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:
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WHAT:
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2Q12 Results Conference
Call
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WHEN:
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Today at 10:30 a.m. (New
York)
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WHERE:
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http://www.mediatown.com.br/prnewswire/player/?id=932
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HOW:
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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 ri@cteep.com.br.
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
atendimento@prnewswire.com.br
SOURCE CTEEP - Companhia de Transmissao de Energia Eletrica
Paulista
