Axia's profit, former Eletrobras, falls 37% in 2025 to R$ 6.5 billion
Axia reported a 37% drop in net profit to R$ 6.5 billion for 2025, despite achieving its highest investment volume since 2015.
The company Axia, formerly known as Eletrobras, reported a substantial decrease in net profit, registering R$ 6.5 billion for the year 2025, which marks a 37% decline compared to the previous year. While the reason for this profit drop has not been detailed by the company, it is noteworthy that in the third quarter, Axia recorded a significant loss of R$ 5.4 billion. This loss was attributed to accounting write-downs concerning the sale of its stake in Eletronuclear, which is currently in negotiations with J&F
In contrast, the fourth quarter saw a notable recovery for Axia, reporting a profit of R$ 13.7 billion, over twelve times more than the same quarter in the prior year. This increase was largely due to adjustments relating to future taxable income estimates, although Axia did not provide specifics on these changes. Adjusted for non-recurring events, the profit for this quarter amounted to R$ 1.2 billion, demonstrating a 141% increase from the final three months of 2024.
Ivan Monteiro, the president of Axia, described the year as a "milestone in the company's history," reflecting the overall trajectory and strategic shifts the company is undergoing. Despite the challenges faced with profitability, the notable increase in investment volume indicates a commitment to growth and potential long-term gains following the transitions within the company and the industry.