CCR - Results for the 2nd quarter of 2024

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July 29, 2024 6:28 PM EDT

SÃO PAULO, July 29, 2024 /PRNewswire/ -- Highlights:

Contracting of a long-term financing for RioSP, in the amount of R$10.8 billion, with R$9.4 billion to be disbursed in 8 series, being 6 series at a cost of IPCA + 6.90%, and 2 backstop credit series at a cost of IPCA + 8.58%, in addition to a FINEM in the amount of R$1.4 billion at a cost of IPCA + 8.68% (more details in the debt section on page 17).
Issuance of the 17th debentures by CCR Holding for liability management, in the amount of R$2.3 billion, at a cost of CDI + 0.75% (more details in the debt section on page 17).
In line with our portfolio management strategy, we concluded the sale of Samm to Megatelecom Telecomunicações S.A., in the amount of R$100 million.

Consolidated Operational and Financial Highlights

OPERATIONAL AND FINANCIAL HIGHLIGHTS (R$ MM)	2Q23	2Q24	Var. %	1H23	1H24	Var. %
Adjusted Net Revenue¹	3,100	3,488	12.5 %	6,329	6,966	10.1
Consolidated Adjusted EBITDA¹	1,757	2,009	14.4 %	3,731	4,075	9.2 %
Adjusted EBITDA - Toll Roads	1,359	1,498	10.2 %	2,826	3,032	7.3 %
Adjusted EBITDA - Mobility	385	513	33.3 %	870	990	13.8 %
Adjusted EBITDA - Airports	190	244	28.4 %	397	519	30.7 %
Adjusted EBITDA - Other	-177	-246	38.1 %	-362	-466	29.1 %
Consolidated Adjusted EBITDA Margin²	56.7 %	57.6 %	0.9 p.p.	59.0 %	58.5 %	-0.5 p.p.
Adjusted Net Income¹	203	411	102.1 %	520	859	65.2 %
Net Debt/Adjusted EBITDA LTM (x)	3.0	3.1	0.1	3.0	3.1	0.1
Toll Roads - Vehicle Equivalents (million)	283.9	294.5	3.8 %	568.4	595.6	4.8 %
Urban Mobility - Transported Passengers (million)	177.3	191.2	7.8 %	345.7	367.0	6.2 %
Airports - Boarded Passengers (million)	4.3	4.7	9.3 %	8.7	9.5	9.2 %
CAPEX³	1,397	1,628	16.6 %	2,893	2,880	-0.4 %