Triunfo Reports Gross Revenue Increase of 38.2% and Net Income of R$17.122 Million in 4Q10

Mar 28, 2011, 20:47 ET from Triunfo Participacoes e Investimentos S.A.

SAO PAULO, March 28, 2011 /PRNewswire/ -- Triunfo Participacoes e Investimentos S.A., a company that operates in the highway, port and power generation segments in Brazil, announces its results for the fourth quarter of 2010.

4Q10 HIGHLIGHTS

  • Total traffic volume on our toll road concessions grew 9.2% in 4Q10 in relation to 4Q09, reaching 18,880,000 equivalent vehicles.
  • Handled container volume climbed by 8.2% in 4Q10 over 4Q09, totaling 155,404 TEUs.
  • Electricity output in 4Q10 generated revenue of R$21,291.
  • Gross Revenue increased by 38.2% in 4Q10, over the same period last year, reaching R$168.037 million.
  • EBITDA grew by 30.8% to R$87.111 million in 4Q10.
  • Net income increased by 40.4% to R$17.122 million.
  • On October 1, the decision of the Brazilian Electricity Regulatory Agency (ANEEL) to award the Garibaldi hydroelectric plant concession to Triunfo was published in the Federal Gazette.
  • On October 14, Concepa announced that the National Ground Transportation Agency (ANTT) had authorized an average toll increase of 6.67%.
  • On November 29, Econorte announced that it received an authorization through a preliminary decision handed down by the 5th Federal Court of the City of Curitiba, State of Parana to increase its tolls. The average increase was 5.20%.
  • On December 14, the Agreement for exploration of the Garibaldi Hydroelectric Plan was executed.

The Earnings Release is available on the website www.triunfo.com/ir

UPCOMING EVENTS: MARCH 29th, 2011

Conference Call in Portuguese:
Time: 3:00 p.m. (Brasilia) / 2:00 p.m. (US ET)
Connection Number: +55 (11) 3127-4971
Code: TPI - Triunfo
Webcast: www.triunfo.com/ri

Conference Call in English:
Time: 4:30 p.m. (Brasilia) / 3:30 p.m. (US ET)
Connection Number: +1 (412) 317-6776
Code: TPI - Triunfo
Webcast: www.triunfo.com/ir

IR CONTACT

Ana Carvalho
IR Officer
Ph: +55 11 2169 3999
ana.carvalho@triunfo.com
www.triunfo.com/ir

SOURCE Triunfo Participacoes e Investimentos S.A.