Eletronorte, from Eletrobras (ELET3), approves capital increase; battery of outstanding balance sheets and dividends

This Wednesday’s corporate news (04) highlights the approval of earnings by Taesa (TAEE11), Klabin (KLBN11), Irani (RANI3) and Copasa (CSMG3).

Shareholders of Eletronorte, a subsidiary of Eletrobras (ELET3;ELET6), approved a capital increase of R$ 1.93 billion through the issuance of 13.9 million shares.

Allied Tecnologia (ALLD3), in turn, signed a leniency agreement with the Federal Public Ministry (MPF) and a civil non-prosecution agreement with the Public Ministry of the State of São Paulo (MPSP).

The swing season continues with CSN (CSNA3), CSN Mineração (CMIN3) and Getnet (GETT11) ahead of the opening.

Banco Pan (BPAN4), BRF (BRFS3), Energias do Brasil (ENBR3), Pão de Açúcar (PCAR3), PetroRio (PRIO3), Suzano (SUZB3) and Totvs (TOTS3), all after the market close. In addition to these, Oi (OIBR3) discloses its balance sheet for 4Q21, after closing.

Check out the highlights:

Marfrig (MRFG3) recorded net income of R$ 108.8 million in the first quarter of this year, representing a reduction of 61.1% compared to the same period last year.

According to the company, the retraction is due to impacts on the financial result due to the mark-to-market of the shares acquired from BRF and greater compensation and provisions for taxes.

TIM (TIMS3) reported normalized net income of R$419 million in the first quarter of 2022, up 51.2% compared to the same period in 2021.

3R Petroleum (RRRP3)

3R Petroleum (RRRP3) recorded a net loss of R$335.1 million in the first quarter of 2022 (1Q22), which represents a growth of 662.2% compared to the same quarter of 2021.

Adjusted earnings before interest, taxes, depreciation and amortization (Ebitda) grew 150.3% in 1Q22, totaling R$198.5 million.

Iguatemi (IGTI11) recorded a net loss of R$ 16.355 million in the first quarter of this year, reversing a profit of R$ 38.945 million calculated a year earlier.

According to the company, the net financial result was negative by R$126.5 million in the first quarter, an increase of 3906% over the financial losses in the same quarter of 2021, negatively impacted by the mark-to-market of the investment in Infracommerce in the amount of R$ 86.9 million.

Cielo (CIEL3) recorded recurring income of R$ 184.6 million, representing an increase of 35.9% compared to the same period last year.

Raia Drogasil (RADL3) recorded net income of R$153.6 million in the first quarter of 2022 (1Q22), 18.6% lower than the same quarter of 2021.

Vulcabras (VULC3)

Vulcabras (VULC3) more than tripled net income in the 1st quarter of 2022, to R$53.9 million.

Accounting Ebitda and Recurring Ebitda increased 124.1%, reaching R$83.6 million in 1Q22, compared to R$37.3 million in the same period last year. The accounting and recurring Ebitda margin grew 5.5 percentage points to 15.5%.

Isa Cteep (TRPL3;TRPL4) reported net income of R$ 112.5 million in the 1st quarter of this year, which represents a decrease of 63.5% compared to 1Q21, when it recorded R$ 308.1 million.

Meanwhile, IFRS net income totaled R$543.1 million in 1Q22, 6.8% less than in 1Q21, which was R$582.6 million.

Tegma (TGMA3) recorded net income of R$18.8 million in the first quarter of 2022 (1Q22), which represents a decrease of 6.8% compared to the same quarter of 2021.

According to the company, the drop reflects the worsening of the automotive sector and its impact on the balance sheet – despite the improvement in the Integrated Logistics Division, the improvement in equity in the earnings and the improvement in the financial result.

Logistics services company JSL (JSLG3) reported in the first quarter of 2022 (1Q22) earnings before interest, taxes, depreciation and amortization (Ebitda) of R$ 219.5 million, 71.4% higher than that recorded in the first quarter of 2021 (1Q21).

However, net income was R$ 33 million in the period, 21.5% less than in the first quarter of last year.

The electric company approved dividends in the amount of R$800.2 million, equivalent to R$0.77435441646 per common and preferred share or R$2.32306324937 per unit (TAEE11).

Payment will take place on May 31, 2022, based on the shareholding position on May 9, 2022. As of May 10, 2022, shares and units will be traded “ex-dividends”.

Copasa (CSMG3)

Copasa confirmed payment of JCP in the amount of R$33.871 million, equivalent to R$0.0893279501 ​​per common share.

Payment will be made on May 16, from the shareholding base of March 22, 2022.

Irani (RANI3) approved the distribution of interim dividends in the amount of R$ 33.813 million.

The total amount is R$24,813,454.89, corresponding to R$0.0996056 per share. Shareholders are entitled to shares on May 6, 2022, and as of May 9, “ex-earnings” will be traded.

Payment will be made by May 31, 2022.

Syn Prop Tech (SYNE3)

Syn Prop Tech (SYNE3) approved the distribution of BRL 80 million in dividends, equivalent to BRL 0.5240 per share, payable on May 30.

B3 (B3SA3) concluded the scheduled renegotiation of its second issue debentures, acquiring 1,592 debentures, equivalent to 1.33% of the total.

Eletronorte’s shareholders approved a capital increase of R$1.93 billion through the issuance of 13.9 million shares, at R$138.35 each.

Guararapes (GUAR3)

Guararapes (GUAR3) approved the purchase of debentures of its own issue, using funds to be obtained in a new issuance of debentures. Under the terms of the transaction, the funds to be obtained refer to the 5th issue and will be subject to the acquisition of up to 900,000 debentures.

Livetech (LVTC3)

Livetech (LVTC3) approved the distribution of R$11.2 million in dividends, corresponding to R$0.1740024516005374 per common share. Shareholders in the shareholding position at the end of the trading session on April 29 will be entitled to the dividends. The payment of said earnings will still have a defined date.

Allied Technology (ALLD3)

Allied Tecnologia (ALLD3) informed that it signed a leniency agreement with the Federal Public Ministry (MPF) and a civil non-prosecution agreement with the Public Ministry of the State of São Paulo (MPSP).

According to the company, the agreements are related to the facts investigated in Operation Triúno (offshoot of Operation Descarte), launched by the Federal Police on October 22, 2020.

The agreements are subject to ratification by the 5th Chamber of Coordination and Review of the company, for a net global amount of approximately R$23.8 million, restated up to the date of payment, to be paid to the Federal Government and the Public Treasury of the State of São Paulo. Paulo within 30 working days from the last approval

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