Brazil Q2 earnings split sharply as Fleury's profit jumped 46%, Wiz and PetroReconcavo weakened, and Energisa swung to a US$8 million loss.
Brazil · Business
Key Facts
—Fleury led the group. Net income rose 45.7% to R$221.9 million (US$43.5 million) as revenue and EBITDA both grew by double digits.
—Wiz’s adjusted measure fell. Consolidated adjusted profit declined 13.5% to R$101.0 million (US$19.8 million), while profit attributable to the parent rose 8.4%.
—PetroReconcavo’s profit declined. Net income fell 14.9% to R$202.7 million (US$39.7 million), despite a wider EBITDA margin.
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