Copel Announces its Results for the First Half of 2011
Copel Announces its Results for the First Half of 2011 -- CURITIBA, Brazil, Aug. 11, 2011 /PRNewswire/ --
Copel Announces its Results for the First Half of 2011
CURITIBA, Brazil, Aug. 11, 2011 /PRNewswire/ -- Companhia Paranaense de Energia - COPEL(BM&FBOVESPA: CPLE3, CPLE5, CPLE6 / NYSE: [ ELP ] / LATIBEX: XCOP), a company that generates, transmits, distributes and sells power to the State of Parana, announces its results for the first half of 2011 (1H11).
Net Operating Revenue (NOR): R$ 3,669 million.
Operating Income: R$ 964 million.
Net Income: R$ 642 million.
EBITDA (Earnings Before Interest, Taxes, Depreciation And Amortization): R$ 1,052 million.
Return on Shareholder's Equity: 5.7% in the period.
Growth in Power distribution: 4.0% (captive market).
The Company's shares and main indexes presented the following variations in the semester:
Ticker | Price | Var. % | Index | Points | Var. % | |
CPLE3 (common/ BM&FBovespa) | R$ 38.00 | 0.0 | IBOVESPA | 62.404 | (10.0) | |
CPLE6 (preferred B/ BM&FBovespa) | R$ 41.50 | 0.0 | ||||
ELP (ADR/ NYSE) | US$ 27.16 | 7.9 | DOW JONES | 12.414 | 7.2 | |
XCOP (preferred B/ Latibex) | Euro 18.25 | (2.1) | LATIBEX | 3.301 | (12.8) | |
The complete release is available at the Company's website: [ www.copel.com/ir ].
Conference Call: August 12, 2011
English: 10:00 am– US EDT
Dial in access: (+1 786) 924-6977
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
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[ http://www.copel.com/ir ]