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Motiva – Results for the 1st quarter of 2026

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SÃO PAULO, April 29, 2026 /PRNewswire/ —

Highlights

On April 2, 2026, the Share Purchase and Sale Agreement for Minas_SP (Fernão Dias) was signed. The transaction amount was approximately R$ 381 million.Excluding the Airport Platform, cash OPEX/Adjusted Net Revenue (LTM) was 35.1% in 1Q26, representing a reduction of 3.0 p.p. compared to 1Q25.On April 30, 2026, the Company will make the payment of approximately R$ 124 million in dividends, as approved at the 2026 Annual General Meeting.On March 4, 2025, an amendment agreement was signed at Renovias, resulting in the extension of the concession term until June 30, 2026.On January 8, the Company announced the implementation of the joint operation of a digital platform for the management and processing of toll payments at free flow gantries, named Pedágio Digital (www.pedagiodigital.com).

1. For the purposes of this calculation, it considers (i) jointly owned subsidiaries and (ii) the Airport Business.

Consolidated Operational and Financial Highlights

OPERATIONAL AND FINANCIAL HIGHLIGHTS (R$ MM)

1Q25

1Q26

Var.%

Consolidated Adjusted Net Revenue¹

3,147

3,327

5.7 %

Consolidated Adjusted EBITDA¹

2,050

2,240

9.3 %

Adjusted EBITDA – Toll Roads

1,685

1,932

14.7 %

Adjusted EBITDA – Rails

574

587

2.3 %

Adjusted EBITDA – Others

(209)

(279)

33.5 %

Consolidated Adjusted EBITDA Margin²

65.1 %

67.3 %

2.2 p.p.

Adjusted Net Income¹

539

627

16.3 %

ROE LTM3

10.0 %

20.2 %

10.2 p.p.

ROIC LTM3

6.7 %

8.7 %

2.0 p.p.

Net Debt/LTM Adjusted EBITDA (x)

3,5x

3,6x

0.1x

Toll Roads – Vehicle Equivalents (million)

304,1

313,9

3.2 %

Rails – Passengers Transported (million)

181,7

185,0

1.8 %

CAPEX4

1,210

1,473

21.7 %

1. Excludes construction revenue and costs. Adjustments are described in the “non-recurring effects” section in Exhibit I (page 22).
2. The Adjusted EBITDA Margin was calculated by dividing Adjusted EBITDA by Adjusted Net Revenue.
3. ROE = Net Income/Equity | ROIC = NOPAT (EBIT*1-effective rate) /Invested Capital (Equity + Gross Debt).
4. Includes improvement works that do not generate future economic benefits for ViaOeste.

Discontinuation of the Airport Business and Accounting Reclassification

On November 18, 2025, the Company entered into a share purchase and sale agreement for 100% of the shares of Companhia de Participações em Concessões (CPC) with ASUR, marking the full divestment of the Airport Business. The execution of the agreement resulted in relevant accounting effects, as from that date all results and balance sheet positions related to the airport segment were consolidated into a specific line item in the Income Statement, entitled Result from Discontinued Operations, and in the Balance Sheet as Assets and Liabilities Held for Sale.
The results for 1Q25 were reclassified and restated to reflect this change, and 1Q26 is already presented excluding the contribution of airport operations from the Company’s consolidated figures.

For informational purposes, in the comparison between 1Q26 and 1Q25, the Airport Platform recorded a 31% increase in net income. This result reflected higher passenger volumes across all assets, combined with the positive effects of the liability management carried out in the second half of 2025.

Videoconference

Conference call in Portuguese with simultaneous translation into English:
April 29th, 2026
10:00 a.m. São Paulo / 9:00 a.m. New York
Videoconference link:
https://motiva-br.zoom.us/webinar/register/WN_37Xv5m_DTeGZp9nkY5u_FA#/registration

 IR Contacts

Flávia Godoy:     (+55 11) 3048-5900 – flavia.godoy@motiva.com.br
Douglas Ribeiro: (+55 11) 3048-5900 – douglas.ribeiro@motiva.com.br
Cauê Cunha:      (+55 11) 3048-5900 – caue.cunha@motiva.com.br
Caique Moraes:  (+55 11) 3048-5900 – caique.moraes@motiva.com.br
Ana Beatriz Bovo:(+55 11) 3048-5900 – ana.bovo@motiva.com.br

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Ashley Graham and Breescape Launch Cooling Bedding Collection, Setting the Standard for What a Good Night’s Sleep Feels Like

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The supermodel and bedding brand created the new collection to meet the sleep needs of modern women

NEW YORK, June 19, 2026 /PRNewswire/ — Supermodel, entrepreneur, and advocate Ashley Graham has teamed up with Breescape®, a bedding brand focused on cooling comfort for hot sleepers, to launch a new collection of cooling bedding. The collection was designed for women with busy lives who often miss out on quality sleep and rest.

The partnership reflects Graham’s personal values and highlights how important good sleep is for overall well-being. It also shows that new sleep solutions can make a real difference, especially for people who struggle with getting too warm at night.

Nighttime overheating is a common problem that disrupts sleep for millions of women, including new mothers, women going through perimenopause, and busy professionals who tend to feel hot at night. Overheating can then cause more awake periods throughout the night, resulting in less-than-restful sleep.

“When I think about the women in my life — the ones who are up before sunrise, caring for their kids, running their businesses, showing up for everyone around them — the least they deserve is to finally sleep through the night,” said Graham. “That’s why I partnered with Breescape. This isn’t just bedding. It’s rest. And rest is how we keep going.”

The Ashley Graham x Breescape collection includes the Cooling Comforter 2.0, Cooling Sheet Set, and Cooling Pillowcases, all available in a new design, Ashley Stripe. Thoughtfully designed, the striped pattern helps to create an effortlessly tranquil environment, all with the ultimate goal of better rest.

The products use Breescape’s patented BlendTek™ fabric, which is designed to help with the main problems of sleeping hot. The fabric lets air flow, pulls moisture away, and keeps a cool feeling all night. In independent tests, 91% of people said Breescape’s materials felt cooler than other leading cooling products, and 93% found the comforter more breathable all night.

The result: uninterrupted, restorative sleep — whether you’re a parent, a professional, or simply someone trying to keep up with life’s demands.

To find more Breescape products, visit: https://breescape.com/.

About Ashley Graham
Ashley Graham is a supermodel, entrepreneur and advocate who has redefined beauty standards and championed inclusivity on and off the runway. From her groundbreaking Sports Illustrated Swimsuit cover to appearances on Vogue, Harper’s Bazaar, and Elle, Ashley has inspired millions worldwide with her confidence and authenticity. She is also the author of the New York Times bestseller A New Model, and continues to use her global platform to push for greater representation and body positivity – making her an ideal partner for Breescape in promoting real sleep solutions.

About Breescape
Breescape® is a sleep science-led brand engineered for hot sleepers, offering the ultimate solution for a refreshing, sweat-free sleep experience, even during the hottest months of the year. Our patented fabric technology, BlendTek™, blends multiple fibers in the golden ratio to deliver real, long-lasting coolness with an instant cool-to-the-touch sensation, enhanced breathability, and efficient moisture-wicking for sleepers experiencing hot flashes, ensuring all-night comfort.

For more information, visit www.breescape.com or shop at Amazon.com/breescape. Connect with Breescape on social media @Breescapehome.

Contact: Ashley Wroblewski 
Interdependence Public Relations 
608-415-2361 
417192@email4pr.com

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SOURCE Breescape™

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/C O R R E C T I O N — MDA Space/

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In the news release, MDA Space announces definitive agreement to acquire US-based Blue Canyon Technologies LLC, issued 19-Jun-2026 by MDA Space over PR Newswire, we are advised by the company that a change has been made. The complete, corrected release follows:

MDA Space announces definitive agreement to acquire US-based Blue Canyon Technologies LLC

Expands Total Addressable Market for MDA SpacePositions company to further pursue substantial US defence market opportunitiesAdds a profitable, cash-generating business with 18-year historyTransaction expected to be accretive to Adjusted EBITDA1 and Adjusted EPS1 in 2027Adds high-quality spacecraft and satellite component supplier business and US$3.5B (approx. C$4.9B) to pipelineComplementary technology and customer setAdds key talent & manufacturing facilities in Denver, Colorado space & aerospace hub

TORONTO, June 19, 2026 /PRNewswire/ – MDA Space Ltd. (TSX:MDA) (NYSE:MDA) (the “Company”), a trusted mission partner to the rapidly expanding global space industry, has signed a definitive agreement to acquire 100% of the membership interests of Blue Canyon Technologies LLC in an all-cash transaction for a purchase price and enterprise value of US$620 million (approximately C$874 million), subject to purchase price adjustments. Blue Canyon Technologies (BCT) is a spacecraft and satellite component manufacturer and mission services provider, currently part of RTX’s Raytheon business.

With more than 85 spacecraft launched and 3,500+ products on orbit, BCT has established impressive flight heritage and mission success since the company was founded in 2008. Once completed, the transaction is expected to provide MDA Space with a strategic business and manufacturing footprint to capitalize on growing demand in the US government market for defence space missions. With over 400 highly skilled employees and two manufacturing facilities in the Denver, Colorado space and aerospace hub, BCT offers a diverse and innovative product portfolio that enables a broad range of missions for the space economy.

“The acquisition of Blue Canyon Technologies is expected to accelerate our growth strategy by increasing our US market opportunities with highly complementary capabilities, local manufacturing footprint and a skilled and specialized talent base,” said Mike Greenley, CEO of MDA Space. “Securing those strategic benefits on an accretive basis with a profitable and cash-generating business makes this an ideal fit for MDA Space expansion and continued shareholder value creation.” 

Transaction Details

The transaction will add a profitable, cash-generating business that is expected to be accretive to Adjusted EBITDA and Adjusted EPS in 2027. With an 18-year history, BCT is a high-quality spacecraft and satellite component supplier that will add US$3.5B (approximately C$4.9B) to our opportunity pipeline. The transaction is expected to close by the end of 2026, subject to customary closing conditions and required regulatory approvals, and is fully committed and financed at signing through senior secured debt. As part of our ongoing capital allocation framework, we will evaluate opportunities to optimize our capital structure over time, subject to market conditions and broader capital deployment priorities. This transaction is expected to result in 2026 pro forma leverage within our stated target range of 1.5x to 2.5x net debt to last twelve months adjusted EBITDA. 

Conference Call

MDA Space will host a conference call and webcast to discuss the transaction on Friday, June 19, 2026 at 8:30 a.m. ET. Interested parties can join the call by dialing 1-416-945-7677 (Toronto area) or 1-888-699-1199 (toll-free North America) or +44-800-279-7040 (toll-free United Kingdom) and entering the conference ID 30111. A live webcast of the conference call and an accompanying slide presentation will be available at https://mda-en.investorroom.com/events-presentations.

A replay of the webcast will be archived on the MDA Space Investor Relations website following the call. Parties may also access a recording of the call, which will be available until June 26, 2026, by dialing 1-888-660-6345 and entering the passcode 30111#.

FORWARD-LOOKING STATEMENTS
This press release may contain forward-looking information within the meaning of applicable securities legislation, which reflects the company’s current expectations regarding future events. Such forward-looking information includes, but is not limited to, information with respect to the Company’s objectives and strategies to achieve these objectives, as well as information with respect to the Company’s beliefs, plans, expectations, anticipations, estimates, intentions and views of future events, including statements regarding the proposed acquisition, the anticipated timing for the closing of the acquisition, the anticipated benefits, synergies and growth opportunities expected to result from the acquisition, and any projected, estimated or forecasted financial information presented in connection therewith. There can be no assurance that: (i) the acquisition will be completed on the anticipated timeline, or at all, and the closing of the acquisition may be delayed or may not occur within the anticipated timeframe or at all; (ii) the conditions to the closing of the acquisition will be satisfied, including the receipt of all required regulatory, governmental and third-party approvals, and the failure to obtain any such approvals or satisfy any such conditions could delay or prevent the closing of the acquisition; (iii) any projected, estimated or forecasted financial information presented in connection with the acquisition will be achieved, as such projections are based on assumptions that may prove to be incorrect, and actual results may differ materially from those projected, estimated or forecasted; and (iv) the anticipated strategic benefits, growth opportunities and synergies described in connection with the acquisition will be realized as expected, or at all, as such benefits may take longer to realize than anticipated, may be more costly to achieve than expected, or may not be realized at all.

All forward-looking statements are based on assumptions and analyses made by MDA Space in light of management’s experience and perception of historical trends, current conditions and expected future developments and other factors it believes are appropriate, and are subject to risks and uncertainties and other factors which may cause the actual results, performance or achievements of MDA Space to differ materially from those anticipated in such forward-looking statements for a variety of reasons, including without limitation the risk that the acquisition will not be completed on the anticipated timeline or at all, the risk that conditions to the closing of the acquisition will not be satisfied, including the receipt of all required regulatory, governmental and third-party approvals, and the risks and uncertainties detailed under the “Risk Factors” section of MDA Space’s annual information form dated March 4, 2026. Although MDA Space believes that the assumptions underlying these statements are reasonable, they may prove to be incorrect and there can be no assurance that actual results will be consistent with the forward-looking statements. Accordingly, readers should not place undue reliance on any forward-looking statements or information included within this press release. These forward-looking statements speak only as of the date of this news release. Except as required by law, MDA Space is not under any obligation, and expressly disclaims any intention or obligation, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

ABOUT MDA SPACE
Building the space between proven and possible, MDA Space (TSX:MDA) (NYSE:MDA) is a trusted mission partner to the global defence and space industry. A robotics, satellite systems and geointelligence pioneer with a 55-year+ story of world firsts and more than 450 missions, MDA Space is a global leader in communications satellites, Earth and space observation, and space exploration and infrastructure. The global MDA Space team of more than 4,000 space experts has the knowledge and know-how to turn an audacious customer vision into an achievable mission — bringing to bear a one-of-a-kind mix of experience, engineering excellence and wide-eyed wonder that’s been in our DNA since day one. For those who dream big and push boundaries on the ground and in the stars to change the world for the better, we’ll take you there. For more information, visit mda.space.

SOCIAL MEDIA
LinkedIn: LinkedIn.com/company/MDAspace
X: X.com/MDA_space
Facebook: Facebook.com/MDAspace
YouTube: YouTube.com/c/MDAspace
Instagram: instagram.com/MDA_space

1 Non-IFRS measure

Correction: The MDA logo has been exchanged for the MDA Space logo.

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SOURCE MDA Space

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BSE Index Services launches BSE Saatvik 100 Index

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MUMBAI, India, June 19, 2026 /PRNewswire/ — BSE Index Services Pvt. Ltd., a wholly owned subsidiary of BSE, today announced the launch of India’s 1st Saatvik Index, BSE Saatvik 100. The Index is derived from the constituents of BSE 500 Index that align with Saatvik principles.

The BSE Saatvik 100 Index has a base value of 1000, first value date is 20th June 2005, and it is reconstituted Semi-annually in June & December.

Speaking at the launch, Mr. Ashutosh Singh, MD & CEO, BSE Index Services Pvt. Ltd. said, “The launch of the BSE Saatvik 100 Index marks an important step in broadening the range of thematic indices available to investors seeking alignment between their investment decisions and value-based principles. As capital markets continue to evolve, investor preferences are increasingly extending beyond traditional financial metrics to include ethical, cultural and philosophy-driven considerations. The Index represents a distinctive addition to India’s indexing landscape and provides market participants with a credible foundation for the development of passive, structured and other investment products aligned with this philosophy.”

This new index can be used for running passive strategies such as ETFs and Index Funds. It can also be used for benchmarking of PMS strategies, MF schemes and fund portfolio. Investors can now access a broader spectrum of market opportunities, further enriching their investment strategies with this latest addition to BSE’s suite of indices.

Click here to know more about the index.

About BSE INDEX SERVICES PRIVATE LIMITED:

BSE Index Services Pvt. Ltd. (formerly Asia Index Pvt. Ltd.) is a wholly owned subsidiary of BSE Ltd, Asia’s oldest stock exchange and home to the iconic SENSEX index – a leading indicator of Indian equity market performance. BSE Index Services Pvt. Ltd aims to provide a full array of indices to global / domestic investors and calculates, publishes, and maintains a diverse family of indices.

About BSE:

BSE is Asia’s oldest exchange and the world’s largest exchange in terms of the number of listed companies. BSE has been playing a prominent role in developing the Indian capital market and has successfully offered an efficient capital raising platform to many companies in India. The benchmark index of BSE, Sensex, is tracked by investors across the globe is also considered as a barometer for the growth of Indian Economy. BSE provides an efficient and transparent market for trading in equity, debt instruments, equity derivatives, currency derivatives, interest rate derivatives, mutual funds, stock lending and borrowing.

 

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