Motiva Infraestrutura de Mobilidade, BRMOTVACNOR7

Motiva stock gains as third-quarter EBITDA rises 13.4%

Published on 11/10/2026 at 01:01 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Motiva Infraestrutura de Mobilidade stock is in focus after stronger third-quarter operating results. The airport sale also reduced leverage.

Motiva reports stronger third quarter

Motiva's adjusted revenue and adjusted EBITDA increased year over year in the third quarter.
The airport platform sale reduced leverage and simplified the company's portfolio.
Management expects capital spending to accelerate in the fourth quarter while licensing and concession approvals remain important execution factors.

Motiva Infraestrutura de Mobilidade, BRMOTVACNOR7, Illustration mit AI erstellt.

Motiva Infraestrutura de Mobilidade reported stronger third-quarter operating results on October 30, 2026, according to a Quartr earnings summary. Adjusted revenue increased 13.6% year over year to 3.806 billion Brazilian real, while adjusted EBITDA rose 13.4% to 2.521 billion Brazilian real.

Airport sale changes financial profile

The sale of Motiva's airport platform closed on September 1 at an enterprise value of 12.2 billion Brazilian real and generated 5.2 billion Brazilian real in equity proceeds. The transaction simplified the portfolio and supported debt reduction.

Net debt to adjusted EBITDA improved to 3.2 times from 3.6 times. Motiva's consolidated net income included 2.674 billion Brazilian real in non-recurring effects from the airport sale, while adjusted net income reached 750 million Brazilian real.

Investment remains the next test

Management expects capital expenditure to accelerate in the fourth quarter. Full-year execution is forecast below the prior-year level because of licensing and approvals from granting authorities. The 2027 capital program remains under review, with spending assessed according to its flexibility and concession commitments.

Motiva operates roads and rail services across Brazil, connecting passengers and freight through mobility infrastructure. The company describes its business and investor materials on its investor relations website.