Latest BRL Stories

CURITIBA, Brazil, May 16, 2013 /PRNewswire/ -- Companhia Paranaense de Energia - COPEL (NYSE: ELP / LATIBEX: XCOP / BOVESPA: CPLE3, CPLE5, CPLE6), a company that generates, transmits, distributes and sells power, has announced its results for the first quarter of 2013. COPEL's consolidated balance sheet presents the figures of its wholly owned subsidiaries (Copel Geracao e Transmissao, Copel Distribuicao and Copel Telecomunicacoes), controlled companies and investees. The...

Net Revenue of R$260.2 million (+28.9%), Adjusted EBITDA of R$149.2 million (+35.8%), Net Income of R$18.2 million (+21.2%) and Dividend Calculation Base of R$32.8 million in 1Q13 SAO PAULO, May 15, 2013 /PRNewswire/ -- TPI - Triunfo Participacoes e Investimentos S.A. (BM&FBOVESPA: TPIS3, OTC: TPIUY), one of Brazil's leading infrastructure companies, with concessions in the toll road, port administration, power generation, cabotage and (most recently) airport...

SAO PAULO, May 15, 2013 /PRNewswire/ -- Ultrapar Participacoes S.A. (BM&FBOVESPA: UGPA3 / NYSE: UGP), a company engaged in fuel distribution (Ultragaz/Ipiranga), specialty chemicals (Oxiteno) and storage for liquid bulk (Ultracargo), hereby reports its results for the first quarter of 2013. In 1Q13, we completed one more quarter of positive earnings progression, with 23% and 29% growth in EBITDA and net earnings. In addition, Ultrapar received important international recognitions...

SAO PAULO, May 13, 2013 /PRNewswire/ -- GOL Linhas Aereas Inteligentes S.A. (BM&FBOVESPA: GOLL4 and NYSE: GOL), (S&P: B, Fitch: B-, Moody's: B3), the largest low-cost and low-fare airline in Latin America, announces its results for the first quarter of 2013 (1Q13). All information presented herein is in accordance with International Financial Reporting Standards (IFRS) and in Brazilian Reais (R$), and all comparisons are with the first quarter of 2012 (1Q12) 1Q13...

SAO PAULO, May 9, 2013 /PRNewswire/ -- Companhia de Saneamento Basico do Estado de Sao Paulo - SABESP (BM&FBovespa: SBSP3; NYSE: SBS), one of the largest water and sewage services providers in the world based in the number of customers, announces today its results for the first quarter 2013 (1Q13). In 1Q13, net operating revenue reached R$ 2.6 billion, a 2.6% growth compared to 1Q12. Costs and expenses, including construction costs, in the amount of R$ 1.9 billion grew 2.4% over...

Comments by Mr. Rinaldo Pecchio - Financial and Investor Relations Officer SAO PAULO, May 8, 2013 /PRNewswire/ -- AES Tiete S.A. (BM&FBovespa: GETI3 and GETI4; OTC: AESAY and AESYY) announced today its 1Q13 results. In 1Q13, AES Tiete's net revenue totaled to R$598.1 million, up 10.7% from the R$540.2 million recorded in 1Q12. This performance was mainly due to the higher volume of energy sold through the bilateral contract with AES Eletropaulo, coupled with the...

Comments by Mr. Rinaldo Pecchio Junior - CFO and Investor Relations Officer 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...

CAXIAS DO SUL, Brazil, May 8, 2013 /PRNewswire/ -- Randon S.A. - Implementos e Participacoes (BM&FBovespa RAPT3 and RAPT4), the controlling holding company of ten companies operating within the segments of vehicles and trailers/semi-trailers, auto parts and financial services, reports its results for the first quarter of 2013 (1Q2013) ended March 31, 2013. The financial and operating information of the Company, except when otherwise stated, are consolidated in accordance with the...

R$381.6 MILLION OF NET REVENUE SÃO PAULO, May 2, 2013 /PRNewswire/ -- TOTVS S.A. (BM&FBOVESPA: TOTS3), the leader in the development and marketing of integrated enterprise management software, as well as the provision of related services in Brazil and Latin America, today announces its results for the first quarter of 2013 (1Q13). The Company's consolidated financial statements have been prepared in accordance with the accounting practices adopted in Brazil, which are in...

A total of 66.7 million orders were placed in 2012, an increase of 24.2% compared to the previous year SAO PAULO, April 29, 2013 /PRNewswire/ -- 2012 ended on an upbeat for the Brazilian B2C e-commerce segment. The segment closed the year with R$ 22.5 billion in earnings, an increase of 20% compared to 2011, when a total of R$ 18.7 billion was recorded in consumer goods sales. Such figures confirmed E-bit's projections for the e-commerce segment, published in the last edition of...