CPFL Energia Announces 1Q09 Net Income of R$ 283 Million
May 14 2009 - 8:30AM
PR Newswire (US)
SAO PAULO, May 14 /PRNewswire-FirstCall/ -- CPFL Energia S.A.
(NYSE: CPL; Bovespa: CPFE3), the holding company of one of the
strongest and most efficient business groups in the Brazilian
electricity sector, announces its 1Q09 results. The financial and
operational information herein, unless otherwise indicated, is
presented on a consolidated basis and is in accordance with the
applicable legislation. Comparisons are relative to 1Q08, unless
otherwise stated. 1Q09 HIGHLIGHTS -- Growth of 1.8% in energy sales
to the captive market and of 11.7% in sales to the free market; --
Gross operating revenue of R$ 3.6 billion; -- Increases of 2.0% in
EBITDA and of 6.5% in net income; -- Corporate Restructuring of
CPFL Jaguariuna; -- Release of the final indexes of 2nd cycle of
Tariff Revision of CPFL Paulista, RGE, CPFL Santa Cruz, CPFL Leste
Paulista, CPFL Jaguari, CPFL Sul Paulista and CPFL Mococa; --
Annual Tariff increases of 21.22% for CPFL Paulista, effective as
of April 8, 2009, and of 18.95% for RGE, effective as of April
19,2009. For further information, please visit:
http://www.cpfl.com.br/ir Conference Call with Simultaneous
Translation into English (Bilingual Q&A) Thursday, May 14, 2009
- 11:00 am (SP), 10:00 am (EDT) Portuguese: 55-11-4688-6301
(Brazil) English: 1-888-700-0802 (USA) and 1-786-924-6977 (Other
Countries) Webcast: http://www.cpfl.com.br/ir Investor Relations
Department 55-19-3756-6083 http://www.cpfl.com.br/ir DATASOURCE:
CPFL Energia S.A. CONTACT: CPFL Energia Investor Relations
Department, +011-55-19-3756-6083, Web site:
http://www.cpfl.com.br/ir
Copyright