Ecorodovias showed good recovery and bets on positive ESG initiatives

BTG Pactual said that Ecorodovias’ results were in line with the bank’s projections, despite the non-recurring events reported, such as an accounting write-off of R$ 616 million ($108 mm) and fines and tax collections. The bank highlighted the positive performance of the company’s highways, which showed good recovery and had a movement above the average of the conceded highways, according to the index of the Brazilian Association of Highway Concessionaires (ABCR).

Source: Valor Investe