SAO PAULO, May 5, 2014 /PRNewswire/ --
TPI - Triunfo Participacoes e Investimentos S.A.
(BM&FBOVESPA: TPIS3, OTC: TPIUY),one of Brazil's leading infrastructure companies,
with concessions in the toll road, port administration, power
generation and airport administration segments, announces its
results for 1Q14. The full earnings release is also available on
Triunfo's website: www.triunfo.com/ir
1Q14 Highlights
- Strong growth in adjusted net revenue ,which reached
R$ 474.2 million (+94.7%) in
1Q14, driven by the energy generation segment.
- Adjusted EBITDA in 1Q14 of R$354.1 million (+138.1%) and consolidated
EBITDA margin of 74.7%, up 13.6 p.p.
from 61.1%.
- Net income was R$156.4 million and the
dividend calculation base was R$161.3 million in 1Q14.
- Thanks to the strategy of advancing the operational start-up of
Rio Canoas, Triunfo took advantage
of the rise in energy prices, thus boosting its 1Q14 results. A
total of 581,249 MWh of energy was sold in 1Q14.
- The positive operating performance of other segments is
also reflected in the quarterly financial information:
Traffic on toll roads increased 5.6% to reach 23.2
million vehicle equivalents, volume of containers handled by
Portonave reached 163,200 TEUs[1] , up
7.3%, and the Viracopos Airport handled 2.4 million
passengers and 52,500 tons of cargo .
Conference Call in Portuguese with simultaneous translation
into English
Tuesday, May 06,
2014.
10:00 a.m. (US ET)/ 11:00 a.m. (Brasilia)
Dial-in:
1 (786) 924-6977 (Other countries)
+55 (11) 3193-1001/ + 55 (11) 2820-4001 (Brazil)
Code: Triunfo
Investor Relations Department
Tel:
+55-11-2169-3999
Email: ri@triunfo.com
[1] TEU: Twenty-foot equivalent unit - unidade equivalente
a um conteiner de 20 pes.
SOURCE Triunfo Participações e Investimentos S.A.