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Copel Announces its Results for the First Half of 2011


//business-finance.news-articles.net/content/201 .. nces-its-results-for-the-first-half-of-2011.html
Published in Business and Finance on Saturday, August 13th 2011 at 4:00 GMT by Market Wire   Print publication without navigation


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

[ ]
Translations:
English

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
06/30/2011

Var. %
year

Index

Points
03/31/2011

Var. %
year

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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RELATED LINKS
[ http://www.copel.com/ir ]


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