CURITIBA, Brazil, Nov. 12, 2015 /PRNewswire/ -- Companhia Paranaense de Energia - Copel (NYSE: ELPVY, ELP / Latibex: XCOP / BM&FBovespa: CPLE3, CPLE5, CPLE6), a company that generates, transmits, distributes and sells power, announced its results for the third quarter of 2015.

Net income totaled R$91.4 million in 3Q15, 60.8% lower than the R$233.4 million recorded in 3Q14, while EBITDA reached R$299.2 million, down 39.7% over the same period of 2014. This result reflects the 2.4% reduction in Copel's total market (comprising the sales of Copel Dis, Copel GeT and the wind farms), and 31.2% decline in dispatch from the Araucaria TPP over the same period last year.

The complete release is available at the Company's website: www.copel.com/ir

Conference Call: November 12, 2015

English:

12:00 pm – New York Time


Dial in number: +1 516 300-1066


Access Code: Copel


(Simultaneous translation into English)

Live webcast at www.copel.com/ir

Contacts: Investor Relations – COPEL
Phone: (55 41) 3222-2027
E-mail:ri@copel.com

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/copel-records-net-income-of-r-914-million-in-the-3q15-300177550.html

SOURCE Copel

Copyright 2015 PR Newswire

Companhia Parana De Energ (NYSE:ELP)
Historical Stock Chart
From Mar 2024 to Apr 2024 Click Here for more Companhia Parana De Energ Charts.
Companhia Parana De Energ (NYSE:ELP)
Historical Stock Chart
From Apr 2023 to Apr 2024 Click Here for more Companhia Parana De Energ Charts.