Copel records net income of R$ 91.4 million in the 3Q15

Nov 12, 2015, 07:40 ET from Copel

CURITIBA, Brazil, Nov. 12, 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 third quarter of 2015.

Net income totaled R$91.4 million in 3Q15, 60.8% lower than the R$233.4 million recorded in 3Q14, while EBITDA reached R$299.2 million, down 39.7% over the same period of 2014. This result reflects the 2.4% reduction in Copel's total market (comprising the sales of Copel Dis, Copel GeT and the wind farms), and 31.2% decline in dispatch from the Araucaria TPP over the same period last year.

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

Conference Call: November 12, 2015


12:00 pm – New York Time

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