Azul Q3 EBITDA R$1.2B, margin down 13.3pp to 21.4%
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Cemig reported Q3 net profit of R$1.7 billion and adjusted EBITDA of R$1.99 billion, indicating strong operational performance. The results likely reflect improved energy demand and cost management, but details on drivers are limited. This is a positive earnings surprise for the Brazilian utility, potentially supporting its stock.
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