Copel reports EBITDA above R$ 1.0 billion in the fourth quarter
Companhia Paranaense de Energia (COPEL) American Depositary Shares (each representing one Unit consisting one Common Share and four non-voting Class B Preferred Shares) (ELP)
Last companhia paranaense de energia (copel) american depositary shares (each representing one unit consisting one common share and four non-voting class b preferred shares) earnings: 11/13 04:02 pm
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US:NYSE Investor Relations:
ir.sm-energy.com
Company Research
Source: PR Newswire
CURITIBA, Brazil, March 26, 2020 /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 fourth quarter of 2019 and would like to invite you all for its conference call on Friday to discuss its results. In 4Q19, earnings before interest, taxes, depreciation and amortization reached R$ 1,043.7 million, 56.3% higher than the amount of R$ 667.7 million recorded in 4Q18. This result is basically explained by (i) the 32.3% growth in revenue from "Use of the main distribution and transmission grid", resulting from the 4.5% growth in the grid market, from Copel Dis's tariff readjustment (with an increase of 11, 63% at TUSD as of June 24, 2019) and the start-up of transmission projects; (ii) the 8.8% increase in the volume of energy sold in the industrial free market of Copel GeT and Copel Com, which positively impacted the "Electricity
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Sec Filings
- 11/7/24 - Form 6-K
- 11/7/24 - Form 6-K
- 11/4/24 - Form 6-K
- ELP's page on the SEC website