Copel records net income of R$ 302.0 million in the 2Q15

Aug 14, 2015, 08:45 ET from Copel

CURITIBA, Brazil, Aug. 14, 2015 /PRNewswire/ -- Companhia Paranaense de Energia - Copel (NYSE: ELPVY, ELP / Latibex: XCOP / BM&FBovespa: CPLE3, CPLE5, CPLE6), a company that generates, transmits, distributes and sells power, announced its results for the second quarter of 2015.

Net income totaled R$302.0 million in 2Q15, 21.7% higher than the R$248.3 million recorded in 2Q14, while EBITDA reached R$493.2 million, 5.7% up on the same period last year. This result was due to the revenue of R$478.1 million related to results of sectorial financial assets and liabilities and the R$120.6 million financial result, due to the increased monetary variation in the period, partially offset by higher costs with the purchase of energy from the auctions (CCEARs) and Itaipu.

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

Conference Call: August 14, 2015

English:   

3:00 pm – New York Time 

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



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http://www.copel.com/ir