This Day On The Street
Continue to site right-arrow
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
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

AES Eletropaulo Invests R$ 144.7 Million In 1Q13

SAO PAULO, May 8, 2013 /PRNewswire/ -- Eletropaulo Metropolitana Eletricidade de Sao Paulo S/A, [BM&FBovespa: ELPL3, ELPL4; ADRs negotiated at US OTC Market] announced 1Q13 results.

The total market in AES Eletropaulo's concession area grew by 2.2% in 1Q13 to 11,401 GWh. The 0.6% rise in the captive market in the quarter resulted from 3.8% higher consumption by the residential class, due to an increase in real income in the Sao Paulo Metropolitan Area early in the year. The commercial and industrial classes also recorded increases against 1Q12, of 5.1% and 2.0% respectively, not including the effect of client migration to the Free Contracting Environment (FCE).

Regarding the financial performance, the Company remains committed to cost management, aiming productivity gains and operational efficiency. The benefits obtained will partially offset the negative impact of the tariff reset, achieving a reduction of R$ 100 million in manageable PMSO versus 2012 manageable PMSO corrected by inflation. Manageable PMSO (Personnel, Material, Services and Other) in the quarter fell by 3.4% whereas the inflation in the period came to 8.0%. Adjusted EBITDA amounted to R$208.9 million in 1Q13, rising by 34.7% against 1Q12, when adjusted EBITDA stood at R$155.1 million.

AES Eletropaulo invested R$ 144.7 million in 1Q13, mostly allocated to system and client services expansion so as to cope with the market growth and mitigate the risk of interruptions of the regular and emergency supply. Thus, SAIDI and SAIFI of the last 12 months ended march 2013 presented significant reduction of 13.4% and 9.7%, respectively, reflecting the continuous search for improvement of operating indicators.

Conference Call / Webcast

PRESENTATION: Britaldo Soares – Chief Executive Officer Mr. Rinaldo Pecchio Junior – CFO and Investor Relations Officer

DATE : Thursday, May 09 th, 2013

TIME: 17:30 (BR) / 4:30 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: 2661385# AVAILABLE FROM: 05.09.13 to 05.15.13

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

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

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
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

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

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, 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
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 17,778.15 +421.28 2.43%
S&P 500 2,061.23 +48.34 2.40%
NASDAQ 4,748.3960 +104.0840 2.24%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs