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Name | Symbol | Market | Type |
---|---|---|---|
Engie Brasil Energia SA (PK) | USOTC:EGIEY | OTCMarkets | Depository Receipt |
Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.14 | 1.67% | 8.51 | 7.76 | 8.60 | 8.51 | 7.93 | 8.21 | 4,657 | 21:02:45 |
Boosted by growing energy sales, Brazil's Tractebel Energia SA (TBLEY, TBLE3.BR) posted first-quarter net profit of 248.7 million Brazilian reals ($140 million), up from BRL233.9 million in the same period last year.
The utility's first-quarter revenue was BRL945.5 million, up 10% from the first quarter of 2009.
Tractebel's earnings before interest, taxes, depreciation and amortization were BRL573.2 million, up 22% from the first quarter of 2009. The company's Ebitda margin, a key measure of profitability, rose to 60.6% from 54.6% in the first quarter of 2009.
The company's net debt ended the first quarter at BRL2.38 billion, down from BRL2.8 billion in the year earlier period.
Tractebel is a local subsidiary of Franco-Belgian company Suez (SZE.FR).
-By Rogerio Jelmayer, Dow Jones Newswires; 55-11-3544-7071; rogerio.jelmayer@dowjones.com
1 Year Engie Brasil Energia (PK) Chart |
1 Month Engie Brasil Energia (PK) Chart |
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