Ambipar Reports Record-Breaking Quarterly Results

Ambipar Emergency Response (AMBI) has released an update.

Ambipar Emergency Response has reported a robust second quarter in 2024 with a record-breaking net revenue increase of 21% year-over-year and a significant EBITDA growth of 27.7%, primarily driven by strong operational performance in Brazil. The company’s net income soared by 89%, buoyed by enhanced EBIT, reduced financial costs, and tax credit recognitions. These financial achievements underscore Ambipar’s commitment to operational excellence and strategic growth initiatives, including the successful handling of major environmental incidents and the expansion of its global emergency response capabilities.

For further insights into AMBI stock, check out TipRanks’ Stock Analysis page.