AES Eletropaulo Records Investments of R$ 183.9 Million in 1Q12
Comments by Mr. Rinaldo Pecchio - CFO and Investor Relations Officer
SAO PAULO, May 3, 2012 /PRNewswire/ -- Eletropaulo Metropolitana Eletricidade de Sao Paulo S.A. (BM&FBovespa: ELPL3, ELPL4; ADRs negotiates at US OTC Market), announced today its results for 1Q12.
The total market in AES Eletropaulo's concession area grew by 0.2% in 1Q12 and came to 11,146 GWh. The 1.8% increase in the captive market in the quarter resulted from higher consumption by the commercial and residential classes, which increased by 2.5% and 2.7% respectively, offsetting the 7.2% drop in the industrial class. This class was affected by the slowdown in industrial activity in Brazil, which eventually led to a 6.6% drop in free customer consumption as well in 1Q12.
The Company invested R$ 183.9 million in 1Q12, a 10.8% rise compared to investments in 1Q11, which should provide improved operational indicators of the Company.
Conference Call / Webcast
PRESENTATION:
Britaldo Soares – Chief Executive Officer
Mr. Rinaldo Pecchio – CFO and Investor Relations Officer
DATE: Friday, May 4, 2012
TIME: 10:30 (BR) / 9:30 a.m. (EST)
CONNECTION:
- Brazil: (+55 11) 4688-6361
USA: (1-888) 700-0802
Other countries: (1 786) 924-6977
SIMULTANEOUS INTERPRETATION INTO ENGLISH.
CONFERENCE CODE: AES Eletropaulo
REPLAY: (+55 11) 4688-6312
CODE: 6918142#
AVAILABLE FROM: 05.04.12 to 05.10.12
The presentation slides will be available for viewing and downloading on the website www.aeseletropaulo.com.br/ri.
The conference call will be broadcasted live on the Internet on the same website, remaining available after the event.
CONTACT:
Nathalia Boiseaux
E-mail: [email protected]
Phone: + 55 11 2195-2344
SOURCE AES Eletropaulo
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