Tele Nordeste Celular Participações S.A. announced its results for the second quarter of 2000.
1) Operational highlights included adding 165,364 new clients, reaching a total of 1,362,000 clients, with market share estimated at 65%.
2) Financially, net income was R$0.9 million with revenues of R$210.8 million for the quarter. EBITDA was R$52.9 million representing an EBITDA margin of 25%. Bad debt expenses were R$29 million.
Press Release 3 Q00 Tele Nordeste Celular EnTIM RI
Tele Nordeste Celular Participações S.A. announced its third quarter 2000 results. Key highlights include:
- Client growth was up 9% from the previous quarter to 1,482,673 total clients.
- Market share remained stable at 65% and EBITDA increased 12% to R$58.8 million.
- Operating expenses decreased 7% while bad debt expenses decreased 10% compared to the previous quarter.
- New products and services were introduced including TIMnet.com portal and Timmy Empresarial prepaid product for businesses.
Press Release 4 Q98 Tele Nordeste Celular EnTIM RI
Tele Nordeste Celular Participações S.A. announced its year-end and fourth quarter 1998 results. For 1998, the company reported net income of R$104.2 million and revenues of R$469.6 million. The company's subscriber base grew 32.1% to 614,000 subscribers in 1998. Tele Nordeste also began selling cell phones to customers and digitalizing its network following its privatization in July 1998.
Press Release 1 Q00 Tele Nordeste Celular EnTIM RI
Tele Nordeste Celular Participações S.A. announced its first quarter 2000 results. Key highlights include:
- The company added 125,340 new customers, reaching 1.3 million total customers.
- Net income was R$11.2 million, down from R$13.6 million in the first quarter of 1999. Revenue increased 52.6% to R$214.4 million.
- Expenses increased 154% to R$85.4 million due to higher selling, administrative and financing costs from increased operations and debt levels.
- The company estimates its market share was 69% and continued investing in network digitization during the quarter.
Press Release 4 Q99 Tele Nordeste Celular EnTIM RI
Tele Nordeste Celular Participações S.A. announced its fourth quarter and year-end 1999 results. Key highlights include:
1) Net customer additions of 574,000 in 1999, bringing the total customer base to 1.18 million.
2) Quarterly revenue increased 72.5% year-over-year to R$212.4 million due to an increase in customers and handset sales.
3) For the full year, revenue increased 44% to R$674.9 million while gross profit increased 1.4% to R$284.5 million.
4) The company realized a net loss in the fourth quarter but net income of R$9
Press Release 1 Q01 Tele Nordeste Celular EnTIM RI
Tele Nordeste Celular Participações S.A. announced its first quarter 2001 results. It had a market share of 65.5% and EBITDA margin of 39.2%. Key highlights included the addition of 134,498 new clients, total clients reaching 1,556,619, and a reduction in bad debt expenses of 47.1% compared to the previous quarter. Consolidated net income was R$10.1 million, lower than the previous quarter due to lower revenue from reduced traffic volumes and handset sales.
Press Release 1 Q02 Tele Nordeste Celular EnTIM RI
This document contains contact information for four people at Tele Nordeste Celular Participações S.A. and summarizes the company's results for the first quarter of 2002. It discusses operational highlights such as subscriber numbers, market share, and new services. Financially, it reports the company had net income of R$23.2 million for the quarter with an EBITDA margin of 44.1% and consolidated operating revenue of R$214.3 million.
Tele Nordeste Celular Participações S.A. announced its second quarter 1999 results, reporting net income of R$2.9 million and revenue of R$150.4 million. While revenue increased 40% year-over-year due to subscriber growth, net income and margins declined due to increased operating expenses, higher depreciation rates, and handset subsidies. For the first half of 1999, the company reported revenue of R$290.9 million, EBITDA of R$100.9 million, and net income of R$16.5 million. Tele Nordeste continued expanding and upgrading its network in northeastern Brazil, and remained focused on subscriber growth through aggressive marketing despite rising competition.
This document summarizes the financial results of Tele Celular Sul Participações S.A. for the fourth quarter and full year of 2001. Some key highlights include:
- Revenue for 4Q01 was R$227 million, a 28% increase over 4Q00. Revenue for 2001 was R$791 million, a 10% increase over 2000.
- EBITDA for 4Q01 was R$79 million and R$321 million for 2001, increases of 17% and 47% respectively.
- Net income for 4Q01 was R$17 million and R$60 million for 2001, increases of 104% and 287% respectively.
- The company saw growth in revenue
Press Release 3 Q00 Tele Nordeste Celular EnTIM RI
Tele Nordeste Celular Participações S.A. announced its third quarter 2000 results. Key highlights include:
- Client growth was up 9% from the previous quarter to 1,482,673 total clients.
- Market share remained stable at 65% and EBITDA increased 12% to R$58.8 million.
- Operating expenses decreased 7% while bad debt expenses decreased 10% compared to the previous quarter.
- New products and services were introduced including TIMnet.com portal and Timmy Empresarial prepaid product for businesses.
Press Release 4 Q98 Tele Nordeste Celular EnTIM RI
Tele Nordeste Celular Participações S.A. announced its year-end and fourth quarter 1998 results. For 1998, the company reported net income of R$104.2 million and revenues of R$469.6 million. The company's subscriber base grew 32.1% to 614,000 subscribers in 1998. Tele Nordeste also began selling cell phones to customers and digitalizing its network following its privatization in July 1998.
Press Release 1 Q00 Tele Nordeste Celular EnTIM RI
Tele Nordeste Celular Participações S.A. announced its first quarter 2000 results. Key highlights include:
- The company added 125,340 new customers, reaching 1.3 million total customers.
- Net income was R$11.2 million, down from R$13.6 million in the first quarter of 1999. Revenue increased 52.6% to R$214.4 million.
- Expenses increased 154% to R$85.4 million due to higher selling, administrative and financing costs from increased operations and debt levels.
- The company estimates its market share was 69% and continued investing in network digitization during the quarter.
Press Release 4 Q99 Tele Nordeste Celular EnTIM RI
Tele Nordeste Celular Participações S.A. announced its fourth quarter and year-end 1999 results. Key highlights include:
1) Net customer additions of 574,000 in 1999, bringing the total customer base to 1.18 million.
2) Quarterly revenue increased 72.5% year-over-year to R$212.4 million due to an increase in customers and handset sales.
3) For the full year, revenue increased 44% to R$674.9 million while gross profit increased 1.4% to R$284.5 million.
4) The company realized a net loss in the fourth quarter but net income of R$9
Press Release 1 Q01 Tele Nordeste Celular EnTIM RI
Tele Nordeste Celular Participações S.A. announced its first quarter 2001 results. It had a market share of 65.5% and EBITDA margin of 39.2%. Key highlights included the addition of 134,498 new clients, total clients reaching 1,556,619, and a reduction in bad debt expenses of 47.1% compared to the previous quarter. Consolidated net income was R$10.1 million, lower than the previous quarter due to lower revenue from reduced traffic volumes and handset sales.
Press Release 1 Q02 Tele Nordeste Celular EnTIM RI
This document contains contact information for four people at Tele Nordeste Celular Participações S.A. and summarizes the company's results for the first quarter of 2002. It discusses operational highlights such as subscriber numbers, market share, and new services. Financially, it reports the company had net income of R$23.2 million for the quarter with an EBITDA margin of 44.1% and consolidated operating revenue of R$214.3 million.
Tele Nordeste Celular Participações S.A. announced its second quarter 1999 results, reporting net income of R$2.9 million and revenue of R$150.4 million. While revenue increased 40% year-over-year due to subscriber growth, net income and margins declined due to increased operating expenses, higher depreciation rates, and handset subsidies. For the first half of 1999, the company reported revenue of R$290.9 million, EBITDA of R$100.9 million, and net income of R$16.5 million. Tele Nordeste continued expanding and upgrading its network in northeastern Brazil, and remained focused on subscriber growth through aggressive marketing despite rising competition.
This document summarizes the financial results of Tele Celular Sul Participações S.A. for the fourth quarter and full year of 2001. Some key highlights include:
- Revenue for 4Q01 was R$227 million, a 28% increase over 4Q00. Revenue for 2001 was R$791 million, a 10% increase over 2000.
- EBITDA for 4Q01 was R$79 million and R$321 million for 2001, increases of 17% and 47% respectively.
- Net income for 4Q01 was R$17 million and R$60 million for 2001, increases of 104% and 287% respectively.
- The company saw growth in revenue
Press Release 3 Q99 Tele Nordeste Celular EnTIM RI
Tele Nordeste reported a net loss of R$4 million for Q3 1999, compared to a net income of R$19.7 million in Q3 1998, mainly due to increased financing expenses from foreign currency debt. Net operating revenues increased 47.2% to R$171.6 million in Q3 1999 due to growth in customers and handset sales. The number of customers reached 952,057 at the end of Q3 1999, with year-to-date growth of 55%. However, gross profit declined 23.6% to R$55.9 million in Q3 1999 due to increased handset subsidies and depreciation charges.
This document summarizes the financial results of Tele Celular Sul Participações S.A. for the second quarter of 2001. Some key points:
1) The company achieved an EBITDA margin of 48% of service revenues due to strict cost management and revenue growth compared to the previous year.
2) Net service revenue for the quarter was R$180.1 million, an increase over the R$173.7 million for the same quarter the previous year. Bad debt expenses decreased significantly from 14.7% to 2.2% of net service revenues.
3) Operating costs and expenses decreased 13% compared to the previous quarter due to reductions in handset selling costs and bad debt expenses
The Walt Disney Company reported financial results for its first fiscal quarter ended December 29, 2007. Diluted earnings per share were $0.63 compared to $0.79 in the prior year quarter. Revenue increased 9% to $10.5 billion driven by growth across all business segments. Media Networks revenue grew 10% and segment operating income increased 28% due to increases at cable networks and broadcasting. Parks and Resorts revenue increased 11% and segment operating income grew 25% due to increases at domestic and international parks. The Company repurchased $1 billion of its shares in the quarter and had $292 million remaining under its repurchase authorization.
Press Release 1 Q04 Tele Nordeste Celular EnTIM RI
Tele Nordeste Celular Participações S.A. announced its results for the first quarter of 2004. Key highlights include:
1) Gross additions of 177,368 lines, a 45.7% increase year-over-year.
2) Net additions of 90,298 lines, a 75.8% increase year-over-year, bringing total lines to 2.3 million.
3) Consolidated net revenue increased 4.8% to R$250.8 million. EBITDA increased 6.2% to R$107.9 million.
4) Net income increased 42.4% to R$47 million.
- Tele Celular Sul Participações S.A. is a holding company for cellular telecom providers in southern Brazil that announced its 4th quarter and full year 2000 results.
- In 2000, it reached 1.416 million subscribers, a 37% increase, with a 75% market share. EBITDA was R$218.7 million for the year, a 28% increase over 1999.
- For 4Q2000 specifically, subscribers grew to 1.416 million, EBITDA was R$67.3 million with a margin of 38%, and net income was R$8.2 million.
Tele Celular Sul Participações S.A. announced its consolidated results for the second quarter of 2002. Key highlights include:
- Total net revenue of R$205 million, a 2% increase over the prior year quarter.
- EBITDA of R$84 million, representing a 48% EBITDA margin over net service revenue.
- Net income of R$12.8 million, representing earnings of R$0.04 per share.
- Total subscribers reached 1.635 million, with a market share of 64%.
Centennial Communications reported a fiscal first-quarter net income of $0.17 per share, up from $0.07 per share in the prior year, with adjusted operating income rising 6% to $107.2 million. Revenue declined 2% to $258.9 million. The company had over 1 million wireless subscribers and announced its pending acquisition by AT&T, expected to close in the fourth quarter of 2009.
Viacom reported its third quarter 2001 results, with pro forma revenues of $5.7 billion and pro forma EBITDA of $1.3 billion. Four of its six operating segments saw revenue increases, led by 19% growth in cable networks and video. Pro forma free cash flow totaled $883 million, equal to 66% of EBITDA. While results were impacted by lower revenues and higher costs from 9/11 events, the company remains on track for a record year with free cash flow approaching $3 billion. Segment results were mixed, with cable networks, video and publishing seeing revenue and EBITDA gains, while television, infinity and entertainment declined from prior year.
Clear Channel Communications reported strong financial results for the second quarter of 2001. Net revenues increased 126% to $2.2 billion and EBITDA grew 63% to $611 million. After-tax cash flow rose 73% to $470 million. All business segments - Radio, Outdoor, and Entertainment - outperformed their respective industries and gained market share. The company provided guidance for Q3 of $2.17 billion in net revenue and $580 million in EBITDA.
News Corporation reported a 31% increase in operating income to $719 million for the quarter ended September 30, 2003 compared to $548 million for the same quarter the previous year. Revenue increased 22% to $4.6 billion. Net profit increased $260 million to $422 million. The increases were driven by strong performance in filmed entertainment, cable network programming, newspapers and magazines. The company also added nearly 300,000 subscribers for its new SKY Italia direct broadcast satellite television segment.
Expeditors International of Washington, 3rd99qerfinance39
Expeditors International of Washington reported a 25% increase in net earnings for Q3 1999 compared to Q3 1998. Total revenues increased 40% and operating income increased 27% for the quarter. For the first nine months of 1999, net earnings rose 22% while revenues increased 35% and operating income rose 24% compared to the same period in 1998. The company attributed its strong financial results to the dedication of its employees during a challenging period marked by natural disasters.
TI FY 2009 - 2009 Results and the 2010-2012 Strategic Plan UpdateGruppo TIM
Telecom Italia Group reported 2009 results and updated its 2010-2012 strategic plan, focusing on its domestic market. Key highlights include:
1) The company met or exceeded its 2009 targets, including generating over €6 billion in operating free cash flow and reducing net debt.
2) The strategic plan update emphasizes the domestic Italian and Brazilian markets, aiming to increase efficiency and maintain financial discipline.
3) Global economic growth is expected to be modest over the plan period, while the telecom market in Brazil is forecast to grow substantially faster than in Italy.
- Sonae Sierra Brasil, a leading Brazilian shopping mall developer and manager, reported financial results for 2Q11.
- Net revenue increased 17.2% to R$53.2 million in 2Q11 compared to 2Q10, while adjusted EBITDA grew 17.6% to R$40.7 million.
- Same-store rent and sales increased by double digits of 12.7% and 9.8%, respectively, in 2Q11 compared to the previous year.
Sonae Sierra Brasil, a leading Brazilian shopping mall developer and manager, announced financial results for 3Q11. Net revenue increased 21.2% to R$54.8 million compared to 3Q10. Adjusted EBITDA increased 22.9% to R$41.1 million and the adjusted EBITDA margin reached 75.1%. Same-store rent grew 13.0% and same-store sales increased 7.3%. Total net income attributable to shareholders was R$58.5 million, up 114.1% from 3Q10. The company also began construction of a new shopping mall in Goiânia and recently opened an expansion of an existing mall.
Sonae Sierra Brasil, a leading Brazilian shopping mall developer and manager, announced its financial results for the first quarter of 2011. Net revenue increased 17.6% compared to the first quarter of 2010, reaching R$49.7 million. Adjusted EBITDA was R$38.0 million, an 18.3% increase over the first quarter of 2010. The company successfully completed its IPO in the first quarter, raising R$465.0 million. Same-store rent and sales increased by double digits compared to the first quarter of 2010.
Embraer reported strong financial results for the second quarter and first half of 2000. Net income increased 113.1% for the first half compared to 1999, reaching R$210.4 million. Net sales increased 62.3% for the first half, totaling R$2,219.9 million. Embraer delivered 72 aircraft in the first half, a significant increase from 38 in the same period of 1999. The company also reduced its net debt and continued investing in research and development programs as well as industrial capabilities.
Embraer released its third quarter 2011 results. Revenue reached $1.36 billion and gross margin was 21.2%. EBIT was $124.2 million and the EBIT margin was 9.1%, above guidance. The order backlog increased to $16 billion due to sales in executive aviation. Net income was $1.9 million primarily due to deferred taxes from currency appreciation. Guidance for 2011 revenue was revised to $5.6-5.8 billion and EBIT and EBITDA guidance remained unchanged at $465 million and $700 million, respectively.
Expeditors International of Washington, 2nd99qerfinance39
Expeditors International announced a 19% increase in quarterly net earnings to $13.2 million, up from $11.1 million in the same quarter the previous year. Total revenues grew 37% to $331.98 million for the quarter. For the first six months of the year, net earnings rose 19% to $22.75 million while total revenues increased 32% to $615.69 million, reflecting strong growth. The company's CEO commented that the results were due to hard work amid challenges of focusing on consistent customer service and real profits rather than revenue growth at the expense of losses.
The monthly report for November 2010 from the Dania Beach Fire-Rescue Department showed a 10% increase in call volume over November 2009. Training hours increased substantially to over 1800 hours due to ISO compliance mandates and additional staff from a SAFER grant. The fire prevention division reviewed over 500,000 square feet of property and submitted $22,160 in fees. Transport numbers and collections continued an upward trend compared to previous years.
The document discusses MacRuby, an implementation of the Ruby language that can be used to build applications for macOS. It mentions using MacRuby with Cocoa and provides some example applications and links. It also briefly discusses distributing applications, demos, raffles, and concludes that MacRuby is a powerful tool for building macOS applications.
The document discusses Ruby and Cocoa development on OSX. It provides an overview of Cocoa and its core components like Core Foundation, AppKit, and Core Audio/Video. It also discusses how to use Ruby with Cocoa via Objective-C bindings and the Cocoa frameworks. It provides code examples for interacting with Cocoa objects from Ruby and controlling applications like iTunes and Terminal via Scripting Bridge. It also covers using Grand Central Dispatch for asynchronous and parallel programming in Ruby.
Press Release 3 Q99 Tele Nordeste Celular EnTIM RI
Tele Nordeste reported a net loss of R$4 million for Q3 1999, compared to a net income of R$19.7 million in Q3 1998, mainly due to increased financing expenses from foreign currency debt. Net operating revenues increased 47.2% to R$171.6 million in Q3 1999 due to growth in customers and handset sales. The number of customers reached 952,057 at the end of Q3 1999, with year-to-date growth of 55%. However, gross profit declined 23.6% to R$55.9 million in Q3 1999 due to increased handset subsidies and depreciation charges.
This document summarizes the financial results of Tele Celular Sul Participações S.A. for the second quarter of 2001. Some key points:
1) The company achieved an EBITDA margin of 48% of service revenues due to strict cost management and revenue growth compared to the previous year.
2) Net service revenue for the quarter was R$180.1 million, an increase over the R$173.7 million for the same quarter the previous year. Bad debt expenses decreased significantly from 14.7% to 2.2% of net service revenues.
3) Operating costs and expenses decreased 13% compared to the previous quarter due to reductions in handset selling costs and bad debt expenses
The Walt Disney Company reported financial results for its first fiscal quarter ended December 29, 2007. Diluted earnings per share were $0.63 compared to $0.79 in the prior year quarter. Revenue increased 9% to $10.5 billion driven by growth across all business segments. Media Networks revenue grew 10% and segment operating income increased 28% due to increases at cable networks and broadcasting. Parks and Resorts revenue increased 11% and segment operating income grew 25% due to increases at domestic and international parks. The Company repurchased $1 billion of its shares in the quarter and had $292 million remaining under its repurchase authorization.
Press Release 1 Q04 Tele Nordeste Celular EnTIM RI
Tele Nordeste Celular Participações S.A. announced its results for the first quarter of 2004. Key highlights include:
1) Gross additions of 177,368 lines, a 45.7% increase year-over-year.
2) Net additions of 90,298 lines, a 75.8% increase year-over-year, bringing total lines to 2.3 million.
3) Consolidated net revenue increased 4.8% to R$250.8 million. EBITDA increased 6.2% to R$107.9 million.
4) Net income increased 42.4% to R$47 million.
- Tele Celular Sul Participações S.A. is a holding company for cellular telecom providers in southern Brazil that announced its 4th quarter and full year 2000 results.
- In 2000, it reached 1.416 million subscribers, a 37% increase, with a 75% market share. EBITDA was R$218.7 million for the year, a 28% increase over 1999.
- For 4Q2000 specifically, subscribers grew to 1.416 million, EBITDA was R$67.3 million with a margin of 38%, and net income was R$8.2 million.
Tele Celular Sul Participações S.A. announced its consolidated results for the second quarter of 2002. Key highlights include:
- Total net revenue of R$205 million, a 2% increase over the prior year quarter.
- EBITDA of R$84 million, representing a 48% EBITDA margin over net service revenue.
- Net income of R$12.8 million, representing earnings of R$0.04 per share.
- Total subscribers reached 1.635 million, with a market share of 64%.
Centennial Communications reported a fiscal first-quarter net income of $0.17 per share, up from $0.07 per share in the prior year, with adjusted operating income rising 6% to $107.2 million. Revenue declined 2% to $258.9 million. The company had over 1 million wireless subscribers and announced its pending acquisition by AT&T, expected to close in the fourth quarter of 2009.
Viacom reported its third quarter 2001 results, with pro forma revenues of $5.7 billion and pro forma EBITDA of $1.3 billion. Four of its six operating segments saw revenue increases, led by 19% growth in cable networks and video. Pro forma free cash flow totaled $883 million, equal to 66% of EBITDA. While results were impacted by lower revenues and higher costs from 9/11 events, the company remains on track for a record year with free cash flow approaching $3 billion. Segment results were mixed, with cable networks, video and publishing seeing revenue and EBITDA gains, while television, infinity and entertainment declined from prior year.
Clear Channel Communications reported strong financial results for the second quarter of 2001. Net revenues increased 126% to $2.2 billion and EBITDA grew 63% to $611 million. After-tax cash flow rose 73% to $470 million. All business segments - Radio, Outdoor, and Entertainment - outperformed their respective industries and gained market share. The company provided guidance for Q3 of $2.17 billion in net revenue and $580 million in EBITDA.
News Corporation reported a 31% increase in operating income to $719 million for the quarter ended September 30, 2003 compared to $548 million for the same quarter the previous year. Revenue increased 22% to $4.6 billion. Net profit increased $260 million to $422 million. The increases were driven by strong performance in filmed entertainment, cable network programming, newspapers and magazines. The company also added nearly 300,000 subscribers for its new SKY Italia direct broadcast satellite television segment.
Expeditors International of Washington, 3rd99qerfinance39
Expeditors International of Washington reported a 25% increase in net earnings for Q3 1999 compared to Q3 1998. Total revenues increased 40% and operating income increased 27% for the quarter. For the first nine months of 1999, net earnings rose 22% while revenues increased 35% and operating income rose 24% compared to the same period in 1998. The company attributed its strong financial results to the dedication of its employees during a challenging period marked by natural disasters.
TI FY 2009 - 2009 Results and the 2010-2012 Strategic Plan UpdateGruppo TIM
Telecom Italia Group reported 2009 results and updated its 2010-2012 strategic plan, focusing on its domestic market. Key highlights include:
1) The company met or exceeded its 2009 targets, including generating over €6 billion in operating free cash flow and reducing net debt.
2) The strategic plan update emphasizes the domestic Italian and Brazilian markets, aiming to increase efficiency and maintain financial discipline.
3) Global economic growth is expected to be modest over the plan period, while the telecom market in Brazil is forecast to grow substantially faster than in Italy.
- Sonae Sierra Brasil, a leading Brazilian shopping mall developer and manager, reported financial results for 2Q11.
- Net revenue increased 17.2% to R$53.2 million in 2Q11 compared to 2Q10, while adjusted EBITDA grew 17.6% to R$40.7 million.
- Same-store rent and sales increased by double digits of 12.7% and 9.8%, respectively, in 2Q11 compared to the previous year.
Sonae Sierra Brasil, a leading Brazilian shopping mall developer and manager, announced financial results for 3Q11. Net revenue increased 21.2% to R$54.8 million compared to 3Q10. Adjusted EBITDA increased 22.9% to R$41.1 million and the adjusted EBITDA margin reached 75.1%. Same-store rent grew 13.0% and same-store sales increased 7.3%. Total net income attributable to shareholders was R$58.5 million, up 114.1% from 3Q10. The company also began construction of a new shopping mall in Goiânia and recently opened an expansion of an existing mall.
Sonae Sierra Brasil, a leading Brazilian shopping mall developer and manager, announced its financial results for the first quarter of 2011. Net revenue increased 17.6% compared to the first quarter of 2010, reaching R$49.7 million. Adjusted EBITDA was R$38.0 million, an 18.3% increase over the first quarter of 2010. The company successfully completed its IPO in the first quarter, raising R$465.0 million. Same-store rent and sales increased by double digits compared to the first quarter of 2010.
Embraer reported strong financial results for the second quarter and first half of 2000. Net income increased 113.1% for the first half compared to 1999, reaching R$210.4 million. Net sales increased 62.3% for the first half, totaling R$2,219.9 million. Embraer delivered 72 aircraft in the first half, a significant increase from 38 in the same period of 1999. The company also reduced its net debt and continued investing in research and development programs as well as industrial capabilities.
Embraer released its third quarter 2011 results. Revenue reached $1.36 billion and gross margin was 21.2%. EBIT was $124.2 million and the EBIT margin was 9.1%, above guidance. The order backlog increased to $16 billion due to sales in executive aviation. Net income was $1.9 million primarily due to deferred taxes from currency appreciation. Guidance for 2011 revenue was revised to $5.6-5.8 billion and EBIT and EBITDA guidance remained unchanged at $465 million and $700 million, respectively.
Expeditors International of Washington, 2nd99qerfinance39
Expeditors International announced a 19% increase in quarterly net earnings to $13.2 million, up from $11.1 million in the same quarter the previous year. Total revenues grew 37% to $331.98 million for the quarter. For the first six months of the year, net earnings rose 19% to $22.75 million while total revenues increased 32% to $615.69 million, reflecting strong growth. The company's CEO commented that the results were due to hard work amid challenges of focusing on consistent customer service and real profits rather than revenue growth at the expense of losses.
The monthly report for November 2010 from the Dania Beach Fire-Rescue Department showed a 10% increase in call volume over November 2009. Training hours increased substantially to over 1800 hours due to ISO compliance mandates and additional staff from a SAFER grant. The fire prevention division reviewed over 500,000 square feet of property and submitted $22,160 in fees. Transport numbers and collections continued an upward trend compared to previous years.
The document discusses MacRuby, an implementation of the Ruby language that can be used to build applications for macOS. It mentions using MacRuby with Cocoa and provides some example applications and links. It also briefly discusses distributing applications, demos, raffles, and concludes that MacRuby is a powerful tool for building macOS applications.
The document discusses Ruby and Cocoa development on OSX. It provides an overview of Cocoa and its core components like Core Foundation, AppKit, and Core Audio/Video. It also discusses how to use Ruby with Cocoa via Objective-C bindings and the Cocoa frameworks. It provides code examples for interacting with Cocoa objects from Ruby and controlling applications like iTunes and Terminal via Scripting Bridge. It also covers using Grand Central Dispatch for asynchronous and parallel programming in Ruby.
Dokumen tersebut membahas mengenai perkembangan sektor perindustrian di Malaysia. Ia menjelaskan empat tahap perkembangan industri sejak era 1960-an hingga kini dengan fokus pada industri primer, sekunder, dan berteknologi tinggi serta faktor-faktor yang mempengaruhinya seperti dasar pemerintah dan modal. Dokumen tersebut juga menyoroti peranan pemerintah dalam menumbuhkembangkan sektor industri perkilangan di
Global economic integration refers to the breakdown of economic borders between countries as the world becomes more interconnected through fast, easy, and close connections. It is also known as a "borderless world" and involves the liberalization and deregulation of economies to allow free movement of capital investment across markets without barriers. Positive effects on Asia-Pacific countries include increasing capital capabilities within countries, encouraging technology and expertise transfers, and expanding markets. However, negative consequences can include economic volatility, speculation attacks, increased economic pressures on poor populations, and new forms of economic domination. Countries also rely on mutual interdependence through resource sharing, technology and innovation transfers, expanded trade between partners, shared capital, and workforce mobility.
1) Argentina meningkatkan ketegangan dengan Inggris mengenai klaim kedaulatan atas Kepulauan Malvinas dengan memerintahkan kapal-kapal yang menuju kepulauan itu untuk mendapat izin terlebih dulu dari pemerintah Argentina;
2) Front Pembebasan Islam Moro menolak usulan perdamaian terbaru dari pemerintah Filipina karena dianggap sebagai pengulangan kembali tawaran terdahulu;
3) Rusia menang
This document provides guidance on writing a persuasive essay. It explains that a persuasive essay attempts to convince the reader of a particular viewpoint using logical reasons and evidence. It stresses the importance of having a clear thesis statement and supporting it with facts, examples, and quotes from experts. It then lists several key steps to take when planning a persuasive essay, such as choosing a position, researching the topic thoroughly, outlining the structure, and supporting the thesis with evidence while also addressing alternative viewpoints. Finally, it discusses different types of evidence that can be used such as facts, statistics, quotes, and examples.
This document provides an update on TIM Participações S.A.'s relaunch plan following issues in 2008. It summarizes that TIM reversed declining trends by launching new commercial approaches, including segmented service plans, a "chip only" business model, and exclusive handsets. This helped grow TIM's subscriber base and market share while self-financing relaunch costs through improved efficiency. Key achievements included improved brand awareness, customer satisfaction recovery, and confirming its position as the number 2 mobile operator in Brazil by quality metrics.
Constructing A Working Financial Plan For Your Companyjreedcpa
This document provides an overview of constructing a working financial plan and budget for a company using an Excel sample budget file. It discusses using a budget to evaluate overhead, plan for cash flow and profitability, and support bonding programs. Key factors that determine profitability are gross profit from job backlog, timing of work completion, and overhead. The document then provides instructions and examples for how to use and modify the sample budget file.
The document is a presentation by TIM Brasil that provides an overview of the company's recent results for the first quarter of 2014. Some key points:
- Revenue grew 7.6% year-over-year to R$4.6 billion driven by a 3.8% increase in customer base to 73.9 million and growth in mobile data users.
- EBITDA margin expanded to 28% from 26% in 1Q13 due to revenue growth and cost control efforts.
- Network quality improvements reduced customer complaints, with TIM achieving 53% of its quality plan target for the year.
This water supply report was prepared for the City of Dania Beach, Florida. It provides an overview of the city's water supply infrastructure, including wells, water treatment plants, and connections to surrounding municipalities. A map shows the locations of the city's water mains, wells, treatment plant, and interconnections within its potable water service area. The report aims to inform the city of its current water supply system.
Do&Go is expanding its services through a new partnership with MarketPower. This will double the number of calendars Do&Go events are listed on, expand cooperative advertising opportunities to new publications like the Washington City Paper and Bethesda Gazette, and offer more professional development resources for members. The partnership will provide more visibility for members' events while keeping cooperative ad rates discounted over 50%. Members can choose one of three tiers of involvement from $65 to $300 per year to receive benefits like calendar listings, ads, and workshops to help grow their business.
The document discusses the benefits of exercise for mental health. Regular physical activity can help reduce anxiety and depression and improve mood and cognitive functioning. Exercise causes chemical changes in the brain that may help protect against mental illness and improve symptoms.
The document discusses the state of arts and humanities in Montgomery County, Maryland. It notes that the arts and culture enhance quality of life, drive the local economy, and convene communities. Montgomery County has many performing arts venues, galleries, theaters, and arts organizations that contribute to making the county one of the top places to live and a smart business location. The arts and humanities sector has grown the county's employment by 5.9% and brings in tourists. The Arts and Humanities Council of Montgomery County funds local arts and provides grants, and will be developing a new strategic plan to further support the sector.
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This document is an amended development agreement between Dania Entertainment Center (DEC) and the City of Dania Beach regarding DEC's plans to renovate and expand the existing Dania Jai Alai facility. Key points include:
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Press Release 2 Q99 Tele Nordeste Celular EnTIM RI
Tele Nordeste Celular Participações S.A. announced its second quarter 1999 results, reporting net income of R$2.9 million and revenue of R$150.4 million. While revenue increased 40% year-over-year due to subscriber growth, net income and margins declined due to increased operating expenses, higher depreciation rates, and handset subsidies. For the first half of 1999, the company reported revenue of R$290.9 million, EBITDA of R$100.9 million, and net income of R$16.5 million. Tele Nordeste continued expanding and upgrading its network in northeastern Brazil, and remained focused on subscriber growth through aggressive marketing despite rising competition.
Press Release 2 Q02 Tele Nordeste Celular EnTIM RI
This document contains contact information for Tele Nordeste Celular Participações S.A. and summarizes the company's results for the second quarter of 2002. It discusses the company maintaining its 64% market share in its region. Operational highlights include growth in corporate clients and tight cost controls. Financial highlights show an increase in net operating revenue, gross profit, and net income compared to previous periods.
Tele Nordeste Celular Participações S.A. announced its fourth quarter and year-end 1999 results. Key highlights include:
- Net customer additions of 574,000 in 1999, bringing the total customer base to 1.18 million.
- Average revenue per user (ARPU) was R$51.41 per month for Q4 1999 and R$56.62 for all of 1999.
- Net operating revenue for 1999 totaled R$674.9 million, up 44% from 1998, driven by increased customers and handset sales.
- EBITDA was R$175.8 million for 1999, with a margin of 26.1% negatively impacted by
Tele Nordeste reported a net loss of R$4 million for Q3 1999, compared to a net income of R$19.7 million in Q3 1998, mainly due to increased financing expenses from foreign currency debt. Net operating revenues increased 47.2% to R$171.6 million in Q3 1999 due to growth in customers and handset sales. The number of customers reached 952,057 at the end of Q3 1999, with year-to-date growth of 55%. However, gross profit declined 23.6% to R$55.9 million in Q3 1999 due to increased handset subsidies and depreciation charges.
Press Release 3 Q02 Tele Nordeste Celular EnTIM RI
This document provides contact information for Tele Nordeste Celular Participações S.A. and summarizes the company's third quarter 2002 results. It notes that the company had a 62% market share in its region and EBITDA of R$104.8 million for the quarter. Key highlights included 159,259 new subscribers, revenues of R$237.5 million, and a blended ARPU of R$40 per month. The company continued investing in its network and optimizing coverage in its operating regions.
Press Release 1 Q99 Tele Nordeste Celular EnTIM RI
Tele Nordeste Celular Participações S.A. announced its first quarter 1999 results. Net income was R$13.6 million, down from R$26.2 million in the first quarter of 1998. Net operating revenues increased 14.4% to R$140.5 million due to subscriber growth of 47.9%, though average revenue per user decreased. Expenses increased due to marketing activities and staffing increases, while depreciation rate changes reduced net income by R$9.1 million. The number of subscribers grew to 689,739 with a regional penetration rate of 2.68%.
Tele Nordeste Celular Participações S.A. announced its first quarter 1999 results. Net income was R$13.6 million, down from R$26.2 million in the first quarter of 1998. Revenue increased 14.4% to R$140.5 million due to subscriber growth of 47.9%, though average revenue per user declined. Expenses rose due to marketing activities and staffing increases. The company also changed depreciation rates, increasing expenses but positively impacting cash flow. Subscribers grew to 689,739 while network digitalization reached 30% and a pre-paid plan was launched.
CIT Group Inc. reported quarterly and annual financial results. For the quarter, net earnings were $134.7 million and net operating earnings were $157.1 million. Credit quality metrics like delinquencies and charge-offs were slightly higher than the previous quarter. The commercial paper program was re-launched at $4.7 billion outstanding and new bank credit facilities were completed, improving the company's funding and liquidity position. Origination volumes increased compared to the previous quarter across most business units.
The document provides financial information for Tele Celular Sul Participações S.A. for the second quarter of 2000:
- Key highlights include the launch of new SMS and banking services, investments to improve coverage and digitalization, and maintaining a market share of 83%.
- Operating revenue was R$221 million, down from the previous quarter due to seasonal factors. EBITDA was R$45.5 million with a 26% margin.
- There was a net loss of R$0.8 million due to higher doubtful accounts, but a net profit of R$11.1 million for the first half of the year.
- Total subscribers reached 1.2 million, up from 1
This document is Omnicom's annual report for the year 2000. It summarizes Omnicom's financial and operating highlights for 2000, with revenue reaching $6.2 billion, a 20% increase from 1999. It also discusses the performance of Omnicom's major advertising and marketing agency brands such as BBDO Worldwide, DDB Worldwide, and TBWA Worldwide. The report provides an overview of the company's financial results and growth in revenue, income, and earnings per share for 2000.
Tele Celular Sul Participações S.A. announced its consolidated results for the first quarter of 2002. Key highlights include:
- EBITDA of R$93.7 million, representing an EBITDA margin of 45% over net services revenue.
- Net income of R$17.2 million, an 18% increase over the first quarter of 2001.
- 1,614,000 total subscribers as of quarter end, with a 64% market share in the concession area.
- ARPU of R$39 and churn of 5% for the quarter. SAC decreased 50% year-over-year to R$100.
- Controlled costs led to increased profit
Morgan Stanley Dean Witter reported record quarterly operating results of $1.04 billion for Q1 1999, up 50% from the previous year. Earnings per share were $1.76, up 60% from the prior year. Net revenues increased 33% to $5.4 billion. Securities net income surged 55% to $755 million driven by strong investment banking and trading. Asset management net income rose 40% to $147 million on higher asset balances. Credit services also reported higher earnings.
Chiquita Brands International announced a proposed restructuring of $862 million in publicly-held debt discussed in the annual report. If successful, the restructuring would convert a significant portion of the debt into common equity, diluting existing shareholders. The restructuring process is still in the early stages and will continue past the customary May date for the annual shareholder meeting, which has been rescheduled for September 12, 2001. Shareholders will receive proxy materials in advance of the September meeting. The company's website and SEC filings provide information on the restructuring, operations, and other developments.
Press Release 4 Q01 Tele Nordeste Celular EnTIM RI
This document provides contact information for Tele Nordeste Celular Participações S.A. and announces their fourth quarter 2001 results. It includes key highlights such as a 16.3% growth in client base to 1.76 million, 65% market share, and a 26% increase in EBITDA to R$337.7 million for the year. Financial results for Q4 2001 include net income of R$28.8 million and EBITDA of R$92.6 million with an EBITDA margin of 41.8%. Operational highlights cover additions, client breakdown, and new product launches.
Computer Sciences Corporation (CSC) reported financial results for the third quarter of fiscal year 2001, ended December 29, 2000. Revenues increased 12.9% to $2.7 billion due to growth in the federal government vertical market and commercial outsourcing. Earnings before special items increased 9.6% to $122.9 million. Major new business awards totaled $1.8 billion for the quarter. For the nine-month period, revenues increased 12.2% to $7.6 billion and earnings before special items increased 13.1% to $327.9 million, though results were impacted by currency effects and restructuring costs. CSC also discussed several new contracts and engagements.
Clear Channel Communications reported financial results for the second quarter of 2005, with total revenue decreasing 1% to $2.46 billion compared to the same period in 2004. Net income was $220.7 million, down from $253.8 million the previous year. Radio broadcasting revenue declined 7% due to reducing commercial minutes, though average rates increased. Outdoor advertising revenue rose 7% domestically and 4% internationally. Live entertainment revenue was flat as fewer domestic music events offset increases in other areas. The company also announced plans to restructure its France operations and increase its existing share repurchase program to $1 billion.
1) Tele Celular Sul Participações S.A. announces its results for the fourth quarter and full year 1999, with a solid increase in its customer base to over 1 million, a 70% growth.
2) For 1999, the company achieved a 33% increase in gross operating revenue to R$857.6 million and net revenue of R$680.4 million, maintaining its leading 86% market share in southern Brazil.
3) Costs increased due to network growth and depreciation changes, while marketing expenses rose to support the transition to a more competitive environment and encourage customers to migrate to digital service.
This document provides an annual investors' report for Burlington Northern Santa Fe Corporation for 2001. It includes key financial information such as earnings results for Q4 and full year 2001, operating revenues and expenses, balance sheet information, and cash flow information. Specifically, it notes that Q4 2001 earnings were $0.46 per share including workforce reduction costs, or $0.57 per share excluding those costs. For the full year, earnings were $1.87 per share including unusual items, or $2.08 per share excluding unusual items. It also highlights free cash flow of $443 million for the full year, up 3% from 2000.
- Brasil Ecodiesel presented its 2Q09 results, with net revenue of R$52.2 million and adjusted EBITDA of R$1.9 million negative. Volume sales were 19,300 m3 of biodiesel in the quarter.
- The company concluded its first capital increase of R$104 million and announced a second capital increase of R$118-408 million to reduce debt levels.
- Operational performance improved versus 1Q09, with higher sales volumes and revenues, though gross margins remained below prior periods. The company aims to further reduce debt and interest costs going forward.
Motorola reported its third-quarter 2001 results, which included a reduction in its pro forma operating loss compared to the previous quarter. While sales and earnings were down year-over-year, Motorola's wireless handset business returned to profitability. Motorola also reduced its net debt by $2.4 billion in the quarter. However, Motorola incurred large charges related to investment impairments, cost reductions, and additional reserves for a defaulted loan to Telsim, resulting in a reported net loss of $1.4 billion for the quarter. Motorola planned to continue cost controls and balance sheet strengthening during an uncertain economic period.
Similar to Press Release 2 Q00 Tele Nordeste Celular En (20)
TIM Part - Apresentação Institucional - 2T20TIM RI
O documento fornece uma visão geral do mercado brasileiro de telecomunicações. Apresenta dados sobre a economia brasileira, classes sociais, desemprego, endividamento e confiança do consumidor, destacando os impactos da crise e da pandemia. Também compara o mercado brasileiro com outros países, mostrando que o Brasil possui a 5a maior base de clientes móveis do mundo, mas com oportunidade de melhorar o ARPU.
This document provides an overview of TIM Brasil, including its business segments, strategy, and financial highlights. It discusses TIM's position as a challenger operator in Brazil with national presence and the best 4G coverage. It also outlines TIM's fiber infrastructure and initiatives in connectivity solutions, IoT, and residential broadband. The document reviews TIM's 2019 financial results and highlights growth in revenue, EBITDA, margins, and TIM Live. It also discusses TIM's focus on ESG and digital inclusion programs.
The document is a presentation by TIM Brasil for investors that covers several topics:
- An overview of TIM Brasil including its history, financial results, and corporate governance practices.
- Analysis of the Brazilian mobile market trends showing a shift to mobile data and postpaid subscribers as well as network upgrades.
- TIM Brasil's positioning in the market with a focus on mobile, particularly growing its postpaid base, and its network and service investments.
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This document is a presentation by TIM Brasil to investors in June 2020. It summarizes the impacts of COVID-19 on Brazil, including major economic impacts like a decline in GDP forecasts and a drop in retail sales. It also discusses government measures taken in response like assistance payments and tax relief. The presentation then discusses TIM's quick response to the pandemic to care for employees, customers, and society. It provides an overview of the mixed impacts on TIM's business so far and its strategic pillars for the future, including investing in infrastructure, pursuing disruptive efficiency, growing its mobile and ultra-broadband businesses, and developing new revenue sources.
This document provides an institutional presentation by TIM Brasil for the 1st quarter of 2020. It includes the following sections:
- About TIM - Provides an overview of TIM Brasil as an operator with national presence and best 4G coverage, as well as its fiber network, residential broadband, IoT, and financial highlights for 2019.
- Market Overview - Discusses the Brazilian market context, including the economic environment, consumer demographics, and trends showing increased data usage and prominence of internet/mobile services.
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O documento apresenta uma visão geral do mercado brasileiro de telecomunicações no 1T20. A economia brasileira enfrenta desafios como a lenta recuperação e o impacto da pandemia, mas o setor ainda é relevante globalmente e oferece oportunidades de crescimento de receita média por usuário. A apresentação também discute a dinâmica do consumidor brasileiro e suas classes sociais.
The document provides an overview of TIM Brasil's business as of April 2020. It discusses TIM's market positioning in Brazil as the country transitions to increased mobile internet and data usage. TIM has transformed its customer base from primarily prepaid to incorporating more postpaid subscribers. The presentation also outlines TIM's portfolio of mobile and home broadband products and services to address evolving customer needs.
TIM Brasil's 4Q19 institutional presentation provides an overview of the company, the Brazilian telecommunications market, TIM's strategy and financial results. Some key points:
- TIM is Brazil's second largest mobile service provider and has the best 4G network coverage nationwide. It is expanding its fiber network and residential broadband customer base.
- The Brazilian economy showed slow recovery in 2019 but structural drivers point to improving conditions. Mobile internet usage is growing while traditional fixed services decline.
- TIM's strategy focuses on leveraging infrastructure investments, expanding fiber broadband and driving digital transformation. In 4Q19 it achieved its highest ever EBITDA and margin as well as strong cash flow growth.
1) O documento apresenta os resultados financeiros da TIM Brasil no 4o trimestre de 2019.
2) Apresenta informações sobre a estrutura acionária, governança corporativa e compromisso com a sustentabilidade da empresa.
3) Fornece uma visão geral do mercado brasileiro de telecomunicações, incluindo dados sobre o cenário macroeconômico e tendências de consumo.
[1] O documento apresenta o plano estratégico da TIM Brasil para os anos de 2020 a 2022.
[2] O plano visa evoluir iniciativas já implementadas e transformar habilidades nos próximos 3 anos, focando em infraestrutura, eficiência disruptiva, móvel, banda larga fixa, novas fontes de receita e ESG.
[3] Detalha investimentos em rede móvel e fixa, transformação digital, eficiência de processos, mudança do foco de volume para valor no segmento móvel e
This document provides a summary of TIM Brasil's strategic plan for 2020-2022. The strategic plan has two pillars - evolve and transform. Under evolve, TIM aims to move from volume to value in mobile business and grow broadband with financial discipline. Under transform, TIM aims to implement new operating models, drive additional growth through adjacent markets, and focus on infrastructure, disruptive efficiency, mobile, UBB, new revenue sources, and ESG. The plan outlines initiatives across these areas around network expansion, IT transformation, efficiency improvements, and leveraging assets in new business areas like IoT and mobile advertising.
TIM Participações S.A. and its subsidiary TIM S.A. released an update to their 2020-2022 Strategic Plan and guidance. The update reaffirms commitments to (1) cost control measures to improve profitability and exceed a 40% EBITDA margin by 2022, (2) efficient capital allocation focused on network and IT infrastructure projects, and (3) continued expansion of cash generation by growing the EBITDA-CAPEX over revenues indicator above 20%. The strategic plan update is presented after TIM achieved many of its 2019-2021 plan goals despite a slower economic recovery than projected. The new plan targets mid-single digit service revenue growth and EBITDA growth annually through 2022.
O documento resume o plano estratégico 2020-2022 da TIM Participações S.A. e sua subsidiária TIM S.A. para os próximos 3 anos. O plano estratégico mantém os pilares de 2019-2021 com foco em (1) preparar a infraestrutura para o futuro com 5G e automação, (2) mudar do volume para o valor no negócio móvel, (3) capturar oportunidades de crescimento na banda larga fixa, e (4) aprimorar a eficiência para manter a liderança
This document provides an overview and summary of TIM Brasil's 3Q19 financial results. Some key highlights include:
- Service revenues grew 1.0% YoY in 3Q19, with gradual and continuous growth acceleration.
- EBITDA grew 6.8% YoY in 3Q19, with EBITDA margin expanding to 39.6% in 3Q19 from 37.9% in 3Q18.
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This document provides an overview and summary of TIM Brasil's company presentation from December 2019. The 3-sentence summary is:
TIM Brasil has transformed its customer base through migration from prepaid to postpaid plans, supporting revenue growth from prepaid declining and postpaid and other revenues increasing. The presentation outlines TIM's market positioning, recent financial results for 3Q19, and its strategic plan for 2019-2021 to further the customer base transformation and consolidate growth through investments in quality, price, and an expanded portfolio. Financial results for 3Q19 are presented on a pro forma basis excluding impacts from new IFRS accounting standard adoptions for comparability over time.
O documento apresenta os resultados financeiros da TIM Brasil no 3T19, discutindo sua posição no mercado, estratégia e desempenho operacional e financeiro. Apresenta também as perspectivas da empresa para o futuro.
TIM Brasil held an institutional presentation for the third quarter of 2019. The presentation provided an overview of TIM's business including its position in the Brazilian market, operational and financial highlights, and outlook. It noted that TIM is the #2 mobile service revenue operator in Brazil with national presence and the best 4G coverage. It also discussed the Brazilian telecommunications market trends including growing data usage and shift to postpaid plans. The presentation contained sections on TIM's strategy, operating and financial evolution, and future opportunities in areas like 5G and fiber broadband.
Tim Part's Presentation - CS 2019 TechFin & Telecom ConferenceTIM RI
1) TIM Participações discussed expanding into new markets like financial services and mobile advertising by leveraging its existing assets such as partnerships, sales channels, big data analytics, and billing capabilities.
2) TIM's prepaid digital wallet has over 33 million users transacting over R$513 million per month on telecom, content and other services. It is also expanding into microfinance and insurance.
3) TIM has a strong salesforce through its own shops and resellers, and its app has over 11 million users that help increase service acquisition and customer engagement.
This presentation provides an overview of TIM Brasil, the Brazilian telecommunications subsidiary of Telecom Italia. It summarizes TIM's solid financial and operational results in recent years, with growing revenue, EBITDA, and margins. It also outlines key trends in the Brazilian mobile market like increasing data usage and the transition to postpaid plans. Finally, it positions TIM as well-suited to capitalize on new demands through its fiber network and focus on customer experience as it executes a consolidation strategy from 2019-2021.
O documento apresenta uma visão geral do mercado brasileiro de telecomunicações e das tendências do setor. Apresenta dados sobre a população brasileira, situação econômica, mercado móvel global e hábitos dos consumidores, destacando o crescimento do uso de dados móveis e aplicativos.
1. Contacts:
Tele Nordeste Celular Participações S.A. Thomson Financial IR
Mario Roberto Gomes Isabel Vieira
55.81.216.2591 212.701.1823
Fabíola Almeida isabel.vieira@thomsonir.com
55.81.216.2594 Rick Huber
fabiola.almeida@timnordeste.com.br 212.701.1830
richard.huber@thomsonir.com
HYPERLINKHYPERLINK
TELE NORDESTE CELULAR PARTICIPAÇÕES S.A.
ANNOUNCES SECOND QUARTER 2000 RESULTS (UNAUDITED)
Recife, Brazil (August 1, 2000) – Tele Nordeste Celular Participações S.A. (NYSE: TND,
BOVESPA: TNEP3, TNEP4) (“Tele Nordeste” or “the Company”), the holding company
controlling the operating companies serving Band A cellular telecommunication clients in the
states of Piauí, Ceará, Rio Grande do Norte, Paraíba, Pernambuco and Alagoas, announced
today its results for the second quarter of 2000 in accordance with Brazilian GAAP (unaudited).
The translation to US dollars has been presented solely for the convenience of the reader. This
conversion does not imply that real amounts actually represent such US dollar amounts or may
be converted to US dollars at the rate indicated. The US dollar amounts have been converted
from reais at the commercial selling rate published by the Central Bank of Brazil at June 30,
2000, which was R$1.80 to US$1.00.
Operational Highlights
Marketing activities during the second quarter 2000 resulted in the gross addition of 165,364
clients (of which 127,953, or 77%, were prepaid). Gross additions for the first half 2000 totaled
349,454, of which 248,707 (71%) were prepaid. Subscribers’ acquisition cost (SAC) for the
second quarter 2000 was R$128, compared with R$139 for the first quarter 2000; SAC for the
first half 2000 was R$134, compared with R$157 for the year 1999. The Company had
1,362,000 clients at June 30, 2000, of which 843,000 (62%) were contract clients and 519,000
(38%) were prepaid clients. The market share at the end of the second quarter of 2000 was
estimated at 65%, compared to 69% at March 31, 2000.
The new billing system implemented in the second half of 1999 at the six operating companies
has now been normalized and collection activities have been strengthened. As a result,
management expects better performance in these activities and lower bad debt expenses in the
second half of 2000. Also, disconnection of overdue accounts has been reinforced. In the
second quarter, approximately 50,000 post-paid lines were disconnected due to non-payment.
www.timnordeste.com.br 1
2. At June 30, 2000, Tele Nordeste and its subsidiaries completed a restructuring which resulted in
the transfer of the goodwill paid in the privatization auction, from Bitel Participações S.A. to each
individual operating company. This restructuring aims at taking advantage of tax reductions
estimated at R$200 million over 8 years, until 2008, which will be capitalized by the operating
companies and will provide significant financial benefits for the company. The proposal to merge
the operating companies is pending approval from the regulatory agency, Anatel.
On June 13, 2000, Tele Nordeste formed, together with Tele Celular Sul Participações S.A.
(NYSE: TSU) an internet company, TimNet.com S.A., to provide internet-based, value-added
services to their respective clients. The initial investment totals US$10 million and this new
company will be operational by the end of the third quarter 2000.
SMS (Short Message System) was launched in July 2000, initially to postpaid clients. For the
first two months the service will be offered for free. After the introductory period, SMS will be
offered to all clients. The company estimates that WAP technology will be operational by the
end of the year, as TDMA WAP handsets become available in the market.
Financial Highlights
Tele Nordeste’s consolidated net income for the second quarter 2000 was R$0.9 million
(US$0.5 million) resulting in a consolidated net income of R$12.1 million (US$6.7 million) for the
first half of 2000, or R$0.036 (US$0.02) per thousand shares, compared to a consolidated net
income of R$2.9 million (US$1.6 million) for the second quarter 1999 and R$16.5 million
(US$9.2 million) for the first half of 1999.
Consolidated net operating revenue for the second quarter 2000 reached R$210.8 million
(US$117.1 million), resulting in a total of R$425.3 million (US$236.3 million) for the first half of
2000, compared to R$150.4 million (US$83.6 million) for the second quarter 1999 and R$290.9
million (US$161.6 million) for the first half of 1999. Compared with the first quarter 2000, net
operating revenues decreased by 1.7%, comprised of a decrease in traffic revenue of 5% and
an increase in sales of handsets of 23%. The reduction in traffic revenue was caused by
seasonality, and also by more strict credit control implemented in April 2000.
For the second quarter 2000, the Company reported consolidated EBITDA and EBIT of R$52.9
million (US$29.4 million) and R$21.4 million (US$11.9 million), respectively, representing a n
EBITDA margin of 25% and an EBIT margin of 10% over net operating revenues, compared to
the R$49.5 million (US$27.5 million) EBITDA and R$20.3 million (US$11.3 million) EBIT,
representing an EBITDA margin of 33% and an EBIT margin of 14% over net operating
revenues, reported for the second quarter 1999.
For the first half of 2000, EBITDA and EBIT were R$126.2 million (US$70.1 million) and R$68.7
million (US$38.2 million), representing an EBITDA and EBIT margin over the net operating
revenues of 30% and 16%, respectively, compared to the R$110.6 million (US$61.4 million)
EBITDA and R$53.1 million (US$29.5 million) EBIT, representing a 38% EBITDA margin and an
EBIT margin of 18% over net operating revenues, reported for the first half of 1999.
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www.timnordeste.com.br 2
3. Consolidated bad debt expenses, net, for the second quarter 2000, were R$29 million (US$16.1
million), representing 11% of gross revenues for that quarter and reflected adjustments made
following the normalization of the new billing system; bad debt expenses are expected to
decrease in the second half of this year, after disconnection of post-paid clients and the
implementation of new and more effective collection procedures. Also impacting net result for
the second quarter was the write off of R$5.2 million of undetected, fraudulent international calls
(cloning) that were paid to the long-distance carriers and not billed to the clients. The anti-fraud
procedures have also been strengthened during the second quarter to minimize this type of risk.
Interest on Equity
In accordance with the Annual Shareholders’ Meeting held on April 27, 2000, the Company has
started paying 1999 dividends, in the form of interest on equity, totaling R$9.9 million (US$5.5
million).
Interest on Equity (per thousand shares)
Net Value (in reais)
Exempt Taxable
Common Preferred Common Preferred
Interest on equity 0.0299 0.0299 0.0254 0.0254
Tele Nordeste’s subsidiaries, in accordance with their Annual Shareholders’ Meetings, started
paying dividends and interest on equity based on their results for the year ended December 31,
1999, on June 26, 2000, totaling R$14.6 million (US$8.1 million).
Selected Consolidated Financial Data (in thousands of Reais)
nd st
2 Qtr. 1 Half
2000 1999 2000 1999
Revenue
- Usage charges 120,184 94,287 251,572 188,307
- Monthly subscription payments 38,523 35,552 90,717 67,367
- Activation fees - - - 81
- Network usage charges 66,597 36,941 128,108 77,048
- Sale of handsets 38,550 23,573 69,925 35,154
- Other 1,657 863 4,405 1,838
Subtotal 265,511 191,216 544,727 369,795
- Value added and other indirect taxes (54,719) (40,858) (119,457) (78,903)
Net Operating Revenue 210,792 150,358 425,270 290,892
Cost of services and of goods sold
- Depreciation and amortization (27,368) (28,720) (51,725) (56,662)
- Personnel (1,315) (1,178) (4,058) (1,743)
- Materials and services (1.692) 1,839 (3,221) (3,302)
- Circuit leasing and related expenses (32,652) (23,968) (66,771) (55,292)
- Leases and insurance (2,246) (1,507) (4,468) (2,972)
- Cellular handset costs (36,793) (27,520) (68,514) (34,353)
- Fistel and other 5,616 (5,016) (588) (9,809)
Subtotal (96,450) (86,070) (199,345) (164,133)
Gross profit 114,342 64,288 225,925 126,759
Consolidated net operating revenue for the second quarter 2000 increased 40% when
compared with the same quarter of the previous year. This increase is primarily due to the
substantial increase in the number of clients during the period. The average number of clients in
the second quarter 2000 increased 80% (from 729,000 to 1,315,000) over the same quarter of
1999. Consolidated net operating revenue for the first half of 2000 increased 46% over the first
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4. half of 1999. Incoming traffic revenues (network usage charges) increased 80% year-over-year,
due to the substantial increase in prepaid clients.
N e t R e v e n u e (i n R $ 0 0 0 )
2 5 0 ,0
2 0 0 ,0
1 5 0 ,0
1 0 0 ,0
5 0 ,0
0 ,0
1 Q9 8 2 Q9 8 3 Q9 8 4 Q9 8 1 Q9 9 2 Q9 9 3 Q9 9 4 Q9 9 1 Q0 0 2 Q0 0
Consolidated gross profit increased 78% when compared to the second quarter of 1999 and
78% over the first half of last year, primarily as a result of higher usage by the clients (incoming
and outgoing calls). Fistel tax was reclassified to marketing expenses in the second quarter
2000.
G r o ss P r o fi t (i n R $ 0 0 0 )
1 2 0 ,0
1 0 0 ,0
8 0 ,0
6 0 ,0
4 0 ,0
2 0 ,0
0 ,0
1 Q9 8 2 Q9 8 3 Q9 8 4 Q9 8 1 Q9 9 2 Q9 9 3 Q9 9 4 Q9 9 1 Q0 0 2 Q0 0
Selected Consolidated Financial Data (in thousands of Reais)
nd st
2 Qtr 1 Half
2000 1999 2000 1999
Operating Expenses
- Selling 62,768 24,928 109,333 41,822
- General and administrative 24,221 19,134 42,468 31,181
- Other operating expenses, net 6,306 (630) 5,940 (2,452)
Subtotal 93,295 43,432 157,741 70,551
- Net financing expenses 22,363 9,627 43,336 16,094
Total 115,658 53,059 201,077 86,645
Consolidated net operating expenses increased substantially during the second quarter
compared to the same period of the prior year, to R$115.7 million (US$64.3 million) from
R$53.1 million (US$29.5 million) in 1999. This increase in operating expenses resulted
primarily from higher bad debt expenses, write off of fraudulent international calls and higher
financing expenses.
Consolidated bad debt expense for the second quarter 2000 reached R$29 million (US$16.1
million), compared with R$11.6 million (US$6.4 million) in the same quarter of 1999,
representing 11% of gross revenue for the quarter. Year-to-date bad debt expenses amount to
R$49.8 million (US$27.7 million), or 9% of gross revenues.
Financing expenses reflect the higher level of indebtedness to finance the expansion projects.
Consolidated debt-to-equity ratio at June 30, 2000, was 0.7.
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5. Consolidated Statistics
2Q, 2000 1Q, 2000 4Q, 1999 3Q, 1999 2Q, 1999
Clients
- Postpaid 842,569 886,085 860,529 782,353 737,388
- Prepaid 519,100 427,167 327,383 169,704 55,134
- Total 1,361,669 1,313,252 1,187,912 952,057 792,522
Growth over same period of the previous 71.8 90.4 93.4 86.3 69.8
year (%)
Estimated population of region (in millions) 26.2 26.1 26.1 26.0 26.0
Penetration rate (%)
- Tele Nordeste 5.2 5.0 4.6 3.7 3.0
- Total 8.0 7.3 6.6 4.8 4.1
Switches 12 12 12 12 12
Radio base stations 773 762 737 652 640
Mini-cells 63 62 59 58 58
Employees (full-time, interns and temporary) 1,646 1,277 1,283 1,275 1,177
Clients per employee 827 1,028 926 747 673
The digitalization project reached 66% of voice channels at June 30, 2000, and 82% of the
customer base were already using digital handsets. The total coverage reached 74% of the
population and 28% of the area.
ARPU
The blended average revenue per user (ARPU), net of taxes, for the second quarter of 2000,
was R$45 (US$25) per month, compared to R$62 (US$34) per month for the second quarter of
1999. This reduction was caused by the addition of low use, prepaid clients as of May, 1999,
and the stricter credit control procedures which were resumed in April 2000 (i.e. call blocking).
The blended ARPU for the first half of 2000 was R$48 (US$27), compared to R$65 (US$36) for
the same period of the prior year.
Postpaid ARPU in 2000 has been negatively affected by the increase in blocked lines for credit
reasons, which was resumed at the end of the second quarter. Blocking is done on a partial
basis, and therefore, just incoming traffic revenues are generated by those clients.
Competition
The Company estimates that its market share at the end of the second quarter of 2000 was
approximately 65%, in terms of number of lines. The penetration rate in the region at the end of
June 2000 was estimated at 8%, compared to Brazil’s penetration rate of approximately 11%
(18.5 million accesses).
In the second quarter 2000 two promotional campaigns (Mothers’ Day and Valentines’ Day)
featured interest-free financing of handsets and subsidies linked to one-year contracts with
minimum usage. General subsidies have been discontinued as of March, 2000.
Debt
Consolidated debt at June 30, 2000, was R$392.7 million (US$218.1 million), with R$350.7
(US$194.8 million) maturing in the short-term. The debt is totally denominated in Reais, in line
with the Company’s policy of minimizing exposure to foreign currency fluctuations.
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6. The Company is in the process of closing long-term financing contracts with the European
Investment Bank – EIB (third quarter) and Banco Nacional de Desenvolvimento Econômico e
Social – BNDES (fourth quarter).
i
Capital Expenditures
During the second quarter of 2000, Tele Nordeste and its subsidiaries invested R$80.4 million
(US$44.7 million), totaling R$116.5 million (US$64.7 million) for the first half of the year. These
investments are primarily focused on network digitalization.
The capex program for 2000 amounts to R$215 million and includes enhancements to the
Company’s systems, new services and Internet facilities.
This press release contains forward-looking statements. The Company and its representatives may also make forward-
looking statements in press releases and oral statements. Statements that are not statements of historical fact, including
statements about the beliefs and expectations of the Company’s management, are forward-looking statements. The words
“anticipates,” “believes,” “estimates,” “expects,” forecasts,” predicts,” “projects” and similar words are intended to
identify these statements, which necessarily involve known and unknown risks and uncertainties. Known risks and
uncertainties, some of which are discussed at pages 14-17 herein, include those resulting from the short history of the
Company’s operations as an independent, private sector, as well as those relating to the cost and availability of financing,
the performance of the Brazilian economy generally, the levels of exchange rates between Brazilian and foreign currencies
and the Federal Government’s telecommunications policy. Accordingly, the actual results of operations of the Company
may be different from the Company’s current expectations, and the reader should not place undue reliance on these
forward-looking statements. Forward-looking statements speak only as of the date they are made, and the Company does
not undertake any obligation to update them in light of new information or future developments.
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7. Balance Sheet
At June 30, and March 31, 2000
(In thousands of Reais)
Parent Company Consolidated
06.30.2000 03.31.2000 06.30.2000 03.31.2000
Assets
Current assets
Cash and cash equivalents 524 1,424 10,475 7,624
Trade accounts receivable – Clients - - 182,022 169,630
Inventories 37 15 13,678 44,578
Telecommunications companies - - 30,670 36,462
Trade accounts receivable – Subsidiaries 14,456 - - -
Recoverable taxes 2,957 1,937 44,077 14,758
Deferred income and social contribution taxes 332 1,082 24,970 21,677
Dividends and interest on shareholders’ equity 4,079 9,632 - -
Prepaid expenses 66 17 10,728 -
Other assets 1,634 1,597 16,783 67,505
24,084 15,704 333,405 362,234
Noncurrent assets
Loan to subsidiaries 5,293 27,232 - -
Tax incentives - - 2,791 2,746
5,293 27,232 2,791 2,746
Permanent assets
Investments 544,312 341,111 1 -
Property, plant and equipment 5,297 4,901 704,239 654,269
Deferred asset - - 202,300 -
549,609 346,012 906,540 654,269
578,987 388,948 1,242,736 1,019,250
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8. Balance Sheet
At June 30, and March 31, 2000
(In thousands of Reais)
Parent Company Consolidated
06.30.2000 03.31.2000 06.30.2000 03.31.2000
Liabilities and Shareholders’ Equity
Current liabilities
Suppliers 926 504 74,753 76,898
Loans and financing - - 350,740 332,370
Taxes payable 902 594 51,098 45,796
Salaries and vacation pay 1,573 1,205 7,322 5,885
Subsidiaries 100 10,641 - -
Telecommunication companies 2 3 14,118 9,843
Dividends and interest on shareholders’ equity 2,400 10,373 7,586 4,401
Other liabilities 1,459 376 19,979 32,161
7,362 23,698 524,415 507,354
Noncurrent liabilities
Loans and financing - - 41,920 45,376
Other liabilities - - 1,972 93
- - 43,892 45,469
Minority interest - - 101,623 101,176
Shareholders’ equity
Capital 108,843 108,943 108,843 108,943
Special reserves 204,068 - 204,068 -
Earnings reserves 178,922 178,922 178,922 178,922
Retained earnings 79,792 77,386 79,792 77,386
571,625 365,251 571,625 365,251
578,987 388,948 1,242,736 1,019,250
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9. Statement of Income
For the quarters and semesters ended June 30, 2000 and June 30, 1999
(In thousands of Reais)
Parent Company Consolidated
Quarter Semester Quarter Semester Quarter Semester Quarter Semester
ended ended ended ended ended ended ended ended
06.30.2000 06.30.2000 06.30.1999 06.30.1999 06.30.2000 06.30.2000 06.30.1999 06.30.1999
Revenue
Telecommunications services and
sale of goods - - - - 265,511 544,727 191,216 369,795
Deductions
(taxes and discounts) - - - - (54,718) (119,457) (40,858) (78,903)
Net Revenue - - - - 210,793 425,270 150,358 290,892
Cost of goods sold and
services rendered - - - - (96,450) (199,345) (86,070) (164,133)
Gross profit - - - - 114,343 225,925 64,288 126,759
Operating revenues (expenses)
Selling expenses - - - - (62,768) (109,333) (24,928) (41,822)
Administrative and general
expenses (1,156) (2,963) (7,345) (10,597) (24,221) (42,469) (19,134) (31,181)
Financial expenses (173) (230) (499) (1,189) (22,827) (47,832) (12,272) (26,179)
Financial income 1,409 2,143 1,799 4,119 464 4,496 2,645 10,085
Equity in income of subsidiaries 3,866 15,774 8,938 24,155 - - - -
Other operating income - - - - 2,872 3,690 2,579 5,635
Other operating expenses (1,085) (1,159) (7) (7) (9,178) (9,629) (1,949) (3,183)
Operating income (loss) 2,861 13,565 2,886 16,481 (1,316) 24,848 11,229 40,114
Nonoperating income (17) - - - 724 1,029 - -
Nonoperating expenses - - - - (347) (545) (558) (3,106)
Income before income and
social contribution taxes 2,844 13,565 2,886 16,481 (939) 25,332 10,671 37,008
Income and social contribution
taxes (439) - - - 1,407 (10,183) (5,077) (13,355)
Reversal of interest on
shareholders’ equity - - - - 1,227 1,227 - -
Net income before minority
interest 2,405 13,565 2,886 16,481 1,695 16,376 5,594 23,653
Minority interest - - - - (779) (4,300) (2,708) (7,172)
Net income (loss) 2,405 13,565 2,886 16,481 916 12,076 2,886 16,481
Net income (loss) per lot of a
thousand shares (R$) 0.0072 0.0406 0.00863 0.0493
Number of shares at
June 30, 2000 (thousands) 334,399,028 334,399,028 334,399,028 334,399,028
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