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IESFY Interconexion Electrica SA (QX)

99.23
0.04 (0.04%)
29 Nov 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Interconexion Electrica SA (QX) USOTC:IESFY OTCMarkets Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.04 0.04% 99.23 92.48 97.58 99.23 99.23 99.23 1 18:28:04

Webcast Alert: CTEEP - Companhia de Transmissao de Energia Eletrica Paulista, Announces 2nd Quarter 2012 Results, Conference ...

14/08/2012 1:24pm

PR Newswire (US)


Interconexion Electrica (QX) (USOTC:IESFY)
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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

WHEN:

Today at 10:30 a.m. (New York)

WHERE:

http://www.mediatown.com.br/prnewswire/player/?id=932

HOW:

Live via Internet – Simply access the above site or call





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

Copyright 2012 PR Newswire

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