SAO PAULO, Aug. 6, 2014 /PRNewswire/ -- In 2Q14, AES
Eletropaulo reached a SAIFI of 4.13 times, a 10.4% decrease in
comparison to 2Q13 and the SAIDI index was of 8.16 hours, an
increase of 1.4% versus 2Q13. From December
2009 until today both indicators reduced by over 30%.
The increase of the captive market in AES Eletropaulo's
concession area in 2Q14 was due to a greater consumption of the
commercial class, which grew by 4.8%, reflected by a good
commercial performance in the State of
Sao Paulo. The residential class remained stable compared to
2Q13, while the industrial class presented a retraction during the
period as a reflection of a smaller economic activity.
The EBITDA adjusted[1] was of R$ 302.9 million (reported EBITDA of negative
R$ 382.7 million) in comparison to
the R$ 299.7 million recorded in 2Q13
(reported EBITDA of R$ 509.6
million), representing a 1.1% growth of due mainly to the
tariff adjustment and market growth. In the quarter, the Company
recorded a net loss of R$ 354.4
million in comparison to the R$ 245.3
million net profit registered during the same period last
year. Disregarding the effects of the Parcel A variation, the
adjusted net income would be R$ 49.0
million versus R$ 41.7 million
of the second quarter of 2013.
AES Eletropaulo invested R$ 169.4
million in the quarter mostly in system expansion and client
services, in order to meet market growth and maintain the
trajectory of quality improvement of the service provided.
Conference Call / Webcast
PRESENTATION:
Britaldo Soares – Chief Executive Officer
Gustavo Pimenta – Vice-President
Director and Investor Relations Officer
DATE: Thursday, August 7th,
2014
TIME: 10:00 (BR) / 09:00 a.m.
(EDT)
CONNECTION:
- Brazil: (+55 11) 3193-1001 or
(+55 11) 2820-4001
- USA/Other countries: (+1) 786
924-6977 or (+1) 888 700-0802
SIMULTANEOUS INTERPRETATION INTO ENGLISH.
CONFERENCE CODE: AES Eletropaulo
REPLAY: (+55 11) 3193-1012 or (+55 11) 2820-4012
CODE: 4040410#
AVAILABLE FROM: from 08/07/2014 to 08/13/2014
The presentation slides will be available on the website
http://ri.aeseletropaulo.com.br/. The conference call will be
broadcasted live on the Internet on the same website and remain
available after the event.
[1] EBITDA adjusted by the regulatory assets and liabilities and
the pension fund
Contact: Investor Relations: +55-11-2195-7048
SOURCE AES Eletropaulo