CURITIBA, Brazil, Nov. 14, 2014 /PRNewswire/ -- Companhia
Paranaense de Energia - Copel (BM&FBovespa: CPLE3, CPLE5, CPLE6
/ NYSE: ELPVY, ELP / LATIBEX: XCOP), a company that generates,
transmits, distributes and sells power, announces its results for
the 3rd quarter of 2014. Copel's consolidated balance sheet
presents the figures of its wholly owned subsidiaries, controlled
companies and investees. The consolidated financial statements were
prepared in accordance with International Financial Reporting
Standards (IFRS) issued by the International Accounting Standards
Board (IASB), and with accounting practices adopted in Brazil.
- Anticipation of R$ 380.8 million
in dividends and IOC – 50% of adjusted net income for the
1H14;
- Net income totaled R$ 233.4
million in 3Q14;
- Net revenue increased by 42.5%;
- Cost of energy purchased increased by 57.3%;
- EBITDA stood at R$ 495.8 million
in 3Q14, 7.0% up on 3Q13;
- Copel Distribuicao's Captive Market grows 3.1% in the
period.
The Company's shares and main indexes presented the following
variations in the period:
|
Ticker
|
Price
09/30/2014
|
Var.
%
year
|
Index
|
Price
09/30/2014
|
Var.
%
year
|
|
CPLE3 (common/
BM&FBovespa)
|
R$ 23.37
|
4.8
|
Ibovespa
|
54,116
|
5.1
|
|
CPLE6 (preferred B/
BM&FBovespa)
|
R$ 33.34
|
9.2
|
IEE
|
27,596
|
5.1
|
|
ELP (ADR/
Nyse)
|
US$ 13.67
|
4.0
|
Dow Jones
|
14,042
|
-15.3
|
|
XCOP (preferred B/
Latibex)
|
Euro 10.89
|
14.6
|
Latibex
|
2,200
|
6.0
|
The complete release is available at the Company's website:
www.copel.com/ir
Conference Call: November 18, 2014
English: 12:00 pm – US EST
Dial in number: +1 516 300-1066
Access Code: Copel
(Simultaneous translation into English)
Live webcast at www.copel.com/ir
Contacts: Investor Relations – COPEL
Phone: (55 41) 3222-2027
E-mail:ri@copel.com
SOURCE COPEL