CURITIBA, Brazil, May 14 /PRNewswire-FirstCall/ -- Companhia Paranaense de Energia - COPEL (NYSE: ELP /LATIBEX: XCOP / BOVESPA: CPLE3, CPLE5, CPLE6), a company that generates, transmits and distributes power to the State of Parana, announces its results for the first quarter of 2009. All the figures in this report are in Brazilian Reais and were prepared in accordance with Brazilian GAAP.
This report presents cumulative data through March 2009 compared with the same period in the previous year.
COPEL's consolidated financial statements present, in addition to the figures of the whollyowned subsidiaries (COPEL Geracao e Transmissao, COPEL Distribuicao and COPEL Telecomunicacoes), those of Compagas, Elejor, UEG Araucaria, Centrais Eolicas do Parana and Domino Holdings, controlled jointly with other shareholders.
- Net Operating Revenue: R$ 1,357 million - 3.2% up
- Operating income: R$ 413 million - 6.2% increase in relation to 1Q08.
- Net Income: R$ 272 million (R$ 0.99 per share) - 6.5% increase in relation to 1Q08.
- EBITDA (earnings before interest, taxes, depreciation and amortization): R$ 468 million.
- Return on net equity: 3.4%
- Total power consumption billed by COPEL to captive customers in 1Q09 rose by 2.6% over 1Q08. COPEL's total market expanded by 1.8%.
- The Company's shares and main indexes presented the following variations from January through March 2009:
CPLE3 (common/ Bovespa) = (6.4)% IBOVESPA = 9.0%
CPLE6 (preferred B/ Bovespa) = 0.4% DOW JONES (NYSE) = (13.3)%
ELP (ADR/NYSE) = (1.0)% LATIBEX = 16.6%
XCOP (preferred B/ Latibex) = 3.7%
Contact: Investor Relations - COPEL
Phone: (55 41) 3222-2027
E-mail: ri@copel.com
SOURCE COPEL