This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

AES Eletropaulo Invests R$ 831.1 Million In 2012

SAO PAULO, Feb. 26, 2013 /PRNewswire/ -- Eletropaulo Metropolitana Eletricidade de Sao Paulo S/A, [BM&FBovespa: ELPL3, ELPL4; ADRs negotiated at US OTC Market] announced 4Q12 and 2012 results.

The total market in AES Eletropaulo's concession area expanded by 1.0% year-over-year in 2012 and came to 45,557 GWh, reflecting Brazil's low economic growth, which significantly impacted industrial activity in the concession area. On the other hand, the performance was sustained by the consumption of the residential and commercial classes in 2012, owing to higher employment rates and income levels.

AES Eletropaulo's CAPEX totaled R$ 831.1 million in 2012, up 12.5% year-over-year, reflecting the Company's ongoing effort to improve its operational indicators and, consequently, provide top-quality services for its clients.

As for Company's operational performance, SAIDI and SAIFI fell significantly by 19.4% and 14.9% respectively in the 12-month period ending in December, below regulatory limit. at the close of the year

The Company stepped up its this effort for cost management in order to improve productivity, and efficiency and cost management, highlighting: (i) organizational restructuring; (ii) relocation to the new corporate headquarters centralizing the activities as well as reviewing the number of service offices and optimization of operational bases, leading to real property sales of R$ 239 million, in which R$ 160 million were already sold; and (iii) debt restructuring. The benefits of these initiatives will partly offset the negative impact of the tariff reset and cost pressures, allowing a R$ 100 million drop in the Company's PMSO starting in 2013.

At the Annual General Meeting, Management is going to propose paying R$ 54.9 million as dividends and interest on equity, corresponding to 25% of distributable earnings and 2,8% dividend yield in the year.

Conference Call / Webcast


Britaldo Soares – Chief Executive OfficerMr. Rinaldo Pecchio – CFO and Investor Relations Officer

DATE : Wednesday, February 27th, 2013

TIME: 15:00 (BR) / 1:00 p.m. (EST)

  • Brazil: (+55 11) 4688-6361
  • USA: (1-855) 281-6021
  • Other countries: (1 786) 924-6977



REPLAY: (+55 11) 4688-6312 CODE: 1856929# AVAILABLE FROM: 02.27.13 to 03.05.13

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.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $93.74 0.00%
FB $117.58 0.00%
GOOG $693.01 0.00%
TSLA $240.76 0.00%
YHOO $36.60 0.00%


Chart of I:DJI
DOW 17,773.64 -57.12 -0.32%
S&P 500 2,065.30 -10.51 -0.51%
NASDAQ 4,775.3580 -29.9330 -0.62%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs