CPFL Energia Announces 1Q09 Net Income of R$ 283 Million

SAO PAULO, May 14  /PRNewswire-FirstCall/ -- CPFL Energia S.A. (NYSE: CPL; Bovespa: CPFE3), the holding company of one of the strongest and most efficient business groups in the Brazilian electricity sector, announces its 1Q09 results. The financial and operational information herein, unless otherwise indicated, is presented on a consolidated basis and is in accordance with the applicable legislation. Comparisons are relative to 1Q08, unless otherwise stated.

1Q09 HIGHLIGHTS

-- Growth of 1.8% in energy sales to the captive market and of 11.7% in sales to the free market; 

  -- Gross operating revenue of R$ 3.6 billion;
  -- Increases of 2.0% in EBITDA and of 6.5% in net income;
  -- Corporate Restructuring of CPFL Jaguariuna;


-- Release of the final indexes of 2nd cycle of Tariff Revision of CPFL Paulista, RGE, CPFL Santa Cruz, CPFL Leste Paulista, CPFL Jaguari, CPFL Sul Paulista and CPFL Mococa;

-- Annual Tariff increases of 21.22% for CPFL Paulista, effective as of April 8, 2009, and of 18.95% for RGE, effective as of April 19,2009.

  For further information, please visit: http://www.cpfl.com.br/ir

  Conference Call with Simultaneous Translation into English (Bilingual Q&A)

  Thursday, May 14, 2009 - 11:00 am (SP), 10:00 am (EDT)
  Portuguese: 55-11-4688-6301 (Brazil)
  English: 1-888-700-0802 (USA) and 1-786-924-6977 (Other Countries)
  Webcast: http://www.cpfl.com.br/ir

  Investor Relations Department
  55-19-3756-6083
  http://www.cpfl.com.br/ir

DATASOURCE: CPFL Energia S.A.



CONTACT:  CPFL Energia Investor Relations Department,

+011-55-19-3756-6083, 



Web site:  http://www.cpfl.com.br/ir

Copyright