Copel Announced 1Q14 Results

May 15, 2014, 10:55 ET from COPEL

CURITIBA, Brazil, May 15, 2014 /PRNewswire/ -- Companhia Paranaense de Energia - Copel (NYSE: ELP / LATIBEX: XCOP / BOVESPA: CPLE3, CPLE5, CPLE6), a company that generates, transmits, distributes and sells  power, announced its 1Q14 results.

COPEL's consolidated balance sheet presents the figures of its wholly owned subsidiaries, controlled companies, investees and consortium. The consolidated financial statements were prepared in accordance with International Financial Reporting Standards (IFRS) issued by the International Accounting Standards Board (IASB), and with the accounting practices adopted in Brazil.

  • Net Operating Revenue: R$  3,051 million.
  • Operating Income: R$ 816 million.
  • Net Income: R$  583 million.
  • EPS (Earnings per Share): R$ 2.13
  • EBITDA (Earnings Before Interest, Taxes, Depreciation And Amortization): R$ 859 million.
  • Return on Shareholder's Equity: 19.3% annualized.
  • Power Supply (GWh): 7,231
  • Capex: R$ 456 million.

The Company's shares and main indexes presented the following variations in the period:

Ticker   

Price

03/31/2014

Var. %

year

Index

Price

03/31/2014

Var. %

year

CPLE3 (common/ BM&FBovespa)

R$ 21.79

(2.3)

Ibovespa

50,414

(2.1)

CPLE6 (preferred B/ BM&FBovespa)

R$ 29.81

(2.4)

IEE

24,838

(5.4)

ELP (ADR/ Nyse)

US$ 13.11

(0.2)

Dow Jones

16,457

(0.7)

XCOP (preferred B/ Latibex)

€ 9.56

0.6

Latibex

1,960

(5.6)

The complete release is available at the Company's website: www.copel.com/ir

Conference Call: May 16, 2014 English: 2:00 pm – US EST Dial in number: +1 516 300-1066 Access Code: Copel (Simultaneous translation into English) Live webcast at www.copel.com/ir

Contacts: Investor Relations – COPEL Phone: (55 41) 3222-2027 E-mail:ri@copel.com

SOURCE COPEL



RELATED LINKS

www.copel.com/ir