CURITIBA, Brazil, May 14, 2019 /PRNewswire/ -- Companhia Paranaense
de Energia - Copel (NYSE: ELPVY, ELP / Latibex: XCOP / B3: CPLE3,
CPLE5, CPLE6), a company that generates, transmits, distributes and
sells power, announces its results for the first quarter of 2019
and would like to invite you all for its conference call tomorrow
to discuss its results.
Copel recorded EBITDA of R$1,092.1
million in 1Q19, 39.3% higher than the R$784.1 million recorded in 1Q18. The result was
mainly impacted by (i) increase of 6.8% in the volume of energy
sold to final consumers and by the 5.1% growth in the grid market;
and (ii) by reduction of 11.6% in PMSO costs, with the exception of
estimated losses, provisions and reversals, mainly due to the
reduction of R$105.7 million in
personnel costs.
EBITDA in 1Q19, adjusted for items considered non-recurring,
reached R$1,097.5 million, an
increase of 25.1% compared to 1Q18 (R$877.3
million).
The complete release is available at the Company's website:
ir.copel.com
|
Conference
Call:
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May 15, 2019 –
WEDNESDAY
|
|
English:
|
08:30 a.m. – New
York Time
|
|
Dial in
number:
|
+1 844 204
8942
|
|
Access Code:
Copel
|
|
(Simultaneous
translation into English)
|
|
Live webcast at
ir.copel.com
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View original
content:http://www.prnewswire.com/news-releases/copel-records-ebitda-of-r1-092-million-in-the-first-quarter-300850444.html
SOURCE Copel - Companhia Paranaense de Energia
