Ambipar posts record revenue of R$ 2.1 billion in Q3 2024, with a growth of 79.5%

• Quarterly Net Revenue RECORD of R$2.1 billion, growth of 79.5% vs. Q3 23, and growth of 36.2% in 9M24 vs. 9M23, above the guidance of 10% growth for the year 2024
• Revenue from both business units recorded strong growth in the quarter: Environment grew by 104.7% and Response grew by 57.8% versus Q3 23
• Quarterly EBITDA RECORD of R$515.3 million, growth of +37.0% vs. Q3 23, and growth of 44.8% in 9M24 vs. 9M23
• Adjusted EBITDA Margin in 9M24 of 29.9%, with an expansion of 50 basis points compared to 2023
• Net Profit of R$44.5 million, GROWTH of 27.9% over Q3 23
• Reduction of 0.20x in Adjusted Leverage from 2.82x to 2.62x, on track to achieve the guidance of 2.5x

São Paulo, November 13, 2024 – Ambipar (AMBP3), a global leader in environmental solutions, reached new milestones in the third quarter of 2024. Net revenue reached a record of R$ 2.1 billion from July to September, with a growth of 79.5% compared to Q3 23 and 36.2% in the nine months of 2024 compared to the same period of 2023. On an adjusted basis, cumulative growth for the year was 18.1%, aligned with the guidance of 10% growth for 2024.

EBITDA for the quarter ended in September was also a record, totaling R$ 515.3 million, representing growth of 37.0% compared to Q3 23 and 44.8% in the cumulative 2024 compared to the same period of the previous year. The adjusted EBITDA margin for the year-to-date period was 29.9%, with an expansion of 50 basis points compared to the same period of the previous year.

Additionally, Ambipar recorded a reduction of 0.20x in adjusted leverage, decreasing from 2.82x in the second quarter of 2024 to 2.62x, in line with the goal of reaching 2.5x.

It is worth noting that the debt reduction of R$ 485.4 million reinforces Ambipar’s commitment to deleveraging and generating value for its shareholders.

“This quarter demonstrates the consistency and strength of our sustainable growth strategy. By combining disciplined financial management with investments in innovation and market expansion, we continue to add value and strengthen our position as a leader in the environmental sector. These results allow us to confidently pursue new goals and reaffirm our commitment to delivering long-term sustainable value,” said João Arruda, CFO of Ambipar.

The company also consolidated the areas of circular economy and waste management, allowing for a unified approach and strengthening the strategy of maximizing the use of industrial and post-consumer waste. Ambipar plans to continue its expansion in Brazil and abroad, standing out for sustainable growth and innovation in the environmental sector.

In the Response unit, we will begin presenting regionalized financial data, as well as more specific operational and revenue indicators. Now, revenue is segmented into i- Subscriptions; ii- Field Services, Maintenance, and Routine Emergencies; and iii- Major Emergencies.

For more information, visit Ambipar’s Investor Relations website ri.ambipar.com.

About Ambipar

Ambipar is a Brazilian multinational and global leader in environmental solutions, investing in and operating decarbonization, circular economy, energy transition, and environmental regeneration projects. Present in 40 countries with over 20,000 employees, the company is listed on the B3 (AMBP3) and the New York Stock Exchange (AMBI). To learn more, click here.

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