SÃO PAULO, July 29, 2025 /PRNewswire/ —
Highlights
- On May 22, 2025, the Company won the bidding process for MSVia;
- On May 29, 2025, ViaMobilidade – Lines 8 and 9 signed the Amendment for the implementation of the ETCS (European Train Control System);
- On June 28, 2025, PRVias started collection at five toll plazas;
- On July 04, 2025, the Amendment at SPVias was signed, resulting in the extension of the concession term by 73 days;
- Comparable traffic1 grew by 3.4% on Toll Roads, 0.5% on Rails, and 10.0% on Airports;
1. Excludes the effects of ViaOeste, Rota Sorocabana, and PRVias on Toll Roads, and Barcas on Rails.
Consolidated Operational and Financial Highlights
|
OPERATIONAL AND FINANCIAL HIGHLIGHTS |
2Q24 |
2Q25 |
Var. % |
1H24 |
1H25 |
Var. % |
|
Consolidated Adjusted Net Revenue¹ |
3,488 |
3,563 |
2.2 % |
6,966 |
7,291 |
4.7 % |
|
Consolidated Adjusted EBITDA¹ |
2,009 |
2,094 |
4.2 % |
4,075 |
4,450 |
9.2 % |
|
Adjusted EBITDA – Toll Roads |
1,498 |
1,535 |
2.5 % |
3,032 |
3,242 |
6.9 % |
|
Adjusted EBITDA – Rails |
513 |
579 |
12.8 % |
990 |
1,163 |
17.5 % |
|
Adjusted EBITDA – Airports |
244 |
294 |
20.5 % |
519 |
597 |
15.2 % |
|
Adjusted EBITDA – Others |
(246) |
(313) |
27.4 % |
(466) |
(553) |
18.7 % |
|
Consolidated Adjusted EBITDA Margin² |
57.6 % |
58.8 % |
1.2 p.p. |
58.5 % |
61.0 % |
2.5 p.p. |
|
Adjusted Net Income¹ |
411 |
398 |
-3.2 % |
859 |
937 |
9.1 % |
|
Net Debt/LTM Adjusted EBITDA (x) |
3.1 |
3.7 |
0.6 p.p. |
3.1 |
3.7 |
0.6 p.p. |
|
Toll Roads – Vehicle Equivalents (million) |
294.5 |
252.8 |
-14.2 % |
595.6 |
556.9 |
-6.5 % |
|
Rails – Passengers Transported (million) |
191.2 |
188.9 |
-1.2 % |
367.0 |
369.7 |
0.7 % |
|
Airports – Boarded Passengers (million) 3 |
9.5 |
10.4 |
10.0 % |
19.1 |
20.7 |
8.5 % |
|
CAPEX4 |
1,628 |
1,779 |
9.3 % |
2,880 |
3,137 |
8.9 % |
- Excludes construction revenue and costs. Adjustments are described in the “non-recurring effects” section in Exhibit I (page 26).
- The Adjusted EBITDA Margin was calculated by dividing Adjusted EBITDA by Adjusted Net Revenue.
- As of 1Q25, all operational data for the airport business contained in this Release will be presented as total passengers versus boarded passengers (which only considers passengers that generate revenue).
- Includes works that do not generate future economic benefits for ViaOeste.
Videoconference
Conference call in Portuguese with simultaneous translation into English:
July 30, 2025
03:30 p.m. São Paulo / 2:30 p.m. New York
Videoconference link:
https://motiva-br.zoom.us/webinar/register/WN_eMVByW9xRG-doPLisdA16w
IR Contacts
Flávia Godoy: (+55 11) 3048-5900 – flavia.godoy@motiva.com.br
Douglas Ribeiro: (+55 11) 3048-5900 – douglas.ribeiro@motiva.com.br
Cauê Cunha: (+55 11) 3048-5900 – caue.cunha@motiva.com.br
Caique Moraes: (+55 11) 3048-5900 – caique.moraes@motiva.com.br
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