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Eletrobrás reports Q4 earnings and revenue well below forecasts, aims to privatize and enhance operations.
Eletrobrás, a Brazilian energy firm, reported Q4 2024 earnings of $0.03 per share, falling short of the expected $0.11.
Revenue was $1.67 billion, missing the $10.17 billion forecast.
Despite the results, Eletrobrás is focusing on its privatization and using technology to optimize operations.
The company plans to deliver a delayed wind farm in 2025 and has improved governance and employee contracts.
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Eletrobrás reporta ganancias e ingresos Q4 muy por debajo de las previsiones, tiene como objetivo privatizar y mejorar las operaciones.