Webcast Alert: CTEEP - Companhia de Transmissao de Energia Eletrica Paulista, Announces 2nd Quarter 2012 Results, Conference Call and Webcast
SAO PAULO, Aug. 14, 2012 /PRNewswire/ -- CTEEP - Companhia de Transmissão de Energia Eletrica Paulista (Bovespa: TRPL3; TRPL4) (CTEEP) announces its Conference Call and Webcast to discuss 2Q12 earnings results:
WHAT: |
2Q12 Results Conference Call |
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WHEN: |
Today at 10:30 a.m. (New York) |
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WHERE: |
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HOW: |
Live via Internet – Simply access the above site or call |
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Numbers to Call:
Participants from Brazil: (55 11) 2104-8901
Participants from the USA: (1 855) 281-6021
Participants from other countries: (1 786) 924-6977
Access Code: CTEEP
HIGHLIGHTS
- Net operating revenue was R$ 659.4 million in 2Q12, reduction of 4.5% when compared to the same period in 2011, when this figure was R$ 690.7 million;
- EBITDA of R$ 346.8 million in 2Q12 corresponds to a growth of 4.0% in relation to 2Q11 when this figure was R$ 333.4 million;
- The Company reported Net Income of R$ 201.2 million in 2Q12, stable in relation to 2Q11 when the Company recorded a net income of R$ 200.5 million;
- 2nd NP Issue of the IEMadeira Subsidiary: In April 2012, the IEMadeira subsidiary issued the 2nd Promissory Note for R$ 148.0 million maturing in October 2012 at an annual cost of 106.5% of CDI;
- Acquisition of Evrecy Participacoes Ltda.: In May 2012, CTEEP acquired 100% of units of the capital stock of Evrecy from EDP Energias do Brasil S.A. The finalization of the operation and CTEEP's effective acquisition of the units is subject to approval by the electricity regulator, ANEEL and the anti-trust authority, CADE. The acquisition is worth R$58.4 million;
- Maintenance of the Corporate Rating: In June 2012, Fitch Rating assigned a Long Term 'AA+(bra)' National Rating to CTEEP. The Outlook for the corporate rating is Stable.
Contact: Reynaldo Passanezi Filho (Chief Financial and Investor Relations Officer), Thiago Lopes da Silva (Investor Relations Manager) of Companhia de Transmissao de Energia Eletrica Paulista CTEEP), +55 11 3138-7195, or by e-mail to [email protected].
If you are unable to listen to the webcast live, this will be filed to the website http://www.cteep.com.br/ri. In order to access the replay click on the Investor Relations section. Or if you prefer, access the website http://www.prnewswire.com.br.
Should you experience any difficulties in hearing the transmission please send an e-mail to [email protected]
SOURCE CTEEP - Companhia de Transmissao de Energia Eletrica Paulista
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