Copel records net income of R$ 470.0 million in the 1Q15

May 15, 2015, 10:16 ET from Copel

CURITIBA, Brazil, May 15, 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 first quarter of 2015.

Copel's net income totaled R$470.0 million in 1Q15, 19.4% lower than the R$583.1 million recorded in 1Q14, and EBITDA reached R $ 834.9 million, down 2.8% compared to the same period of 2014. This result reflects the increase in costs with the purchase of energy from the auctions (CCEARs) and Itaipu, partially offset by the upturn in revenue from electricity sales to final customers and distributors and revenue of R$560.9 million related to the balance of sectorial financial assets and liabilities.

The complete release is available at the Company's website:

Conference Call: May 15, 2015

English:           2:00 pm – US EDT Dial in number: +1 516 300-1066

                        Access Code: Copel (Simultaneous translation into English)

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Contacts: Investor Relations – COPEL Phone: (55 41) 3222-2027