Orizon publishes pro forma financials after Vital Engenharia Ambiental merger
Reuters2026/08/14 05:42- Orizon Valorização de Resíduos released 2Q26 results on a combined basis following the merger with Vital Engenharia Ambiental, GBio, Orbis.
- Net revenue reached R$ 981.7 million, up 17.3% YoY, driven by consolidation of the acquired platform and higher landfill volumes.
- Adjusted EBITDA totaled R$ 281.7 million, down 0.4% YoY, reflecting biogas-to-biomethane transition costs and incentive payments.
- Adjusted net profit was R$ 103.1 million, down 2.2% YoY, weighed by lower thermoelectric contribution during biomethane ramp-up.
- Net debt closed at R$ 2.24 billion, implying 1.8x net leverage, supported by stronger cash generation from the enlarged group.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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