)
EcoRodovias Infraestrutura e Logística (ECOR3) investor relations material
EcoRodovias Infraestrutura e Logística Company presentation summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Corporate structure and geographic footprint
Operates 22 toll road concessions across 6,200 km in Italy and Brazil, with a strong presence in Brazil's main trade corridors and 12 highway concessions plus one port asset.
Generated €4.6 billion in total revenue in 2025, with a diversified shareholder base including Ardian Infrastructure and a B3-listed free float.
Financial and operational performance
Adjusted net revenue reached R$7.6 billion and adjusted EBITDA R$5.7 billion in the last 12 months ending June 2026, with net income of R$519 million.
EBITDA margin consistently above 70% from 2023 to 2025, with a CAGR of 24.4% for EBITDA and 20.7% for net revenue from 2021 to 2025.
Net debt stood at R$23.5 billion with a leverage ratio of 4.1x as of June 2026; 77% of gross debt is inflation-indexed and 72% allocated to highway concessions.
Growth strategy and project pipeline
Selective growth extended portfolio duration from 10 to over 20 years, adding 8 assets in 9 years and focusing on execution, efficiency, and innovation.
Pipeline includes federal projects with capex up to R$15.7 billion and IRRs ranging from 9.2% to 12.7%.
- Revenue up 7.2% in 1H26, but net income fell sharply as Ecovias Sul concession ended.ECOR3
Q2 2026 - Adjusted EBITDA rose 12% to R$1.4 billion, but net loss stemmed from Ecovias Sul amortization.ECOR3
Q1 2026 - Revenue and EBITDA surged in 2025, with major investments and stable leverage.ECOR3
Q4 2025 - Q3 2025 saw strong traffic, revenue, and EBITDA growth, driven by capex and efficiency gains.ECOR3
Q3 2025 - Record traffic and revenue growth drove EBITDA margins above 74%, despite lower net income.ECOR3
Q2 2025 - EBITDA and net income surged in 9M24, driven by traffic growth and robust investments.ECOR3
Q3 2024 - Net income more than doubled as traffic and revenue soared, with leverage and ESG metrics improved.ECOR3
Q2 2024 - Revenue and EBITDA rose, but net income dropped on higher costs and leverage.ECOR3
Q1 2025 - Revenue and EBITDA surged in 2024, driven by investments and strong traffic growth.ECOR3
Q4 2024
Next EcoRodovias Infraestrutura e Logística earnings date
Next EcoRodovias Infraestrutura e Logística earnings date
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
Frequently asked questions
Explore our global coverage
)
)