Axia Energia publishes transcript of 3Q26 earnings call
AXIA•Axia Energia said regulatory EBITDA rose 8% year over year to nearly R$7 billion and operating costs fell 10%. Management maintained 2026 and 2027 annual investment guidance of R$12 billion to R$14 billion.
1. Results and guidance
Axia Energia’s November 5 third-quarter results call featured President Ivan de Souza Monteiro, CFO Eduardo Haiama and other executives. Regulatory EBITDA rose 8% year over year to nearly R$7 billion, while manageable operating costs fell 10%; management maintained annual investment guidance of R$12 billion to R$14 billion for 2026 and 2027.
2. Capital and cost plans
Haiama favored redeeming Class C preferred shares in full at current prices while retaining the minimum 25% dividend payout. Monteiro said contract consolidation drove cost reductions, and reported savings do not yet include the full benefits management expects from artificial intelligence.
