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May 3, 2012 /PRNewswire/ -- Eletropaulo Metropolitana Eletricidade de Sao Paulo S.A. (BM&FBovespa: ELPL3, ELPL4; ADRs negotiates at US OTC Market), announced today its results for 1Q12.
The total market in AES Eletropaulo's concession area grew by 0.2% in 1Q12 and came to 11,146 GWh. The 1.8% increase in the captive market in the quarter resulted from higher consumption by the commercial and residential classes, which increased by 2.5% and 2.7% respectively, offsetting the 7.2% drop in the industrial class. This class was affected by the slowdown in industrial activity in
Brazil, which eventually led to a 6.6% drop in free customer consumption as well in 1Q12.
The Company invested
R$ 183.9 million in 1Q12, a 10.8% rise compared to investments in 1Q11, which should provide improved operational indicators of the Company.
Conference Call / WebcastPRESENTATION:
Britaldo Soares – Chief Executive OfficerMr.
Rinaldo Pecchio – CFO and Investor Relations Officer
Friday, May 4, 2012TIME: 10:30 (BR) /
9:30 a.m. (EST)CONNECTION:
SIMULTANEOUS INTERPRETATION INTO ENGLISH. CONFERENCE CODE: AES Eletropaulo
REPLAY: (+55 11) 4688-6312
AVAILABLE FROM:05.04.12 to 05.10.12
The presentation slides will be available for viewing and downloading on the website
The conference call will be broadcasted live on the Internet on the same website, remaining available after the event.