Estácio Participações reported financial results for the fourth quarter and full year of 2010. Key highlights included:
- Revenue was in line with guidance at R$252.5 million for 4Q10 and R$1.016 billion for 2010.
- Recurring EBITDA margin was 10.7% for 4Q10 and 12.5% for 2010, meeting guidance.
- Net income increased 107.5% to R$22.2 million for 4Q10 and 27.1% to R$80.6 million for 2010.
- The distance learning segment grew significantly, reaching 26,200 students in just 18 months.
- Estácio reported strong growth in 2011, with a 9% increase in on-campus students and 50% growth in distance learning students.
- The company saw 32.3% EBITDA growth and a 1.7 percentage point expansion in EBITDA margin for 2011.
- Estácio continued expanding through acquisitions of 4 companies in 2011 and launched 2 new campuses.
- Key drivers of margin expansion included centralization efforts and scalability of the business model. Average days receivables increased slightly over 2010 levels.
This document provides highlights and results from CCR's 4Q07 earnings.
Key highlights include a 6.9% increase in traffic in 4Q07 and 6.2% for 2007. Net revenue increased 11.7% in 4Q07 and 9.7% for 2007. EBITDA grew 16.7% in 4Q07.
Results reflect higher traffic and lower operating costs. Net income decreased 41.6% in 4Q07 due to higher financial expenses. CCR is proposing additional dividends of R$0.50 per share for 2007. Upcoming events include an acquisition of a stake in Renovias.
- Estácio reported strong financial results for 2012, with net revenue growth of 20.5% and EBITDA growth of 70.7%.
- Key acquisitions in 2012 expanded Estácio's student base to over 271,000 students.
- Margin gains were achieved through effective cost controls in areas like personnel expenses and the end of an INSS step-up.
- SG&A expenses as a percentage of revenue remained stable due to selling expense reductions offsetting higher provisions for credit losses.
1. The group reported record net income of KRW 809.8 billion for FY 2014, up 166% YoY, driven by strong earnings from Busan Bank and the addition of Kyongnam Bank.
2. Busan Bank recorded net income of KRW 355.2 billion for FY 2014, up 11.5% YoY, with ROA of 0.75% and ROE of 9.81%.
3. Kyongnam Bank reported net income of KRW 8.7 billion for the second half of 2014 after its acquisition in October 2014.
São Paulo, February 23, 2011 – Banco Indusval S.A., financial institution with activities primarily focused on corporate lending, operating in the Brazilian market for over 40 years, listed at the Stock, Commodities and Futures Exchange - BM&FBOVESPA under tickers IDVL3 and IDVL4, announces its financial results for the forth quarter 2010 (4Q10) and fiscal year 2010 (2010).
1) Eduardo Alcalay, CEO, and Rogério Melzi, CFO, reported on the company's 1Q11 results, which showed continued growth and margin expansion.
2) Key metrics like net revenue, recurring EBIT, recurring EBITDA, and net income all increased between 7-21% compared to 1Q10. Recurring EBITDA margin expanded 1.9 percentage points.
3) The company saw record student enrollment growth of 24.4% to 73,500 new students and an 11.6% expansion of its total student base compared to 1Q10.
Bank of Baroda reported a 9% quarter-on-quarter decline in adjusted net profit. Net interest income grew 19% year-over-year and 9% quarter-on-quarter. Loan growth was 22% year-over-year while deposit growth outpaced loans at 25%. Asset quality deteriorated sequentially with gross NPAs rising 6% quarter-on-quarter, but the coverage ratio remained adequate. The bank maintained a buy rating based on comfortable capital levels, best-in-class returns, and minimal concerns over asset quality.
- Estácio reported strong growth in 2011, with a 9% increase in on-campus students and 50% growth in distance learning students.
- The company saw 32.3% EBITDA growth and a 1.7 percentage point expansion in EBITDA margin for 2011.
- Estácio continued expanding through acquisitions of 4 companies in 2011 and launched 2 new campuses.
- Key drivers of margin expansion included centralization efforts and scalability of the business model. Average days receivables increased slightly over 2010 levels.
This document provides highlights and results from CCR's 4Q07 earnings.
Key highlights include a 6.9% increase in traffic in 4Q07 and 6.2% for 2007. Net revenue increased 11.7% in 4Q07 and 9.7% for 2007. EBITDA grew 16.7% in 4Q07.
Results reflect higher traffic and lower operating costs. Net income decreased 41.6% in 4Q07 due to higher financial expenses. CCR is proposing additional dividends of R$0.50 per share for 2007. Upcoming events include an acquisition of a stake in Renovias.
- Estácio reported strong financial results for 2012, with net revenue growth of 20.5% and EBITDA growth of 70.7%.
- Key acquisitions in 2012 expanded Estácio's student base to over 271,000 students.
- Margin gains were achieved through effective cost controls in areas like personnel expenses and the end of an INSS step-up.
- SG&A expenses as a percentage of revenue remained stable due to selling expense reductions offsetting higher provisions for credit losses.
1. The group reported record net income of KRW 809.8 billion for FY 2014, up 166% YoY, driven by strong earnings from Busan Bank and the addition of Kyongnam Bank.
2. Busan Bank recorded net income of KRW 355.2 billion for FY 2014, up 11.5% YoY, with ROA of 0.75% and ROE of 9.81%.
3. Kyongnam Bank reported net income of KRW 8.7 billion for the second half of 2014 after its acquisition in October 2014.
São Paulo, February 23, 2011 – Banco Indusval S.A., financial institution with activities primarily focused on corporate lending, operating in the Brazilian market for over 40 years, listed at the Stock, Commodities and Futures Exchange - BM&FBOVESPA under tickers IDVL3 and IDVL4, announces its financial results for the forth quarter 2010 (4Q10) and fiscal year 2010 (2010).
1) Eduardo Alcalay, CEO, and Rogério Melzi, CFO, reported on the company's 1Q11 results, which showed continued growth and margin expansion.
2) Key metrics like net revenue, recurring EBIT, recurring EBITDA, and net income all increased between 7-21% compared to 1Q10. Recurring EBITDA margin expanded 1.9 percentage points.
3) The company saw record student enrollment growth of 24.4% to 73,500 new students and an 11.6% expansion of its total student base compared to 1Q10.
Bank of Baroda reported a 9% quarter-on-quarter decline in adjusted net profit. Net interest income grew 19% year-over-year and 9% quarter-on-quarter. Loan growth was 22% year-over-year while deposit growth outpaced loans at 25%. Asset quality deteriorated sequentially with gross NPAs rising 6% quarter-on-quarter, but the coverage ratio remained adequate. The bank maintained a buy rating based on comfortable capital levels, best-in-class returns, and minimal concerns over asset quality.
HDFC Bank reported strong growth in net profit of 32.7% year-over-year and 12.4% quarter-over-quarter. Gross advances grew 37.7% year-over-year, significantly outpacing industry growth. Deposits also increased substantially by 30.4% year-over-year. Asset quality remained stable with gross NPAs at 1.2% and net NPAs at 0.3%, while the bank maintained a healthy capital adequacy ratio of 17%.
The document summarizes the company's 1Q09 earnings release. Some key points:
- Student enrollment increased by 54 thousand in the first semester and the renewal rate was 86%. The student base reached 211 thousand, a 6.4% increase from 1Q08.
- Efficiencies led to reductions in faculty costs and administrative expenses. A more aggressive marketing strategy was pursued.
- Net revenue grew 11.4% to R$264.6 million. EBITDA increased 11% to R$43.1 million while maintaining margins.
- Strong cost controls allowed for increased marketing spending while keeping a conservative approach to delinquent students. Capex was R$6.8 million
Garuda Indonesia reported on its financial and operating results for the second quarter of 2011. Key highlights include:
- Passenger traffic grew 3.1% year-over-year to 45 million passengers in the second quarter.
- Revenue increased 40.5% to IDR 6 trillion, while expenses rose 39.1% to IDR 6.1 trillion.
- EBITDAR grew 31.9% to IDR 878 billion.
- Load factor increased to 75.1% and passenger yield rose 13.9% to 9.4 US cents.
Overall, Garuda saw continued growth in the second quarter of 2011 with increases in passengers, revenue and profits, although
Profarma's market share reached a record high of 12.8% in 4Q07, up from 9.6% in 2006. Consolidated gross revenue grew 40.1% compared to 4Q06, reaching R$740.4 million. Adjusted EBITDA was R$26.2 million, a 35.3% increase over 4Q06. New regions showed strong growth, with revenues of R$75 million, up 34.6% over 3Q07. The company reduced errors per million units shipped by 34.5% between 3Q07 and 4Q07.
The document provides financial results for CCR for 4Q08 and full year 2008. Some key highlights include:
- Net revenue increased 15.9% in 4Q08 and 16.2% for the full year. EBITDA grew 29.2% in 4Q08 and 20.1% for the full year.
- Traffic increased 7.3% in 4Q08 and 8.4% for the full year. The number of tag users grew 43.5% compared to the end of 2007.
- Management proposes an additional dividend payment of R$0.35 per share for 2008, subject to shareholder approval.
The document reports on Estacio Participacoes' financial results for 2009, highlighting increased profitability through EBITDA growth of 21% and an EBITDA margin gain of 1.8 percentage points, as well as continued focus on improving academic quality and pursuing future growth opportunities like distance learning and acquisitions.
This document summarizes the 1Q08 results presentation by JBS S.A., a global meat processing company. It highlights that JBS's net revenue grew 439.4% in 1Q08 compared to 1Q07. EBITDA margin increased 85.9% compared to the previous quarter. JBS USA saw a 20.3% gain in net revenue versus 1Q07 and increased gross margin. The results of JBS MERCOSUL were negatively impacted by EU restrictions and the Argentine economy. The presentation discusses results by business units and markets, and analyzes trends in global cattle prices and meat margins.
The document summarizes Estácio's 2Q09 earnings release. Some key points:
- Student enrollment reached 202 thousand, a 4.7% increase over 1H08.
- Revenue grew 4.4% in 2Q09 and 7.9% in 1H09. EBITDA margin expanded due to cost controls and efficiency gains.
- Net income increased 76.7% in 2Q09 due to higher operating results.
- Capex totaled R$21.6 million in 1H09, primarily for organic growth. Net cash decreased to R$215.6 million as of June 30, 2009.
Union bank result update 4 qfy2010 100510guest45ce0f1
Union Bank of India reported a 27.6% year-over-year increase in net profit for the fourth quarter of fiscal year 2010, beating expectations. Loan growth was 23.4% and deposit growth was 22.6% for the quarter. While asset quality pressures rose with an increase in the gross NPA ratio, the bank's net interest income grew 50.7% due to strong growth in current and savings deposits. The analyst recommends accumulating the stock due to the bank's profitable operations and competitive position, setting a target price of Rs318, an 8% upside from current levels.
Apresentação sem discurso 2 t10 aes eletropaulo final_eng (final)AES Eletropaulo
- AES Eletropaulo reported higher energy volume, earnings, and cash generation in 2Q10 compared to 2Q09. Net income increased 201% due to market growth, tariff adjustments, and one-off gains.
- EBITDA more than doubled due to increased revenue, lower expenses, and a one-time settlement. Cash flow was up 37% despite higher capital expenditures.
- The results demonstrate the company's improved operational and financial performance through consumption growth, expense management, and non-recurring items.
Eletropaulo reported higher operational and financial results in 1Q10 compared to 1Q09. Key highlights include a 5.2% increase in captive market consumption, lower commercial losses, and a 6.8% increase in net income. Cash generation was 113% higher due to consumption growth and a tariff readjustment. Standard & Poor's raised Eletropaulo's credit ratings. The company issued R$800 million in debentures to refinance debt and fund investments. Overall, 1Q10 results showed improved performance driven by higher consumption and tariff increases.
Eletropaulo 1 q10_eng_final [modo de compatibilidade]AES Eletropaulo
Eletropaulo reported higher operational and financial results in 1Q10 compared to 1Q09. Key highlights include a 5.2% increase in captive market consumption, lower commercial losses, and a 6.8% increase in net income. Cash generation was 113% higher due to consumption growth and a tariff readjustment. Investments totaled R$46 million focused on expanding the system and customer service. Eletropaulo also issued R$800 million in debentures to refinance debt and fund investments.
2 q07 financial and operating results presentationEquatorial
The document summarizes the financial and operating results of an unnamed company for the second quarter of 2007.
Key highlights include a 12.6% increase in net revenues year-over-year, a 42.3% increase in EBITDA, and a 66.2% increase in net income. Customer base grew 7% year-over-year and energy sales increased 13.3%. Quality metrics like DEC and FEC improved significantly compared to the previous year. Manageable costs and expenses declined as a percentage of net revenues.
This presentation summarizes Sweco's financial highlights for the first half of 2012. Key points include continued strong growth and solid profitability. Sweco Sweden and Finland performed best. While demand increased, there is an increased probability of slowdown in some segments. Net sales grew 32% to SEK 3.9 billion for the period, with operating profit up 44% to SEK 380.9 million. Overall the market outlook remains robust, though some segments may slow.
This investor handout provides an overview of Bayer's financial performance in Q1 2012 and outlook for 2012. Key points include:
- Sales and earnings grew in Q1 2012 compared to Q1 2011, with a 5% increase in sales and double-digit increases in EBIT and EPS.
- The outlook for 2012 projects further sales and earnings growth, with sales expected to increase around 3% and EBITDA and EPS expected to slightly improve.
- Bayer has mid-term targets through 2014 to increase sales and profitability across its business segments, focusing on innovation, growth, and productivity.
The document summarizes Estácio's 2Q09 earnings release. Some key points:
- Student enrollment reached 202 thousand, a 4.7% increase over 1H08.
- Revenue grew 4.4% in 2Q09 and 7.9% in 1H09. EBITDA margin expanded due to cost controls.
- SG&A expenses declined due to efficiency gains, while marketing spending increased.
- Net income grew 76.7% in 2Q09 due to higher operating results. Capex focused on organic growth and the company had a net cash position of R$215.6 million.
The document is about a carnivorous animal that lives in a damp habitat in southern Belize, Mexico, or Peru. It eats only meat, which makes it a carnivore. It is a powerful symbol known for its strength, beauty, and size as the largest land animal in the Western Hemisphere. It is also the fastest animal. It has a coat pattern of black, tan, brown, or white spots. The animal is revealed to be a jaguar.
Morgan Santley 11th Annual Latin American Conference PresentationEstácio Participações
The document discusses the Brazilian post-secondary education sector and Estácio Participações, the largest player in the private post-secondary sector in Brazil. It notes the sector has high growth potential due to low penetration rates and increasing demand. Estácio has a national footprint of 77 campuses and over 205,000 students. It discusses Estácio's growth strategies including organic growth, acquisitions, distance learning, and efficiency gains.
Estácio Participações reported strong third quarter 2011 results with higher student enrollment, revenue, margins and net income compared to the previous year. The company saw a 26% increase in new students, revenue growth of 15.6%, EBITDA growth of 39.1% and net income growth of 22.9%. Margins expanded due to increased revenue and efficiency gains in personnel and administrative costs. Acquired companies also contributed to margin expansion. The results demonstrate the success of Estácio's business model of centralization, scalability and new academic programs.
This corporate presentation provides an overview of Estácio Participações for the first quarter of 2009. It discusses Estácio's position as the largest player in the undergraduate sector in Brazil with 211,000 students across 77 campuses. The presentation highlights Estácio's asset light model, regulatory environment, growth opportunities through organic expansion and M&A, and potential for margin improvements. Financial results for 2005-2008 are also summarized.
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HDFC Bank reported strong growth in net profit of 32.7% year-over-year and 12.4% quarter-over-quarter. Gross advances grew 37.7% year-over-year, significantly outpacing industry growth. Deposits also increased substantially by 30.4% year-over-year. Asset quality remained stable with gross NPAs at 1.2% and net NPAs at 0.3%, while the bank maintained a healthy capital adequacy ratio of 17%.
The document summarizes the company's 1Q09 earnings release. Some key points:
- Student enrollment increased by 54 thousand in the first semester and the renewal rate was 86%. The student base reached 211 thousand, a 6.4% increase from 1Q08.
- Efficiencies led to reductions in faculty costs and administrative expenses. A more aggressive marketing strategy was pursued.
- Net revenue grew 11.4% to R$264.6 million. EBITDA increased 11% to R$43.1 million while maintaining margins.
- Strong cost controls allowed for increased marketing spending while keeping a conservative approach to delinquent students. Capex was R$6.8 million
Garuda Indonesia reported on its financial and operating results for the second quarter of 2011. Key highlights include:
- Passenger traffic grew 3.1% year-over-year to 45 million passengers in the second quarter.
- Revenue increased 40.5% to IDR 6 trillion, while expenses rose 39.1% to IDR 6.1 trillion.
- EBITDAR grew 31.9% to IDR 878 billion.
- Load factor increased to 75.1% and passenger yield rose 13.9% to 9.4 US cents.
Overall, Garuda saw continued growth in the second quarter of 2011 with increases in passengers, revenue and profits, although
Profarma's market share reached a record high of 12.8% in 4Q07, up from 9.6% in 2006. Consolidated gross revenue grew 40.1% compared to 4Q06, reaching R$740.4 million. Adjusted EBITDA was R$26.2 million, a 35.3% increase over 4Q06. New regions showed strong growth, with revenues of R$75 million, up 34.6% over 3Q07. The company reduced errors per million units shipped by 34.5% between 3Q07 and 4Q07.
The document provides financial results for CCR for 4Q08 and full year 2008. Some key highlights include:
- Net revenue increased 15.9% in 4Q08 and 16.2% for the full year. EBITDA grew 29.2% in 4Q08 and 20.1% for the full year.
- Traffic increased 7.3% in 4Q08 and 8.4% for the full year. The number of tag users grew 43.5% compared to the end of 2007.
- Management proposes an additional dividend payment of R$0.35 per share for 2008, subject to shareholder approval.
The document reports on Estacio Participacoes' financial results for 2009, highlighting increased profitability through EBITDA growth of 21% and an EBITDA margin gain of 1.8 percentage points, as well as continued focus on improving academic quality and pursuing future growth opportunities like distance learning and acquisitions.
This document summarizes the 1Q08 results presentation by JBS S.A., a global meat processing company. It highlights that JBS's net revenue grew 439.4% in 1Q08 compared to 1Q07. EBITDA margin increased 85.9% compared to the previous quarter. JBS USA saw a 20.3% gain in net revenue versus 1Q07 and increased gross margin. The results of JBS MERCOSUL were negatively impacted by EU restrictions and the Argentine economy. The presentation discusses results by business units and markets, and analyzes trends in global cattle prices and meat margins.
The document summarizes Estácio's 2Q09 earnings release. Some key points:
- Student enrollment reached 202 thousand, a 4.7% increase over 1H08.
- Revenue grew 4.4% in 2Q09 and 7.9% in 1H09. EBITDA margin expanded due to cost controls and efficiency gains.
- Net income increased 76.7% in 2Q09 due to higher operating results.
- Capex totaled R$21.6 million in 1H09, primarily for organic growth. Net cash decreased to R$215.6 million as of June 30, 2009.
Union bank result update 4 qfy2010 100510guest45ce0f1
Union Bank of India reported a 27.6% year-over-year increase in net profit for the fourth quarter of fiscal year 2010, beating expectations. Loan growth was 23.4% and deposit growth was 22.6% for the quarter. While asset quality pressures rose with an increase in the gross NPA ratio, the bank's net interest income grew 50.7% due to strong growth in current and savings deposits. The analyst recommends accumulating the stock due to the bank's profitable operations and competitive position, setting a target price of Rs318, an 8% upside from current levels.
Apresentação sem discurso 2 t10 aes eletropaulo final_eng (final)AES Eletropaulo
- AES Eletropaulo reported higher energy volume, earnings, and cash generation in 2Q10 compared to 2Q09. Net income increased 201% due to market growth, tariff adjustments, and one-off gains.
- EBITDA more than doubled due to increased revenue, lower expenses, and a one-time settlement. Cash flow was up 37% despite higher capital expenditures.
- The results demonstrate the company's improved operational and financial performance through consumption growth, expense management, and non-recurring items.
Eletropaulo reported higher operational and financial results in 1Q10 compared to 1Q09. Key highlights include a 5.2% increase in captive market consumption, lower commercial losses, and a 6.8% increase in net income. Cash generation was 113% higher due to consumption growth and a tariff readjustment. Standard & Poor's raised Eletropaulo's credit ratings. The company issued R$800 million in debentures to refinance debt and fund investments. Overall, 1Q10 results showed improved performance driven by higher consumption and tariff increases.
Eletropaulo 1 q10_eng_final [modo de compatibilidade]AES Eletropaulo
Eletropaulo reported higher operational and financial results in 1Q10 compared to 1Q09. Key highlights include a 5.2% increase in captive market consumption, lower commercial losses, and a 6.8% increase in net income. Cash generation was 113% higher due to consumption growth and a tariff readjustment. Investments totaled R$46 million focused on expanding the system and customer service. Eletropaulo also issued R$800 million in debentures to refinance debt and fund investments.
2 q07 financial and operating results presentationEquatorial
The document summarizes the financial and operating results of an unnamed company for the second quarter of 2007.
Key highlights include a 12.6% increase in net revenues year-over-year, a 42.3% increase in EBITDA, and a 66.2% increase in net income. Customer base grew 7% year-over-year and energy sales increased 13.3%. Quality metrics like DEC and FEC improved significantly compared to the previous year. Manageable costs and expenses declined as a percentage of net revenues.
This presentation summarizes Sweco's financial highlights for the first half of 2012. Key points include continued strong growth and solid profitability. Sweco Sweden and Finland performed best. While demand increased, there is an increased probability of slowdown in some segments. Net sales grew 32% to SEK 3.9 billion for the period, with operating profit up 44% to SEK 380.9 million. Overall the market outlook remains robust, though some segments may slow.
This investor handout provides an overview of Bayer's financial performance in Q1 2012 and outlook for 2012. Key points include:
- Sales and earnings grew in Q1 2012 compared to Q1 2011, with a 5% increase in sales and double-digit increases in EBIT and EPS.
- The outlook for 2012 projects further sales and earnings growth, with sales expected to increase around 3% and EBITDA and EPS expected to slightly improve.
- Bayer has mid-term targets through 2014 to increase sales and profitability across its business segments, focusing on innovation, growth, and productivity.
The document summarizes Estácio's 2Q09 earnings release. Some key points:
- Student enrollment reached 202 thousand, a 4.7% increase over 1H08.
- Revenue grew 4.4% in 2Q09 and 7.9% in 1H09. EBITDA margin expanded due to cost controls.
- SG&A expenses declined due to efficiency gains, while marketing spending increased.
- Net income grew 76.7% in 2Q09 due to higher operating results. Capex focused on organic growth and the company had a net cash position of R$215.6 million.
The document is about a carnivorous animal that lives in a damp habitat in southern Belize, Mexico, or Peru. It eats only meat, which makes it a carnivore. It is a powerful symbol known for its strength, beauty, and size as the largest land animal in the Western Hemisphere. It is also the fastest animal. It has a coat pattern of black, tan, brown, or white spots. The animal is revealed to be a jaguar.
Morgan Santley 11th Annual Latin American Conference PresentationEstácio Participações
The document discusses the Brazilian post-secondary education sector and Estácio Participações, the largest player in the private post-secondary sector in Brazil. It notes the sector has high growth potential due to low penetration rates and increasing demand. Estácio has a national footprint of 77 campuses and over 205,000 students. It discusses Estácio's growth strategies including organic growth, acquisitions, distance learning, and efficiency gains.
Estácio Participações reported strong third quarter 2011 results with higher student enrollment, revenue, margins and net income compared to the previous year. The company saw a 26% increase in new students, revenue growth of 15.6%, EBITDA growth of 39.1% and net income growth of 22.9%. Margins expanded due to increased revenue and efficiency gains in personnel and administrative costs. Acquired companies also contributed to margin expansion. The results demonstrate the success of Estácio's business model of centralization, scalability and new academic programs.
This corporate presentation provides an overview of Estácio Participações for the first quarter of 2009. It discusses Estácio's position as the largest player in the undergraduate sector in Brazil with 211,000 students across 77 campuses. The presentation highlights Estácio's asset light model, regulatory environment, growth opportunities through organic expansion and M&A, and potential for margin improvements. Financial results for 2005-2008 are also summarized.
What makes SlideServe unique and powerful ?
* Upload presentations free of cost
* Share presentation publicly or privately
* Create your own free channels
* Share on social communities like Facebook, Twitter
* SlideServe allows people to easily upload and share presentations on
www.slideserve.com and across the Internet through websites, mobile devices, blogs, and email.
A story outline for a picnic gone wrong is provided. The introduction establishes the who, what, when, where and weather for a picnic. The first paragraph details what was brought, their arrival activities, and eating. The second paragraph introduces something unexpected happening, their reaction, and changing feelings. The conclusion asks how the story concluded, if they returned home safely, and their final feelings.
Estácio reported strong financial results for 2Q11 and 1H11, with double-digit revenue growth and margin expansion. The company saw organic growth in its on-campus student base and acquired several companies, expanding its total student enrollment. Cash costs were well managed through efficiencies, offsetting inflationary pressures. Selling, general and administrative expenses declined as a percentage of revenue through tighter cost control. Receivables performance improved with a reduction in overdue amounts over 180 days.
1. Estacio reported strong growth in 1Q12, with net revenue up 19.9% and net income up 39%. Organic student base growth and recent acquisitions contributed to results.
2. Key metrics like EBITDA and EBITDA margin increased significantly in 1Q12 both overall and excluding acquisitions, demonstrating sustainable growth.
3. Cash costs improved as a percentage of revenue due to personnel cost controls and the end of social security step-ups, while SG&A expenses were well managed.
1) Revenues declined 3.2% in 1Q10 due to a reduction in student base, while costs were well managed resulting in a smaller 1% decline in gross profits.
2) EBITDA and net income declined by 7.9% and 12% respectively due to lower revenues partially offset by cost controls.
3) The company maintained a strong balance sheet and cash generation capabilities to pursue strategic acquisitions for future growth.
The document provides a summary of CCR's 4Q09 results and upcoming events. Key highlights include:
- Traffic grew 19.5% in 4Q09 and 17.1% in 2009, excluding new assets. EBITDA increased 10% in 4Q09.
- Management proposes an additional dividend of R$101.5 million for 2009, totaling an 89.7% payout ratio.
- A capital increase of R$1.276 billion through the issue of new shares was completed.
- Capex is projected to be R$483 million for AutoBAn and R$308.2 million for NovaDutra in 2010.
This document presents the pro forma consolidated results for CCR for 2010. Key highlights include:
- Net revenue increased 22.2% to R$3.775,9 billion while net income grew 17.5% to R$745,4 million.
- Traffic grew 24% in 2010, with a 12.1% increase without acquisitions. Electronic payment tags increased 38.2%.
- Management proposes distributing R$100,775 thousand in dividends for 2010, resulting in a 126.7% payout ratio.
- In October 2010, CCR acquired SPVias for R$1.3 billion to expand its road network.
Estácio reported its results for the second quarter of 2010, highlighting growth in key metrics. Revenue increased 3.9% to R$258.2 million driven by a 27.4% rise in distance learning students. Gross margin expanded 1.2 percentage points to 27.6% due to revenue growth and cost control. EBITDA grew 4.5% to R$18.7 million and the EBITDA margin remained flat at 7.2%. However, net income declined 27.8% to R$7.8 million impacted by higher provisions for doubtful accounts. The company continued focusing on quality higher education programs and graduate offerings.
Vivo reported its financial results for the fourth quarter of 2009. Total revenue increased 3.4% year-over-year to R$16.4 billion, driven by a 5.9% increase in net service revenue to R$15 billion. EBITDA grew 7.2% to R$5.2 billion and net income more than doubled to R$857.5 million. The number of total accesses increased 14.3% year-over-year to 51.7 million. Data usage also grew significantly, with mobile internet users up 58% and data and value-added services revenue increasing 41.5% compared to the previous year.
Profarma's market share reached a record high of 12.8% in 4Q07, up from 9.6% in 2006. Consolidated gross revenue grew 40.1% compared to 4Q06, reaching R$740.4 million. Adjusted EBITDA was R$26.2 million, a 35.3% increase over 4Q06. New regions showed strong growth, with revenues of R$75 million, up 34.6% over 3Q07. The company's cash cycle improved to 64.3 days.
CCR reported strong financial results for 2Q05, with net revenues up 38.2% and net income up 372%. Traffic increased 23.3% across concessions. Total costs grew at a slower rate than revenues, leading to a 10.9 percentage point increase in EBIT margin to 38.9%. Indebtedness declined with net debt to EBITDA falling to 1.03x. The company also outlined plans to evaluate new concession opportunities in Brazil, Mexico, and Chile while continuing social responsibility programs.
CCR reported strong financial results for 4Q11 and full year 2011. Key highlights include:
- Traffic growth of 4.4% in 4Q11 and 10.8% for 2011. Electronic toll collections reached 64.4% in 4Q11.
- EBITDA growth of 31.3% in 4Q11 and 29.9% for 2011, with EBITDA margins expanding significantly.
- Net income increased 1781.9% in 4Q11 and 33.9% for 2011, benefiting from increased traffic and capital discipline.
CCR reported its 1Q12 earnings results, which showed increases in several key financial metrics compared to 1Q11:
- Traffic increased 5.1%
- EBITDA increased 17.9% to R$780.5 million, with the margin expanding 1.9 percentage points to 65.3%
- Net income increased 64.7% to R$288.6 million
The earnings growth was driven by increased cash flow generation from higher traffic and tariffs, combined with reductions in operational costs and financial expenses. Subsequent to 1Q12, CCR also reported the acquisition of an 80% stake in BARCAS and being awarded the concession for Transolímpica.
The document summarizes CCR's 2Q12 earnings results. Key highlights include an 11% increase in net revenues compared to 2Q11, a 13.4% increase in EBITDA with margins up 1.3 percentage points, and a 37.7% increase in net income. Traffic increased by 1.4% while electronic toll collections reached 67.4% of revenues. EBITDA margins expanded due to increased cash generation and cost reductions, including lower concession fees, personnel costs, and maintenance provisions.
- The company's net profit increased 47.1% compared to the previous quarter, reaching R$11.4 million.
- Inventory levels decreased 11.1% compared to the previous quarter.
- Cash flow from operating activities was positive at R
Hyundai Commercial presented its 2012 financial results showing:
1) Operating income slightly decreased from the previous year due to increases in other operating expenses from government regulations.
2) While ordinary income decreased due to one-time factors, the company's fundamentals remained solid with a high return on assets of 3.01%.
3) The company maintained disciplined asset diversification across its financial businesses and stable capital levels above regulatory requirements.
This document provides a summary of Profarma's 4Q10 and 2010 earnings release. Some key highlights include:
- A 3.7 day reduction in cash cycle compared to 2009, resulting in lower working capital of R$22.9 million
- Positive operating cash flow for the third consecutive year of R$44.4 million
- A 3.0% increase in consolidated gross revenues to R$3.1 billion in 2010
- Net debt decreased to R$108.7 million in December 2010
- The company reported a 3.7 day reduction in its cash cycle compared to 2009, lowering costs by R$22.9 million. Operating cash flow was positive for the third straight year at R$44.4 million.
- Gross revenues increased 3.0% to R$3.1 billion in 2010, with strong 37.8% growth in health and beauty products. Sales through electronic orders reached a record 65.3% of total sales.
- Net debt declined R$9.4 million to R$108.7 million in 2010 due to positive operating cash generation of R$44.4 million.
Banco Indusval reported financial results for 2Q10 and 1H10. Credit portfolio growth was moderate at 2.5% in the quarter, and default rates fell due to economic recovery. Net profit was R$8.3 million in 2Q10, up 13.7% from last quarter. Management comments indicated initiatives to improve products and services should have medium-term benefits, while credit to mid-sized companies grew and default rates declined.
- Profarma saw a 12.3% growth in consolidated gross revenue compared to the same period last year, reaching R$784 million, with strong growth in hospitals and vaccines.
- Operating expenses decreased 12.5% compared to the previous quarter, reaching their best level since 2004 at 7% of net revenue.
- Cash cycle was reduced by about six days, generating R$40 million in working capital reduction.
The document provides the company's 3Q09 results. It highlights that traffic grew 14.5% in 3Q09 and 16.3% in 9M09. Net revenue increased 6.9% in 3Q09 and 12.4% in 9M09. EBITDA grew 7.5% in 3Q09 to R$518.7 million with an EBITDA margin of 65.2%. The company also paid a dividend of R$1.26 per share totaling R$507.9 million in September 2009 and completed a capital increase of R$1,098.9 million through the issue of new shares.
The document summarizes the financial results of a company for fiscal year 2011. Some key points:
- Net income for 2011 was RUB 1,594 million, an increase of 2.7 times over the previous year. Total assets grew 10.7% to RUB 183,888 million.
- The corporate and retail loan portfolios increased 14.6% and 46.7% respectively. Client funds grew 11.4% and the loan to deposit ratio improved.
- Net interest margin was 4.3% for 2011, a 64 basis point increase over 2010. Net fees grew 55.5% while cost of risk remained at 1.8%.
- Return on equity for 2011
Similar to Estácio: 4Q10 and 2010 Conference Call Presentation (20)
O resumo do documento em 3 frases ou menos é:
O lucro líquido da Estácio cresceu 10% no 3T17 em comparação com o 3T16, impulsionado por um aumento de 15% no EBITDA. A receita líquida aumentou 5,9% no período, com melhorias nos tickets médios presencial e EAD. A empresa também observou uma melhora na performance da carteira de crédito.
This document summarizes the financial results of Estácio Participações for 3Q17. Net revenue increased 5.9% to R$808.1 million driven by growth in average ticket and a more sustainable student base. EBITDA grew 15% to R$223.6 million and EBITDA margin expanded 2.2 percentage points. Operating cash flow increased significantly to R$360.4 million, up 101.3% compared to 3Q16. The company expects continued growth through opening new distance learning centers and medicine courses.
Estácio reported financial results for 1Q17 with net revenue increasing 3.8% to R$819 million driven by higher average ticket prices. EBITDA grew 9% to R$214.8 million with margins expanding 1.2 percentage points. Cash flow from operations more than doubled to R$62.3 million due to improved working capital management. The company will continue focusing on sustainable enrollment growth and cost control to generate strong cash flows.
O documento apresenta os resultados financeiros da Estácio no 1T17, com destaque para:
1) Crescimento de 3,8% na receita líquida em comparação com 1T16;
2) Aumento de 9% no EBITDA;
3) Melhorias nos indicadores de ticket médio, taxa de evasão e prazo médio de recebimento.
Estácio reported strong 2Q17 results, with net revenue increasing 9.3% to R$913.4 million and EBITDA margin expanding 10.7 percentage points to 28.6%. Average ticket prices rose 11.7% for on-campus and 27.8% for distance learning students. Operational improvements led to a 26.2% reduction in selling, general and administrative expenses. Management is focused on continuing to execute initiatives to drive efficiencies and expand organically and inorganically.
O resumo das informações financeiras e operacionais da Estácio no 2T17 é:
1) A receita líquida cresceu 9,3% e o EBITDA aumentou 74,9%.
2) A margem EBITDA melhorou 10,7 pontos percentuais.
3) O lucro líquido teve alta significativa, passando de prejuízo para um lucro de R$166,3 milhões.
O documento discute a aquisição da Faculdade de Castanhal (FCAT) localizada no município de Castanhal, no Pará. A FCAT tem 9.225 vagas autorizadas e uma taxa de ociosidade de 78%. A aquisição da FCAT por R$26 milhões alinhada à estratégia de expansão da empresa no Pará e trará sinergias operacionais e qualidade acadêmica.
The document provides an overview of operating and financial performance for 4Q16 and FY2016. Key highlights include:
- Net revenue increased 8.2% in 4Q16 and 8.6% in FY2016. EBITDA grew 109.7% in 4Q16.
- Average receivables days improved from 78 to 66 days for non-FIES and remained high at 213-236 days for FIES.
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O documento apresenta os resultados financeiros e operacionais da Companhia no 4T16 e no ano de 2016. Destaca-se o aumento de 8,6% na receita líquida total de 2016 e a melhora no EBITDA de 109,7% no 4T16. Houve redução no prazo médio de recebimento de 12 dias e queda no capex total de 15,9% em 2016.
Estácio Participações is a Brazilian higher education company that has been operating since 1970. In the first half of 2016, Estácio saw increases in its student base, net revenue, and dividends compared to the same period last year. However, EBITDA and net income declined due to higher selling and administrative expenses and non-recurring items. For the remainder of 2016, Estácio's challenges include continuing to improve academic quality while ensuring students' employability through intake, renewal, and communication policies.
The document provides the 2Q16 results presentation for Estácio Participações. It summarizes the new management team, highlights restatements to previous periods and one-off adjustments in 2Q16. It also reviews operational performance, financial performance, and provides final remarks on guidelines for the remainder of 2016 focused on ticket recovery, cost reduction, and cash generation.
Este documento apresenta os resultados financeiros e operacionais da Estácio Participações no 1o semestre de 2016. Resume que a empresa teve crescimento na base de alunos de 8,5% e receita líquida de 9,3%, porém teve queda no lucro líquido de 40,6% devido a ajustes e revisões de controles internos. A empresa também propõe dividendos extraordinários de R$420 milhões.
Este documento apresenta os resultados financeiros da Estácio Participações no 3T16. Destaca um aumento de 7,6% na receita líquida e de 7,2% no lucro líquido em comparação com o mesmo período do ano anterior. Apresenta também as diretrizes estratégicas da empresa para 2017, focando em captação de alunos, redução de custos docentes e geração de caixa.
O documento apresenta os resultados financeiros da Estácio no 2T16. Destaca a nova administração, lançamentos pontuais no trimestre, crescimento na base de alunos, receita líquida e ticket médio presencial. Apresenta também os custos operacionais, prazo médio de recebimento, capitalização, fluxo de caixa e diretrizes para o segundo semestre de 2016, com foco em recuperação de ticket, racionalização de custos e geração de caixa.
The document provides financial and operational results for Estácio Participações for the first quarter of 2016 compared to the first quarter of 2015. Some key highlights include:
- Growth in on-campus and distance learning enrollment.
- 11.4% growth in student base and 9.8% growth in net revenue.
- Adjusted EBITDA increased 9.1% and net income declined slightly by 1.6%.
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O documento resume os resultados financeiros do primeiro trimestre de 2016 da Estácio Participações. Houve crescimento da captação presencial e EAD, aumento da receita líquida e da base de alunos, porém queda do lucro líquido. O fluxo de caixa operacional foi negativo devido ao aumento nos contas a receber, compensando a redução no CAPEX. Fatores como taxa de crescimento da receita, estabilização de despesas e pagamento de dívidas podem permitir melhor geração de caixa em 2016.
The document discusses Estácio's potential acquisition of Faculdade Unidas de Feira de Santana (FUFS) in Bahia, Brazil. FUFS has campuses in Feira de Santana with 1,500 current students across 5 programs. It recommends acquiring FUFS to expand Estácio's presence in Bahia, leveraging FUFS's facilities, programs, and proximity to Salvador while achieving operational synergies and cost optimizations. The purchase price is estimated at R$9.5 million Brazilian reals for the acquisition.
The document summarizes Estácio Participações' financial results for 4Q15 and 2015. It highlights growth in student base and net revenue. Recurring EBITDA grew 40.9% in 2015 with margin expansion. Key metrics like net income and earnings per share also increased over 20% from 2014 to 2015. Operational indicators such as student and employee satisfaction surveys showed continuous improvement. The company continued focusing on organic and inorganic growth through acquisitions.
O documento descreve a estratégia de aquisição da Faculdade Unidas de Feira de Santana, localizada na segunda maior cidade da Bahia. A IES possui 1.500 alunos matriculados e taxa de ociosidade de 46%, com potencial para crescimento após a aquisição pela Estácio. O preço sugerido é de R$9,5 milhões, com pagamento parcelado de R$6,5 milhões à vista e R$3 milhões em parcelas indexadas à inflação.
Estácio: 4Q10 and 2010 Conference Call Presentation
1. 4Q10 AND 2010 RESULTS
Eduardo Alcalay Rogério Melzi
CEO CFO and Investor Relations Officer
March. 2011
2. HIGHLIGHTS
40 years of history and looking to the future
New Academic Model: more than 70 thousand students received the new textbooks
Among the leaders in distance learning (EAD): more than 26 thousand students in
just 18 months of operations
Structured sales force: 20% increase in enrollments in 2H10
Working capital and cash: comfortable position to invest in business growth
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3. RESULTS’ HIGHLIGHTS
Recurring EBITDA margin in line with guidance
Main Indicators
4Q09 4Q10 Change 2009 2010 Change
(R$ MM)
Net Revenue 244.4 252.5 3.3% 1.008.8 1.016.1 0.7%
Recurring EBIT 15.0 17.3 15.3% 77.5 94.6 22.1%
Recurring EBIT Margin 6.1% 6.9% 0.7 p.p. 7.7% 9.3% 1.6 p.p.
Recurring EBITDA 25.9 27.0 4.2% 119.1 127.4 7.0%
Recurring EBITDA Margin 10.6% 10.7% 0.1 p.p. 11.8% 12.5% 0.7 p.p.
Net Income 10.7 22.2 107.5% 63.4 80.6 27.1%
Recurring Net Income 12.3 27.7 125.2% 77.1 101.7 31.9%
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4. OPERATING PERFORMANCE – STUDENT BASE
EDUCATIONAL SEGMENT
(In thousand students) On-Campus
Distance Learning
Total Student Base
+2.1%
210.0
205.7
9.6 26.2
196.1 183.8
2009 2010
Distance learning student base has 26.2 thousand students in just 18 months of operations
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5. OPERATING REVENUE
OPERATING REVENUE
(In R$ million)
Average on-campus ticket grew 5.3% in 2010
1.459.7 1.454.3
Net Revenue from distance learning grew 356.7% in the
year
450.9 438.2
2.4 p.p. decline in Gross Operating Revenue deductions in
4Q10
357.2 356.3
1.008.8 1.016.1 (R$) 4Q09 4Q10 ∆% 2009 2010 ∆%
112.8 103.8 Average
392.8 398.2 1.4% 420.1 420.3 0.0%
Ticket
244.4 252.5
On-campus 402.4 432.2 7.4% 424.5 446.9 5.3%
4Q09 4Q10 2009 2010 Distance
186.4 161.5 -13.3% 203.8 182.0 -10.7%
Learning
Net Revenue Deductions Gross Revenue
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9. EBITDA AND NET INCOME
EBITDA NET INCOME
(In R$ million) (In R$ million)
12.5% 10.0%
11.8%
7.6% 101.7
127.4
119.1
77.1
11.0%
10.6% 10.2%
5.0%
27.7
25.9 27.0
12.3
4Q09 4Q10 2009 2010 4Q09 4Q10 2009 2010
Recurring EBITDA Margin Recurring EBITDA Recurring Net Margin Recurring Net Income
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10. CASH FLOW
2010 CASH FLOW
(In R$ million)
47.9
127.4
70.5
9.0
21.1
1.4
30.5 3.9
69.9 64.8 6.8
201.0
165.4
Cash Positive Variation Negative Variation
* Financial Result except Operating Financial Result (included in Recurring EBITDA)
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11. OUTLOOK 2011
Growth with quality and profitability
1 Management: Optimization of faculty and infrastructure
2 Quality: Focus on SINAES indicators and student’s satisfaction
3 Tablet: Result of the revolutionary New Academic Model
4 Organic Expansion: Inauguration of 5 units
5 Acquisitions: Opportunities in the pipeline
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12. IR CONTACTS
Investor Relations:
Flávia de Oliveira
Email: flavia.oliveira@estacio.br
Phone: +55 (21) 3311-9789
Fax: +55 (21) 3311-9722
Address: Av. Embaixador Abelardo Bueno. 199 – Office Park – 6th floor
CEP: 22.775-040 – Barra da Tijuca – Rio de Janeiro – RJ – Brazil
Website: www.estacioparticipacoes.com/ir
This presentation may contain forward-looking statements concerning the industry’s prospects and Estácio Participações’ estimated financial and operating results;
these are ere projections and. as such. are based solely on the Company management’s expectations regarding the future of the business and its continuous
access to capital to finance Estácio Participações’ business plan. These considerations depend substantially on changes in market conditions. government rules.
competitive pressures and the performance of the sector and the Brazilian economy as well as other factors and are. therefore. subject to changes without
previous notice. We are a holding company. and our only assets are our interests in SESES. STB. SESPA. SESCE. SESPE. SESAL. SESSE. SESAP. UNEC. SESSA and
IREP. and we currently hold 99.9% of the capital stock of each of these subsidiaries. Considering that the Company was incorporated on March 31 2007. the
information presented herein is for comparison purposes only. on a proforma unaudited basis. relative to the first three months of 2007. as if the Company had
been organized on January 1 2007. Additionally. information was presented on an adjusted basis. in order to reflect the payment of taxes on SESES. our largest
subsidiary. which from February 2007. after becoming a for-profit company. is subject to the applicable taxation rules applied to the remaining subsidiaries.
except for the exemptions arising out of the PROUNI – University for All Program (“PROUNI”). Information presented for comparison purposes should not be
considered as a basis for calculation of dividends. taxes or for any other corporate purposes.
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