SÃO PAULO, Aug. 11, 2022 /PRNewswire/ --
2Q22 X 2Q21 HIGHLIGHTS
- Consolidated vehicle traffic increased by 4%. Excluding ViaCosteira, NovaDutra, RioSP and RodoNorte, the increase was 8% in the period.
- The number of passengers transported in airports increased by 243.3% in the period. Excluding South and Central Blocks, the increase was 93% in the period.
- The number of passengers transported in the mobility units increased by 138.6% in the period. Excluding ViaMobilidade - Lines 8 and 9, the increase was 61% in the period.
- Adjusted EBITDA grew by 25.7%, with a margin of 57.5% (-3.2 p.p.). Same-basis1 adjusted EBITDA increased by 21.5%, with a margin of 59.5% (-1.3 p.p.).
- Net Income totaled R$291.3 million, compared to a loss of R$44 million in 2Q21. Same-basis1, Net Income totaled R$171.8 million, compared to a Net Income of R$356.7 million.
- On June 7, 2022, the Company disclosed a Material Fact announcing that it signed TAM 21/2022, whose object is to extend the term of the Renovias concession agreement in 136 days.
- On July 18, 2022, the Company disclosed a Material Fact announcing that it signed a Term of Re-ratification to TAM 21/2022, consisting in the term extension of Renovias' concession agreement in 482 days, until October 7, 2023.
- On July 25, 2022, the Company disclosed a Material Fact announcing that it concluded the sale of its equity interest in Total Airport Services, corresponding to 70% of the share capital of TAS, to AGI-CFI Acquisition Corp.
- On July 28, 2022, the Company disclosed a Material Fact announcing that it signed TAM 21/2022, whose object is to extend the term of the SPVias concession agreement in 368 days, until September 21, 2029.
- Same-basis adjustments are described in the same-basis comparison section.
IFRS |
Proforma |
|||||
Financial Indicators (R$ MM) |
2Q21 |
2Q22 |
Chg % |
2Q21 |
2Q22 |
Chg % |
Net Revenues1 |
2,327.1 |
3,088.4 |
32.7 % |
2,453.0 |
3,271.7 |
33.4 % |
Adjusted Net Revenues on the same basis2 |
1,960.1 |
2,436.1 |
24.3 % |
2,086.0 |
2,619.3 |
25.6 % |
Adjusted EBIT3 |
315.6 |
1,281.4 |
306.0 % |
378.1 |
1,392.9 |
268.4 % |
Adjusted EBIT Mg.4 |
13.6 % |
41.5 % |
27.9 p.p. |
15.4 % |
42.6 % |
27.2 p.p. |
Adjusted EBITDA5 |
1,411.7 |
1,774.8 |
25.7 % |
1,501.3 |
1,918.5 |
27.8 % |
Adjusted EBITDA Mg.4 |
60.7 % |
57.5 % |
-3.2 p.p. |
61.2 % |
58.6 % |
-2.6 p.p. |
Adjusted EBITDA on the same basis2 |
1,192.1 |
1,448.9 |
21.5 % |
1,281.6 |
1,592.6 |
24.3 % |
Adjusted EBITDA Mg. on the same basis4 |
60.8 % |
59.5 % |
-1.3 p.p. |
61.4 % |
60.8 % |
-0.6 p.p. |
Net Income |
(44.0) |
291.3 |
n.m. |
(44.0) |
291.3 |
n.m. |
Net Income on the same basis2 |
356.7 |
171.8 |
-51.8 % |
356.7 |
171.8 |
-51.8 % |
Net Debt / Adjusted EBITDA LTM (x) |
2.3 |
1.8 |
2.3 |
1.8 |
||
Adjusted EBITDA5 / Interest and Monetary Variation (x) |
4.4 |
2.1 |
4.2 |
2.2 |
IFRS |
Proforma |
||||||
Financial Indicators (R$ MM) |
1H21 |
1H22 |
Chg % |
1H21 |
1H22 |
Chg % |
|
Net Revenues1 |
5,767.0 |
11,107.0 |
92.6 % |
6,007.1 |
11,440.3 |
90.4 % |
|
Adjusted Net Revenues on the same basis2 |
3,798.4 |
4,822.5 |
27.0 % |
4,038.2 |
5,155.9 |
27.7 % |
|
Adjusted EBIT3 |
2,081.3 |
7,677.5 |
268.9 % |
2,197.4 |
7,872.8 |
258.3 % |
|
Adjusted EBIT Mg.4 |
36.1 % |
69.1 % |
33.0 p.p. |
36.6 % |
68.8 % |
32.2 p.p. |
|
Adjusted EBITDA5 |
3,916.2 |
8,687.7 |
121.8 % |
4,084.2 |
8,945.6 |
119.0 % |
|
Adjusted EBITDA Mg.4 |
67.9 % |
78.2 % |
10.3 p.p. |
68.0 % |
78.2 % |
10.2 p.p. |
|
Adjusted EBITDA on the same basis2 |
2,294.1 |
2,889.2 |
25.9 % |
2,461.9 |
3,147.1 |
27.8 % |
|
Adjusted EBITDA Mg. on the same basis4 |
60.4 % |
59.9 % |
-0.5 p.p. |
61.0 % |
61.0 % |
0.1 p.p. |
|
Net Income |
644.9 |
3,743.7 |
480.5 % |
644.9 |
3,743.7 |
480.5 % |
|
Net Income on the same basis2 |
560.9 |
82.5 |
-85.3 % |
560.9 |
82.5 |
-85.3 % |
|
Net Debt / Adjusted EBITDA LTM (x) |
2.3 |
1.8 |
2.3 |
1.8 |
|||
Adjusted EBITDA5 / Interest and Monetary Variation (x) |
6.1 |
5.5 |
5.7 |
5.4 |
- Net revenue excludes construction revenue.
- The same-basis effects are described in the same-basis comparison section.
- Calculated by adding net revenue, construction revenue, cost of services, and administrative expenses.
- The adjusted EBIT and EBITDA margins were calculated by dividing adjusted EBIT and EBITDA by net revenue, excluding construction revenue.
- Calculated by excluding non-cash expenses: depreciation and amortization, provision for maintenance, and accrual of prepaid concession expenses.
Conference Calls/Webcast
Access to the conference calls/webcasts:
Conference call in Portuguese with simultaneous translation into English:
Friday, August 12, 2022
2:00 p.m. São Paulo / 1:00 p.m. New York
Participants calling from Brazil: (11) 4090-1621 or (11) 3181-8565
Participants calling from the U.S.: (+1) 412 717-9627
Access Code: CCR
Replay: (11) 3193 1012
Code: 8366456# or 5097751#
The instructions to participate in these events are available on CCR's website: www.ccr.com.br/ri.
IR Contacts
Flávia Godoy: (+55 11) 3048-5955
Douglas Ribeiro: (+55 11) 3048-6353
Cauê Cunha: (+55 11) 3048-2108
Caique Moraes: (+55 11) 3048-2108
SOURCE CCR S.A.
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