Wednesday’s Company Highlights

Dividends: Gerdau will pay R$0.71 per share on the 25th. (Image: YouTube/Gerdau North America)

The announcement of a partnership between root (ROOT4) and ASR Groupin addition to the payment of dividends and the disclosure of balance sheets by other companies, are some of the corporate highlights of this Wednesday (3).

The agreement announced by Raízen aims to create a global chain for the supply and sale of sugar 100% traceable raw, produced from sugar cane not genetically modified.

According to a press release, the partnership has a duration of 10 years and involves an annual volume of 1.2 million tonnes per year, which is equivalent to around 20% of Raízen’s production.

dividends

THE Gerdau (GGBR4) and the holding company that controls it, the Gerdau Metallurgy (GOAU4), announced on Wednesday the payment of dividendsafter the publication of the second quarter balance sheet.

Gerdau will pay BRL 0.71 per share on the 25th, while Metalúrgica Gerdau will make available to shareholders on the 26th the amount of BRL 0.36 per share, according to a press release.

THE Engie (EGIE3) approved the payment of R$ 577.8 million in dividends. The amount per share will be R$ 0.7082542240, to be paid on a date defined later by the Board of Directors.

The board of directors of the Cielo (CIEL3) approved the distribution of R$ 224.2 million in interest on equity (JCP). The JCPs to be distributed relate to the second quarter of 2022 and are subject to income tax.

balance sheets

THE Gerdau achieved a net profit of 4.3 billion reais in the second quarter, a value that represents an annual increase of 9.3% compared to the consolidated result and an advance of 27.5% according to the adjusted criteria, the company informed this Wednesday (3).

the last line of to balance exceeded analysts’ estimates, which indicated a profit of 4.0 billion reais, according to data collected by Bloomberg.

THE Gerdau Metallurgy reported net profit of R$ 4.3 billion in the second quarter of 2022, an increase of 26%.

THE Engie Brazil (EGIE3) registered adjusted net income of R$514 million in the second quarter of 2022, an increase of 20.4% compared to the same period of the previous year.

THE sky (SKY3) recorded a recurring net income of 383.4 million reais in the second quarter of the year. The result represents a jump of 112.5% ​​on figures reported for the same period in 2021.

The net profit of Chopped off (CSMG3) fell 24% in the second quarter compared to the same period last year, to 180 million reais. EBITDA, which measures operating income, was R$492 million, stable compared to 2Q21.

THE Iguatemi (IGTI11) reversed the net income of R$317.9 million recorded in the second quarter of 2021 and recorded net loss of BRL 133.3 million at the same time this year.

THE JSL (JSLG3) reported a net profit of R$29.8 million in the second quarter, down 68% from the same period last year. In the adjusted criterion, profit was R$34.2 million, down 23.8% on the same basis of comparison.

other news

THE Ambipar (AMBP3) bought, for an undisclosed amount, the Canadian company Ridgeline, its 13th acquisition in North America. Thus, the company now has 48 bases located in the region.

THE Braskem (BRKM5) signed an agreement for the acquisition of shares and the subscription of new shares issued by Wise plasticstotaling a 61.1% stake in the company’s share capital.

THE 3R oil (RRRP3) said its subsidiary 3R Lux took out a $500 million loan to pay for the acquisition of the Potiguar Pole.

THE Multiplane (MULT3) announced that it had exercised the right to buy the remaining stake that it does not yet hold in DiamondMall, a shopping center in Belo Horizonte, a transaction in which it will pay 340 million reais.

The executive chairman of sky (SKY3), Gustavo Sousaleft the company after just over a year in office, the payment company announced on Wednesday, which also announced a reformulation of the strategy to focus on digital transformation.

Megan Schneider

"Typical zombieaholic. General twitter fanatic. Food fanatic. Gamer. Unapologetic analyst."

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