CURITIBA, Brazil, Aug. 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 second
quarter of 2019 and would like to invite you all for its conference
call on Friday to discuss its results.
Copel recorded EBITDA of R$947.0
million, in 2Q19 13.3% higher than the R$836.0 million recorded in 2Q18, mainly
explained by (i) the 2.3% increase in the volume of electricity
sales to final customers, notably the 17.7% increase in industrial
free market of Copel GeT and Copel
Com, (ii) the revenue from the CCEAR of Baixo Iguaçu,
Colíder and Cutia contracts, (iii) the 1.4% increase in Copel
Distribuição's grid market volume, and (iv) the 15.9%
reduction in costs with "electricity purchased for resale" due to
the higher GSF in the period (92.9% in 2Q19 compared to 80.6% 2Q18)
and lower average PLD (R$131.37 in
2Q19 compared to R$302.68 in
2Q18).
EBITDA in 2Q19, adjusted for non-recurring items, reached
R$1,025.0 million, an increase of
29.6% compared to 2Q18 (R$790.8
million).
The complete release is available at the Company's website:
ir.copel.com
Conference
Call:
|
August 16, 2019 –
FRIDAY
|
English:
|
09:00 a.m. – New York
Time
|
Dial in
number:
|
+1 646 843
6054
|
|
Access Code:
Copel
|
(Simultaneous
translation into English)
|
Live webcast at
ir.copel.com
|
Contacts: Investor Relations – COPEL
Phone: (55 41) 3331-4011
E-mail:ri@copel.com
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SOURCE Copel - Companhia Paranaense de Energia