Triunfo Reports Net Revenue Increase of 24.6% and EBITDA of R$71.591 Million in 2Q11
SAO PAULO, Aug. 11, 2011 /PRNewswire/ -- Triunfo Participacoes e Investimentos S.A., (BM&FBovespa: TPIS3; OTC: TPIUY) a company that operates in the highway, port and power generation segments in Brazil, announces its results for the second quarter of 2011.
2Q11 HIGHLIGHTS
- Total traffic volume on our toll road concessions grew 9.9% in 2Q11 in relation to 1Q11, reaching 17.970.000 equivalent vehicles.
- Volume of containers handled in 2Q11 decreased 0.3% from 2Q10. However, revenue from Portonave grew 33.8% to R$83,274.
- Electricity output in 2Q11 generated revenue of R$22,545.
- Gross Revenue increased by 25.9% in 2Q11, over the same period last year, reaching R$178,894 million.
- EBITDA grew by 15.9% to R$71,591 million in 2Q11.
- The dividend calculation base reached R$17,007, up 56.4% over 2Q10
- On April 5, 2011, the Brazilian Institute of Environment and Renewable Natural Resources (IBAMA) issued the preliminary environmental license for the Brites Port Terminal.
- On May 3, Fitch Ratings assigned the Company the Long-Term National Rating "A+ (bra)" with a Stable Outlook.
- On May 23, Maestra LLP acquired the vessel MV Westerdeich (future Maestra Pacifico) for US$12.35 million.
- On June 17, Triunfo won the Abrasca 2011 Value Creation award in the Transport and Logistics category.
- On June 22, Triunfo announced the issue of 180 debentures at unit face value of R$ 1 million. The proceeds will be used for investments in the Company and its subsidiaries or affiliates.
The Earnings Release is available on the website www.triunfo.com/ir
UPCOMING EVENTS: AUGUST 12th, 2011
Conference Call in Portuguese:
Time: 3:00 p.m. (Brasilia) / 2:00 p.m. (US ET)
Connection Number: +55 (11) 3127-4971
Code: TPI – Triunfo
Webcast: www.triunfo.com/ri
Conference Call in English:
Time: 4:30 p.m. (Brasilia) / 3:30 p.m. (US ET)
Connection Number: +1 (412) 317-6776
Code: TPI – Triunfo
Webcast: www.triunfo.com/ir
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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