Triunfo Announces Net Revenue Growth of 16.1% and EBITDA of R$89,468 Thousand in 1Q11
SAO PAULO, May 13, 2011 /PRNewswire/ -- TPI – Triunfo Participacoes e Investimentos S.A. (Ticker ADR: TPIUY, Ticker BM&FBOVESPA: TPIS3), a company that operates in the highway, port and power generation segments in Brazil, announces its results for the first quarter of 2011 (1Q11).
1Q11 HIGHLIGHTS
- Total traffic volume on our toll road concessions increased 8.8% in 1Q11 in relation to 1Q10, reaching 19,793 thousand equivalent vehicles.
- Volume of containers handled in 1Q11 decreased 8.4% from 1Q10. On the other hand, revenue from Portonave grew 19.8% to R$57,725 thousand.
- Electricity output in 1Q11 generated revenue of R$24,024 thousand.
- Gross revenue increased 40.6% in 1Q11 over the same period last year, reaching R$205,646 thousand.
- EBITDA grew 22.0% to R$89,468 thousand in 1Q11.
- Net income reached R$8,585 thousand, generating dividend calculation base of R$25,187 thousand.
- On February 2, Rio Canoas Energia obtained the Environmental Installation License.
- On February 14, Iceport resumed its operations, which had been suspended since November 12, 2009, when a fire destroyed the facility.
- On March 2, the Federal Supreme Court rejected the request from the State of Parana and the Federal Prosecution Office regarding the suspension of toll collection by Econorte.
The Earnings Release is available on the website www.triunfo.com/ir
UPCOMING EVENTS: MAY 13, 2011 |
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Conference Call in Portuguese: |
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Time: 3:00 p.m. (Brasilia) / 2:00 p.m. (US ET) |
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Connection Number: +55 (11) 3127-4971 |
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Code: TPI - Triunfo |
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Webcast: www.triunfo.com/ri |
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Conference Call in English: |
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Time: 4:30 p.m. (Brasilia) / 3:30 p.m. (US ET) |
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Connection Number: +1 (412) 317-6776 |
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Code: TPI - Triunfo |
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Webcast: www.triunfo.com/ir |
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IR CONTACT
Ana Carvalho
IR Officer
Ph: +55 11 2169 3999
[email protected]
www.triunfo.com/ir
SOURCE Triunfo Participacoes e Investimentos S.A.
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