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Latest BRL Stories

2014-06-09 08:20:50

With investment of R$ 25 million, this is the company's 4th Embraer aircraft SAO PAULO, June 9, 2014 /PRNewswire/ -- The Prime Fraction Club, the first Brazilian club for sharing luxury goods such as planes, helicopters, boats and sports cars, received its latest aircraft on June 4, the Phenom 300, an executive jet made by Embraer. The investment for the purchase of this asset was R$ 25 million. The Phenom 300 delivered to Prime, which seats eight people, is the 500th aircraft of...

2014-05-15 20:22:10

SAO PAULO, May 15, 2014 /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 1Q14. In 1Q14, net operating revenue reached R$ 2.8 billion; a 5.6% increase compared to 1Q13. Costs and expenses, including construction costs, increased 6.1%, from R$ 1.9 billion in 1Q13 to R$ 2.0 billion...

2014-05-15 12:24:09

CURITIBA, Brazil, May 15, 2014 /PRNewswire/ -- Companhia Paranaense de Energia - Copel (NYSE: ELP / LATIBEX: XCOP / BOVESPA: CPLE3, CPLE5, CPLE6), a company that generates, transmits, distributes and sells power, announced its 1Q14 results. COPEL's consolidated balance sheet presents the figures of its wholly owned subsidiaries, controlled companies, investees and consortium. The consolidated financial statements were prepared in accordance with International Financial Reporting Standards...

2014-05-15 00:20:17

SAO PAULO, May 14, 2014 /PRNewswire/ -- GOL Linhas Aereas Inteligentes S.A. (BM&FBOVESPA: GOLL4 e NYSE: GOL), (S&P: B, Fitch: B-, Moody's: B3), the largest low-cost and low-fare airline in Latin America, announces today its results for the first quarter of 2014. Highlights -- Operating income (EBIT) totaled R$144 million in 1Q14, 43% increase versus 1Q13, with an operating margin of 5.8%. In the last 12 months (LTM), GOL achieved an EBIT of R$309 million and a...

2014-05-14 20:21:39

SAO PAULO, May 14, 2014 /PRNewswire/ -- Ultrapar Participacoes S.A. (BM&FBOVESPA: UGPA3 / NYSE: UGP), a multi-business company engaged in specialized distribution and retail (Ultragaz / Ipiranga / Extrafarma), specialty chemicals (Oxiteno) and storage for liquid bulk (Ultracargo), hereby reports its results for the first quarter of 2014. Main highlights in 1Q14: -- ULTRAPAR'S NET REVENUES TOTAL R$ 16 BILLION IN 1Q14, A 17% GROWTH OVER 1Q13, WITH GROWTH IN ALL THE...

2014-05-08 16:21:57

CAXIAS DO SUL, Brazil, May 8, 2014 /PRNewswire/ -- Randon S.A. - Implementos e Participacoes (BM&FBovespa - RAPT3 and RAPT4), the controlling holding company of nine companies operating within the segments of vehicles and trailers/semi-trailers, auto parts and financial services, reports its results for the first quarter of 2014 (1Q2014), ended March 31, 2014. The financial and operating information of the Company, except when otherwise stated, are consolidated in accordance with...

2014-05-08 08:36:44

SAO PAULO, May 8, 2014 /PRNewswire/ -- Eternit S.A. (BM&FBOVESPA:ETER3;OTC:ETNTY) announces its results for the 1Q14. The construction materials industry ended 1Q14 with growth well below the forecast made by the Brazilian Construction Materials Industry Association (ABRAMAT) for the period. Eternit ended the period outperforming the industry, with its chrysotile mining operations functioning at full capacity, while its fiber-cement and concrete tile operations functioning at...

2014-05-07 20:22:35

BARUERI, Brazil, May 7, 2014 /PRNewswire/ -- The 1Q14 was marked by the result of the seasonality of energy strategy adopted by the Company, which defined distinct profiles for ballast (contracts) and ERM 2014 profiles. This strategy allowed gains in the short term market at R$ 372.9 million above that registered in the same period of last year. Sales made in the short term market combined with a high average price of spot were the main factor that caused the net revenues to reach the...

2014-05-07 08:35:37

PORTO ALEGRE, Brazil, May 7, 2014 /PRNewswire/ -- Shipments of steel products reached 4.4 million tonnes in the 1Q14, a reduction of 3.7% when compared to 1Q13. Net Sales reached R$ 10.6 billion in the 1Q14, an increase of 15.1% when compared to 1Q13. 1Q14 EBITDA reached R$ 1.2 billion, compared to R$ 805 million in the 1Q13. The EBITDA margin reached 11.3% in the 1Q14, higher than 8.8% recorded in 1Q13, due to the better performance in the various regions where the Company...

2014-05-07 08:35:36

SAO PAULO, May 7, 2014 /PRNewswire/ -- CSN - Companhia Siderurgica Nacional (BM&FBOVESPA: CSNA3) (NYSE: SID) announces its results for the 1Q14: -- Net revenue totaled R$4.4 billion in 1Q14, 20% up on 1Q13; -- Gross profit came to R$1.3 billion, 69% more than in 1Q13; -- Adjusted EBITDA amounted to R$1.4 billion, a 60% improvement over the R$0.9 billion recorded in 1Q13, with an adjusted EBITDA margin of 30%, up by 8 p.p. in the same period; --...


Word of the Day
tesla
  • The unit of magnetic flux density in the International System of Units, equal to the magnitude of the magnetic field vector necessary to produce a force of one newton on a charge of one coulomb moving perpendicular to the direction of the magnetic field vector with a velocity of one meter per second. It is equivalent to one weber per square meter.
This word is named for Nikola Tesla, the inventor, engineer, and futurist.