SÃO PAULO, May 6, 2025 /PRNewswire/ --
Highlights
1. The Rota Sorocabana concession agreement was signed on February 7, 2025,
for a 30-year term, and its purpose is to exploit several state toll
roads in São Paulo, totaling 460 kilometers, linking the city of São
Paulo with the countryside region via the city of Sorocaba. The operation
began on March 30, 2025.
2. On February 11, 2025, the Company communicated the termination of the
Barcas concession agreement, due to the end of its operating contract.
3. On March 29, 2025, the Company also communicated the termination of the
ViaOeste concession agreement, due to the end of its maturity.
4. The PRVias (Lot 3) concession agreement was signed on April 14, 2025, for
a 30-year term, and its purpose is to exploit five federal toll roads,
totaling 569 kilometers, linking the cities of Maringá and Londrina to
the city of Ponta Grossa.
5. On April 23, 2025, the Company approved the change of its corporate name
to Motiva Infraestrutura de Mobilidade S.A.
6. Adjusted EBITDA grew by 14.0%, with a 3.8 p.p. expansion in EBITDA
margin.
7. As of April 6, 2025, the Company will pay approximately R$320 million in
dividends, approved at the 2025 Annual Shareholders' Meeting.
Consolidated Operational and Financial Highlights
OPERATIONAL AND FINANCIAL HIGHLIGHTS (R$ MM) 1Q24 1Q25 Var. % Consolidated Adjusted Net Revenue(1) 3,479 3,728 7.2 % Consolidated Adjusted EBITDA(1) 2,066 2,356 14.0 % Adjusted EBITDA - Toll Roads 1,535 1,707 11.3 % Adjusted EBITDA - Rails 477 585 22.5 % Adjusted EBITDA - Airports 275 303 10.5 % Adjusted EBITDA - Others (220) (240) 9.0 % Consolidated Adjusted EBITDA Margin(2) 59.4 % 63.2 % 3.8 p.p. Adjusted Net Income(1) 449 539 20.2 % Net Debt/LTM Adjusted EBITDA (x) 3.0 3.6 0.6 p.p. Toll Roads - Vehicle Equivalents (million) 301.1 304.1 1.0 % Rails - Passengers Transported (million) 175.9 181.7 3.3 % Airports - Total Passengers (million) 4 9.6 10.3 7.2 % CAPEX(3) 1,251 1,356 8.4 %
1. Excludes construction revenue and costs. Adjustments are described in the "non-recurring effects" section in Exhibit I (page 26). 2. The adjusted EBITDA margin was calculated by dividing adjusted EBITDA by adjusted net revenue. 3. Includes improvement works that do not generate future economic benefits for ViaOeste. 4. Starting in 1Q25, all airport operational data in this release will be presented as total passengers, instead of boarded passengers (which only includes revenue-generating passengers)
\ Videoconference
Conference call in Portuguese with simultaneous translation into English:
May 06, 2025
10:00 a.m. São Paulo / 9:00 a.m. New York
Videoconference link:
https://grupoccr-br.zoom.us/webinar/register/WN_f8J6yRS-TKa113IejXybTg [https://grupoccr-br.zoom.us/webinar/register/WN_f8J6yRS-TKa113IejXybTg]
\ IR Contacts
Flávia Godoy: (+55 11) 3048-5900 - flavia.godoy@grupoccr.com.br [mailto:flavia.godoy@grupoccr.com.br]
Douglas Ribeiro: (+55 11) 3048-5900 - douglas.ribeiro@grupoccr.com.br [mailto:douglas.ribeiro@grupoccr.com.br]
Cauê Cunha: (+55 11) 3048-5900 - caue.cunha@grupoccr.com.br [mailto:caue.cunha@grupoccr.com.br]
Igor Yamamoto: (+55 11) 3048-5900 - igor.yamamoto@grupoccr.com.br [mailto:igor.yamamoto@grupoccr.com.br]
Caique Moraes: (+55 11) 3048-5900 - caique.moraes@grupoccr.com.br [mailto:caique.moraes@grupoccr.com.br]
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Motiva S.A.