Triunfo Reports 1Q15 Earnings Release
Triunfo posts Net Income of R$88.1 million, Dividend Calculation Base of R$94.7 million and Adjusted EBITDA of R$388.9 million in the quarter.
SAO PAULO, May 14, 2015 /PRNewswire/ --TPI - Triunfo Participacoes e Investimentos S.A. (BM&FBOVESPA: TPIS3, OTC: TPIUY), one of Brazil's leading infrastructure companies, with concessions in the toll road, port administration, power generation and airport administration segments, announces its results for 1Q15. The full earnings release is also available on Triunfo's website: www.triunfo.com/ir.
1Q15 Highlights
- Adjusted net revenue was R$512.5 million (+12.1%) in 1Q15.
- Net income was R$88.1 million and dividend calculation base was R$94.7 million in the quarter.
- Toll roads: Consolidated traffic reached 28.2 million vehicles equivalent (-5.5%) and the toll revenue reached R$188.9 million (+5.9%) compared to the proforma revenue of 1Q14 (including Transbrasiliana on 1Q14).
- Portonave: Container handling volume reached 147,700 TEUs[1] (-9.5%) and revenue from yard and container handling reached R$53.8 million (+2.4%) in the quarter.
- Viracopos Airport handled 2.7 million passengers (+10.5%) in 1Q15 and the cargo terminal handled 46,600 tons of cargo (-11.4%) in the quarter, and despite falling cargo volume, adjusted net revenue from the segment increased by 5.7% to R$23.9 million.
- Adjusted EBITDA came to R$388.9 million (+9.8%) and consolidated EBITDA margin was 75.9%.
Conference Call / Webcast - In Portuguese with simultaneous translation into English
Thursday, May 14, 2015.
11:00 am (Brasilia) / 10:00 am (US ET)
Connection Number Other Countries: +1 (786) 924-6977
Connection Number Brazil: +55 (11) 3193-1001/ + 55 (11) 2820-4001
Code: Triunfo
Replay: available until May 20, 2015
Replay: +55 (11) 3193-1012
Code for Portuguese: 1107637#
Code for English: 9247521#
For more information:
Investor Relations Department
Tel: +55-11-2169-3999
Email: [email protected]
[1] TEU: Twenty-foot equivalent unit
SOURCE Triunfo Participações e Investimentos S.A.
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