
Triunfo Reports 3Q14 and 9M14 Earnings Release
Adjusted EBITDA increases to R$ 172.3 million (+44.7%), Adjusted Net Revenue of R$ 304.2 million (+31.4%) and Dividend Calculation Base of R$ 14.8 million in 3Q14
SAO PAULO, Nov. 6, 2014 /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 3Q14 and 9M14. The full earnings release is also available on Triunfo's website: www.triunfo.com/ir
3Q14 and 9M14 Highlights
- Adjusted net revenue was R$ 304.2 million (+31.4%) in 3Q14 and R$ 1.0 billion (+48.3%) in 9M14.
- Consolidated traffic volume reached 20.9 million vehicle equivalents (-2.1%) in 3Q14 and 64.9 million vehicles (+2.6%) in 9M14.
- Container handling volume at Portonave reached 195,300 TEUs [1] (+3.8%) in 3Q14 and 524,600 TEUs in 9M14 (+0.6%).
- Assured energy sold totaled 230.8 GWh in 3Q14 (+40.6%) and 1,028.8 GWh in 9M14 (+124.3%).
- Viracopos Airport handled 2.6 million passengers (+11.3%) and 56,600 tons of cargo
(-5.3%) in 3Q14.
- In 3Q14, adjusted EBITDA reached R$ 172.3 million (+44.7%), with Adjusted EBITDA Margin of 56.6% (+5.2 p.p.), while the corresponding numbers for 9M14 were R$660.2 million (+78.3 %) and 64.5%, (+10.8 p.p.).
- Dividend Calculation Base reached R$ 14.8 million.
Conference Call in Portuguese with simultaneous translation into English
Friday, November 07, 2014.
08:00 a.m. (US ET)/ 11:00 a.m. (Brasilia)
Dial-in:
+55 (11) 3193-1001 (Brazil)
+1 (786) 924-6977 (Other Countries)
Code: Triunfo
Investor Relations Department
Tel: +55-11-2169-3999
Email: [email protected]
[1] Adjusted net revenue is calculated by deducting revenue from construction of assets from total net revenue.
[1] TEU: Twenty-foot equivalent unit – unidade equivalente a um contêiner de 20 pés.
SOURCE Triunfo Participações e Investimentos S.A.
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