CCR is a leader in the Brazilian toll road industry with a 35% market share. It has a proven track record and strong cash flow generation from its toll road concessions. CCR is well positioned for further industry consolidation and has low capex requirements for its existing concessions. It aims to grow through acquiring new concessions and expanding its existing toll road network.
This presentation from OHL Brasil contains forward-looking statements about the company's prospects that are based on management's expectations and assumptions. These statements depend on factors like market conditions, regulations, competition, and the performance of the Brazilian economy, so they are subject to change.
OHL Brasil operates toll road concessions in Brazil through various subsidiaries. It has a portfolio of over 3,200 km of toll roads with approximately 35 million people living near its highways. Traffic on the toll roads increased in the first nine months of 2011 compared to the same period in 2010. The average remaining concession period is around 16 years.
OHL Brasil is part of the larger OHL Group, an international construction company.
The document is a company presentation for OHL Brasil that provides an overview of the company. It discusses OHL Brasil's portfolio, results, traffic on roads, federal concessions, and new opportunities. Some key points include that OHL Brasil has over 2,000 km of toll roads in Brazil, generated over R$389 million in net revenue in 2009, and had an EBITDA of R$68 million that year. The presentation also notes that OHL Brasil seeks majority holdings in concessions and targets a 15% profitability in euros.
The document provides an overview of Equatorial Energia, a Brazilian electricity distribution and generation company. It discusses the company's distribution and generation segments, including details on its subsidiaries CEMAR and CELPA. It then reviews the company's financial performance from 2004-2013, highlighting improvements in EBITDA, investments, and debt levels. Charts are presented comparing operating and financial metrics for CEMAR and CELPA from 2004-2013. The document also summarizes CEMAR's turnaround, outlining initiatives to improve operations, management, and financial results.
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 document is a presentation from OHL Brasil's 10th Annual Conference held August 18-20, 2009 at the Hotel Sofitel Jequitimar Guarujá in Guarujá, Brazil. It provides an overview of OHL Brasil including its portfolio of toll road concessions in Brazil totaling over 3,200 km, financial results, and growth opportunities. Key details include OHL Brasil is the largest toll road concession operator in Brazil, it has concessions in São Paulo state totaling over 1,100 km, and it was recently awarded several new federal toll road concessions totaling over 2,000 km.
CCR is a leader in the Brazilian toll road industry with a 35% market share. It has a proven track record and strong cash flow generation from its toll road concessions. CCR is well positioned for further industry consolidation and has low capex requirements for its existing concessions. It aims to grow through acquiring new concessions and expanding its existing toll road network.
CCR reported strong financial results for 1Q06, with net income growing 70.5% over 1Q05. Traffic increased slightly by 0.9% overall, except for one concession. CCR continues to pursue growth opportunities through existing concessions, bids for new concessions in Brazil and abroad, and potential acquisitions in the secondary market. Management expects cost efficiencies and margin expansion to continue.
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.
This presentation from OHL Brasil contains forward-looking statements about the company's prospects that are based on management's expectations and assumptions. These statements depend on factors like market conditions, regulations, competition, and the performance of the Brazilian economy, so they are subject to change.
OHL Brasil operates toll road concessions in Brazil through various subsidiaries. It has a portfolio of over 3,200 km of toll roads with approximately 35 million people living near its highways. Traffic on the toll roads increased in the first nine months of 2011 compared to the same period in 2010. The average remaining concession period is around 16 years.
OHL Brasil is part of the larger OHL Group, an international construction company.
The document is a company presentation for OHL Brasil that provides an overview of the company. It discusses OHL Brasil's portfolio, results, traffic on roads, federal concessions, and new opportunities. Some key points include that OHL Brasil has over 2,000 km of toll roads in Brazil, generated over R$389 million in net revenue in 2009, and had an EBITDA of R$68 million that year. The presentation also notes that OHL Brasil seeks majority holdings in concessions and targets a 15% profitability in euros.
The document provides an overview of Equatorial Energia, a Brazilian electricity distribution and generation company. It discusses the company's distribution and generation segments, including details on its subsidiaries CEMAR and CELPA. It then reviews the company's financial performance from 2004-2013, highlighting improvements in EBITDA, investments, and debt levels. Charts are presented comparing operating and financial metrics for CEMAR and CELPA from 2004-2013. The document also summarizes CEMAR's turnaround, outlining initiatives to improve operations, management, and financial results.
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 document is a presentation from OHL Brasil's 10th Annual Conference held August 18-20, 2009 at the Hotel Sofitel Jequitimar Guarujá in Guarujá, Brazil. It provides an overview of OHL Brasil including its portfolio of toll road concessions in Brazil totaling over 3,200 km, financial results, and growth opportunities. Key details include OHL Brasil is the largest toll road concession operator in Brazil, it has concessions in São Paulo state totaling over 1,100 km, and it was recently awarded several new federal toll road concessions totaling over 2,000 km.
CCR is a leader in the Brazilian toll road industry with a 35% market share. It has a proven track record and strong cash flow generation from its toll road concessions. CCR is well positioned for further industry consolidation and has low capex requirements for its existing concessions. It aims to grow through acquiring new concessions and expanding its existing toll road network.
CCR reported strong financial results for 1Q06, with net income growing 70.5% over 1Q05. Traffic increased slightly by 0.9% overall, except for one concession. CCR continues to pursue growth opportunities through existing concessions, bids for new concessions in Brazil and abroad, and potential acquisitions in the secondary market. Management expects cost efficiencies and margin expansion to continue.
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.
CCR reported strong financial results for 3Q05, with net revenues increasing 32.1% and EBITDA growing 43.7% compared to 3Q04. Traffic across CCR's concessions increased 19.6% overall despite high interest rates. Total costs remained well controlled, demonstrating continued operating efficiency. The company also benefited from a reversal of a fiscal provision. CCR remains focused on cost control and has diversified sources of long-term funding to support new growth opportunities.
The document contains CCR's 2Q07 earnings presentation. It summarizes that CCR saw an 8.4% increase in net revenue and 56.1% increase in net income in 2Q07. Traffic increased 6.3% in 2Q07 and operating costs decreased 7.2%, contributing to improved margins. CCR also provided details on its results by concession and an outlook for continued growth through investments in its existing concessions and pursuing new opportunities.
The document provides an overview of a company's 2Q10 results and outlook. Key highlights include traffic growth of 22.8% in 2Q10 and operating revenue increasing 22.1% to R$899.7 million. EBITDA grew 18.9% to R$554.8 million. While results were solid, costs were temporarily higher due to ramping up maintenance projects. The company has a proven track record and its current leverage provides comfort for the future.
The document outlines the agenda and presentations for a planning, transparency and credibility event held in São Paulo, Brazil. The agenda included opening remarks, presentations on transport infrastructure demands in Bahia by Governor Jaques Wagner, regulatory benchmarks in Brazil's infrastructure by Professor Paulo Resende, and current business highlights from executives at CCR Group. There was also an overview of high-quality growth for CCR Group by Leonardo Vianna and Arthur Piotto, followed by concluding remarks.
- CCR reported financial results for the fourth quarter and full year of 2012, with net revenue growth of 15.2% and 13.5% respectively compared to the same periods of 2011.
- Adjusted EBITDA increased 12.0% in 4Q12 versus 4Q11, reaching R$881.8 million, despite a contraction in the EBITDA margin. For the full year, adjusted EBITDA grew 11.5%.
- Net income increased 17.9% in 4Q12 and 30.9% for the full year 2012 due to higher cash generation and lower financial expenses despite a temporary increase in leverage ratios from new business additions.
CCR reported its 1Q13 earnings results. Some key highlights included:
- Traffic increased 2.0% compared to 1Q12. Electronic toll collection reached 3,875 thousand active tags, up 14.9% over March 2012.
- Net income increased 16.6% to R$336.7 million due to improved operational and financial performance.
- Adjusted EBITDA was R$783.6 million, up 7.4% over 1Q12, though the adjusted EBITDA margin declined slightly to 65.0% due to the addition of Barcas, which is still in the initial phase.
- The financial results improved, reflecting lower interest rates and active liability management, reducing
The document outlines an agenda and presentations for a conference on choosing new paths and winning new challenges in the toll road concession industry in Brazil. It provides an overview of CCR's current portfolio of toll road concessions in Brazil, the performance of its engineering and administrative subsidiaries, and its strategic focus on growing its business in Brazil through new toll road concessions and related opportunities. CCR aims to maintain its leadership in the industry while pursuing qualified new contracts and related businesses to create additional value.
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.
1) CCR reported strong financial results in 2004 with increased traffic, revenues and margins across its concessions.
2) Looking forward, CCR sees growth opportunities from bidding on additional federal highway concessions and the large São Paulo state highway privatization program.
3) CCR maintains a conservative capital structure and dividend policy to support continued growth through new concessions.
This document summarizes details of a proposed concession for the Mário Covas Ring Road - West Segment in São Paulo, Brazil. The 29.4 km segment would be granted to CCR as an onerous concession over 30 years. Key terms include a fixed grant of R$2 billion to CCR and a variable 3% of gross revenues. CCR estimates the project will generate R$14.3 billion in gross revenue over the concession. Financing would include a R$650 million bridge loan and approximately US$950 million in long-term financing. The proposal aims to improve traffic flow and safety along this segment of the ring road.
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.
This document summarizes CCR's 2Q13 earnings results. It reports that consolidated traffic increased 6.2% compared to 2Q12. Toll collection by electronic means grew 14.5% compared to June 2012. Adjusted EBITDA on a same-basis increased 16.8% to 67.0% margin. Subsequent events include the sale of a 10% stake in STP and a proposed interim dividend of R$0.57 per share. Key financial indicators show expansion in EBITDA margin and net income. The company has low leverage with a net debt to EBITDA ratio of 2.0x. Realized investments and maintenance expenditures are presented for main concessions.
The document summarizes the financing strategy and expansion plans for São Paulo's subway-railway system over the next 12 years. It plans to invest $18.3 billion to modernize 22% of the existing train network and increase the subway network by 30%. This will develop a 330km subway-railroad network and increase average daily ridership from 4.6 million to 8.2 million by 2022. Key projects include expanding various subway lines, upgrading existing train lines, and developing new rail connections including an airport express train and Bandeirantes Express Train. The investment is 124% higher than the previous 12 years and expected to reduce travel times and pollution while boosting economic productivity and tax revenue.
CCR's 2Q06 results showed an 8.8% increase in net operating income compared to 2Q05, reaching R$512.8 million, with the number of electronic toll collection users increasing 25.3% to 599 thousand. Total costs increased 17.5% compared to 2Q05. EBIT decreased 4.8% to R$174.7 million due to factors including traffic, operating costs and financial results. CCR's entrance to the IBOVESPA stock index in March 2006 and prepayment of foreign currency debt were highlighted as subsequent positive events.
O documento apresenta os resultados financeiros da CCR no 4T15. O tráfego consolidado excluindo a Ponte e MSVia teve queda de 2,8%. O EBITDA ajustado na mesma base apresentou crescimento de 0,4% com margem de 59,8%. O lucro líquido na mesma base atingiu R$249,9 milhões, queda de 19,1% no 4T15.
Bank of Baroda is a 104-year-old state-owned bank with operations in India and 24 other countries. It has consistently achieved profitability and dividend payments. In the first half of 2012-13, the bank saw an 11% increase in net profit and a 16.7% increase in operating profit compared to the same period last year. The bank has a strong domestic presence with over 4,000 branches and a robust technology platform supporting its operations.
TGI is Colombia's largest natural gas transportation company, owning 61% of the national pipeline network. The document provides an overview of TGI's history, financial and operating highlights from 2008 to Q1 2014, and key updates including the approval of TGI's first dividend, EEB's acquisition of a 31.92% stake in TGI, expansion projects, and the restructuring of cross-currency hedges. TGI has a stable and predictable cash flow, strong financial performance, and receives regulatory support as a natural monopoly in Colombia's gas sector.
Localiza reported strong financial results for 2Q05, with an 8.5% increase in net income and 35% growth in EBITDA compared to 2Q04. The company saw 43% growth in car rental volume and 12% growth in fleet rental. Localiza completed a debentures issuance of R$350 million and an IPO in June, distributing 36.9% of shares. The company remains the largest car rental firm in Brazil with over 20,000 vehicles in its fleet.
Localiza reported strong financial results for 2Q05, with an 8.5% increase in net income and 35% growth in EBITDA compared to 2Q04. Business volumes grew 43% for car rentals and 12% for fleet rentals. The company completed a debentures issuance of R$350 million and an initial public offering that distributed 36.9% of shares. Localiza maintained its leading position in Brazil's car rental market and expanded its fleet.
- Localiza reported an 8.5% increase in net income for 2Q05 compared to 2Q04, reaching R$31.4 million with EPS of R$0.50. EBITDA grew 35% to R$59.5 million.
- Business volumes grew significantly across segments: 43% for car rentals and 12% for fleet rentals. The company also completed a debentures issuance of R$350 million and an IPO.
- Financial highlights showed growth in key metrics like net revenue, EBITDA and net income, demonstrating the company's strong performance.
This document summarizes details of a proposed concession for the Mário Covas Ring Road - West Segment in São Paulo, Brazil. The 29.4 km segment would be granted to CCR as an onerous concession over 30 years. Key terms include a fixed grant of R$2 billion to CCR and a variable 3% of gross revenues. CCR projects the segment will generate over R$14 billion in gross revenues over the concession period. Financing plans include a R$650 million bridge loan and approximately US$950 million in long-term financing. The proposal aims to generate a leveraged internal rate of return of 15.2% for CCR annually over 30 years of operation.
CCR reported strong financial results for 3Q05, with net revenues increasing 32.1% and EBITDA growing 43.7% compared to 3Q04. Traffic across CCR's concessions increased 19.6% overall despite high interest rates. Total costs remained well controlled, demonstrating continued operating efficiency. The company also benefited from a reversal of a fiscal provision. CCR remains focused on cost control and has diversified sources of long-term funding to support new growth opportunities.
The document contains CCR's 2Q07 earnings presentation. It summarizes that CCR saw an 8.4% increase in net revenue and 56.1% increase in net income in 2Q07. Traffic increased 6.3% in 2Q07 and operating costs decreased 7.2%, contributing to improved margins. CCR also provided details on its results by concession and an outlook for continued growth through investments in its existing concessions and pursuing new opportunities.
The document provides an overview of a company's 2Q10 results and outlook. Key highlights include traffic growth of 22.8% in 2Q10 and operating revenue increasing 22.1% to R$899.7 million. EBITDA grew 18.9% to R$554.8 million. While results were solid, costs were temporarily higher due to ramping up maintenance projects. The company has a proven track record and its current leverage provides comfort for the future.
The document outlines the agenda and presentations for a planning, transparency and credibility event held in São Paulo, Brazil. The agenda included opening remarks, presentations on transport infrastructure demands in Bahia by Governor Jaques Wagner, regulatory benchmarks in Brazil's infrastructure by Professor Paulo Resende, and current business highlights from executives at CCR Group. There was also an overview of high-quality growth for CCR Group by Leonardo Vianna and Arthur Piotto, followed by concluding remarks.
- CCR reported financial results for the fourth quarter and full year of 2012, with net revenue growth of 15.2% and 13.5% respectively compared to the same periods of 2011.
- Adjusted EBITDA increased 12.0% in 4Q12 versus 4Q11, reaching R$881.8 million, despite a contraction in the EBITDA margin. For the full year, adjusted EBITDA grew 11.5%.
- Net income increased 17.9% in 4Q12 and 30.9% for the full year 2012 due to higher cash generation and lower financial expenses despite a temporary increase in leverage ratios from new business additions.
CCR reported its 1Q13 earnings results. Some key highlights included:
- Traffic increased 2.0% compared to 1Q12. Electronic toll collection reached 3,875 thousand active tags, up 14.9% over March 2012.
- Net income increased 16.6% to R$336.7 million due to improved operational and financial performance.
- Adjusted EBITDA was R$783.6 million, up 7.4% over 1Q12, though the adjusted EBITDA margin declined slightly to 65.0% due to the addition of Barcas, which is still in the initial phase.
- The financial results improved, reflecting lower interest rates and active liability management, reducing
The document outlines an agenda and presentations for a conference on choosing new paths and winning new challenges in the toll road concession industry in Brazil. It provides an overview of CCR's current portfolio of toll road concessions in Brazil, the performance of its engineering and administrative subsidiaries, and its strategic focus on growing its business in Brazil through new toll road concessions and related opportunities. CCR aims to maintain its leadership in the industry while pursuing qualified new contracts and related businesses to create additional value.
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.
1) CCR reported strong financial results in 2004 with increased traffic, revenues and margins across its concessions.
2) Looking forward, CCR sees growth opportunities from bidding on additional federal highway concessions and the large São Paulo state highway privatization program.
3) CCR maintains a conservative capital structure and dividend policy to support continued growth through new concessions.
This document summarizes details of a proposed concession for the Mário Covas Ring Road - West Segment in São Paulo, Brazil. The 29.4 km segment would be granted to CCR as an onerous concession over 30 years. Key terms include a fixed grant of R$2 billion to CCR and a variable 3% of gross revenues. CCR estimates the project will generate R$14.3 billion in gross revenue over the concession. Financing would include a R$650 million bridge loan and approximately US$950 million in long-term financing. The proposal aims to improve traffic flow and safety along this segment of the ring road.
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.
This document summarizes CCR's 2Q13 earnings results. It reports that consolidated traffic increased 6.2% compared to 2Q12. Toll collection by electronic means grew 14.5% compared to June 2012. Adjusted EBITDA on a same-basis increased 16.8% to 67.0% margin. Subsequent events include the sale of a 10% stake in STP and a proposed interim dividend of R$0.57 per share. Key financial indicators show expansion in EBITDA margin and net income. The company has low leverage with a net debt to EBITDA ratio of 2.0x. Realized investments and maintenance expenditures are presented for main concessions.
The document summarizes the financing strategy and expansion plans for São Paulo's subway-railway system over the next 12 years. It plans to invest $18.3 billion to modernize 22% of the existing train network and increase the subway network by 30%. This will develop a 330km subway-railroad network and increase average daily ridership from 4.6 million to 8.2 million by 2022. Key projects include expanding various subway lines, upgrading existing train lines, and developing new rail connections including an airport express train and Bandeirantes Express Train. The investment is 124% higher than the previous 12 years and expected to reduce travel times and pollution while boosting economic productivity and tax revenue.
CCR's 2Q06 results showed an 8.8% increase in net operating income compared to 2Q05, reaching R$512.8 million, with the number of electronic toll collection users increasing 25.3% to 599 thousand. Total costs increased 17.5% compared to 2Q05. EBIT decreased 4.8% to R$174.7 million due to factors including traffic, operating costs and financial results. CCR's entrance to the IBOVESPA stock index in March 2006 and prepayment of foreign currency debt were highlighted as subsequent positive events.
O documento apresenta os resultados financeiros da CCR no 4T15. O tráfego consolidado excluindo a Ponte e MSVia teve queda de 2,8%. O EBITDA ajustado na mesma base apresentou crescimento de 0,4% com margem de 59,8%. O lucro líquido na mesma base atingiu R$249,9 milhões, queda de 19,1% no 4T15.
Bank of Baroda is a 104-year-old state-owned bank with operations in India and 24 other countries. It has consistently achieved profitability and dividend payments. In the first half of 2012-13, the bank saw an 11% increase in net profit and a 16.7% increase in operating profit compared to the same period last year. The bank has a strong domestic presence with over 4,000 branches and a robust technology platform supporting its operations.
TGI is Colombia's largest natural gas transportation company, owning 61% of the national pipeline network. The document provides an overview of TGI's history, financial and operating highlights from 2008 to Q1 2014, and key updates including the approval of TGI's first dividend, EEB's acquisition of a 31.92% stake in TGI, expansion projects, and the restructuring of cross-currency hedges. TGI has a stable and predictable cash flow, strong financial performance, and receives regulatory support as a natural monopoly in Colombia's gas sector.
Localiza reported strong financial results for 2Q05, with an 8.5% increase in net income and 35% growth in EBITDA compared to 2Q04. The company saw 43% growth in car rental volume and 12% growth in fleet rental. Localiza completed a debentures issuance of R$350 million and an IPO in June, distributing 36.9% of shares. The company remains the largest car rental firm in Brazil with over 20,000 vehicles in its fleet.
Localiza reported strong financial results for 2Q05, with an 8.5% increase in net income and 35% growth in EBITDA compared to 2Q04. Business volumes grew 43% for car rentals and 12% for fleet rentals. The company completed a debentures issuance of R$350 million and an initial public offering that distributed 36.9% of shares. Localiza maintained its leading position in Brazil's car rental market and expanded its fleet.
- Localiza reported an 8.5% increase in net income for 2Q05 compared to 2Q04, reaching R$31.4 million with EPS of R$0.50. EBITDA grew 35% to R$59.5 million.
- Business volumes grew significantly across segments: 43% for car rentals and 12% for fleet rentals. The company also completed a debentures issuance of R$350 million and an IPO.
- Financial highlights showed growth in key metrics like net revenue, EBITDA and net income, demonstrating the company's strong performance.
This document summarizes details of a proposed concession for the Mário Covas Ring Road - West Segment in São Paulo, Brazil. The 29.4 km segment would be granted to CCR as an onerous concession over 30 years. Key terms include a fixed grant of R$2 billion to CCR and a variable 3% of gross revenues. CCR projects the segment will generate over R$14 billion in gross revenues over the concession period. Financing plans include a R$650 million bridge loan and approximately US$950 million in long-term financing. The proposal aims to generate a leveraged internal rate of return of 15.2% for CCR annually over 30 years of operation.
- CCR's consolidated traffic grew 3.9% in 2Q14, while toll revenues increased 5.7%. Adjusted proforma EBITDA increased 5.2% in 2Q14.
- Total costs increased 5.4% in 2Q14 versus 2Q13, driven by a higher average SELIC rate and increased debt levels. Net income decreased 9.4% due to financial expenses.
- CCR maintained a comfortable leverage ratio of 2.0x net debt to EBITDA. The company continues investing in maintenance and improvements across its portfolio.
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.
OHL Brasil reported strong financial results for the second quarter of 2005, with net service revenues up 7.9% over the previous quarter and adjusted EBITDA of $58.7 million, a 62.9% margin. Traffic across the company's three toll road concessions increased by 8% in the second quarter compared to the previous year. The company also completed its IPO in July 2005, raising $135 million to fund expansion plans and potential acquisitions.
OHL Brasil reported strong financial results for the second quarter of 2005, with net service revenues up 7.9% over the previous quarter and adjusted EBITDA of $58.7 million, a 62.9% margin. Traffic across the company's three toll road concessions increased between 6.6% and 8.0% over the same period last year. The company continues to generate consistent cash flow with a low debt ratio and prospects for further growth through acquisitions and participation in Brazil's toll road privatization program.
This document provides a summary of Virgin Media's performance in the second quarter of 2008. It discusses financial results including operating cash flow growth and SG&A reductions. It also reviews operational metrics such as subscriber growth, churn rates, broadband and TV services. Virgin Media saw increased revenue and profitability in Q2 2008 compared to the prior year through lower churn, higher triple-play penetration and a focus on quality customer growth. The company believes its cable network gives it advantages over DSL providers that will increase further after investments are completed.
This document provides a summary of Virgin Media's performance in the second quarter of 2008. It discusses financial results including operating cash flow growth and SG&A reductions. It also reviews operational metrics such as subscriber growth, churn rates, broadband and TV services. Virgin Media saw increased revenue and profitability in Q2 2008 compared to the same period last year.
- CSU reported strong growth in 2Q12, with EBITDA expanding 19.7% and the EBITDA margin rising to 20.2%
- Gross revenues totaled R$103.5 million and the gross margin increased to 25.7%
- New contracts were signed to issue cards with Banco do Nordeste and Banpará that will generate over R$70 million in revenues
Corporate Presentation - CPFL Energia - May 2015CPFL RI
This document provides an overview of CPFL Energia's history and operations from 1997 to 2015. It discusses CPFL Energia's expansion through acquisitions and greenfield projects in distribution, renewable generation, and competitive power supply. Key milestones include the company's IPO in 2004, diversification into renewable energy in 2011 through the acquisition of CPFL Renováveis, and continued growth in distributed generation and telecommunications services. Financial highlights show increasing revenues across business segments despite challenges in distribution profits. The presentation establishes CPFL Energia's ambition to strengthen its leadership position through efficiency gains and managing regulatory risks across power generation, distribution, and commercialization.
This document provides an overview of Virgin Media's financial and operational results for the fourth quarter of 2008. Key highlights include consumer revenue growth for the second straight quarter, a 10% reduction in SG&A expenses compared to Q4 2007, and record broadband, TV, and contract mobile customers. Operational metrics such as churn and the percentage of triple play customers also improved compared to prior year. The company continued focusing on quality growth through initiatives such as improving broadband tier mix and enriching TV content.
This document provides an overview of Virgin Media's financial and operational results for the fourth quarter of 2008. Key highlights include consumer revenue growth for the second straight quarter, a 10% reduction in SG&A expenses compared to Q4 2007, and record broadband, TV, and contract mobile customers. Operational metrics such as churn and the percentage of triple play customers also improved compared to prior year. The company continued focusing on quality growth through initiatives such as improving broadband tier mix and enriching TV content.
Corporate Presentantion CPFL Energia June 2015CPFL RI
This document provides an overview of CPFL Energia's history and operations from 1997 to 2015. It discusses CPFL Energia's expansion through acquisitions and greenfield projects in distribution, generation, and renewable energy. It also summarizes the company's financial performance over time and highlights its ambitions going forward to maintain leadership in operating efficiency across its business segments.
- Traffic fell 3.8% in 1Q15 compared to 1Q14. Adjusted EBITDA on a same-basis increased 2.8% with a margin of 65.6%. Net income on a same-basis was R$312.6 million, down 13.8%.
- Costs increased due to new projects, wage increases, and a tax provision effect for Ponte. Excluding these factors, cash costs increased 5.2% and EBITDA margin was maintained at 65.6%.
- Financial results were impacted by higher debt and interest rates. Net debt/EBITDA was 2.5x. The leverage reflects investment needs but not potential cash generation from new businesses.
Triunfo Participações e Investimentos S.A. is a Brazilian infrastructure company with diversified investments in toll roads, ports, energy generation, and airports. The document provides an overview of Triunfo's business segments and investment projects. It notes that projections in the presentation are based on management expectations and not commitments. Financial information shows strong growth across segments in recent years. New projects include mining, railway, and port facilities for Vetria Mineração.
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- Traffic fell 3.9% in 4Q18 compared to 4Q17, excluding suspended axle exemptions traffic increased 0.4%
- Adjusted EBITDA increased 3.6% in 4Q18 on a same-basis compared to 4Q17, with an adjusted margin of 61.7% (+0.4 percentage points)
- Same-basis net income in 4Q18 totaled R$356.9 million, down 21.1% from 4Q17
Este documento apresenta os resultados financeiros da CCR no quarto trimestre de 2018. Os principais pontos são:
1) O tráfego consolidado apresentou redução de 3,9%, enquanto o EBITDA ajustado cresceu 3,6% em relação ao mesmo período do ano anterior.
2) O lucro líquido atingiu R$356,9 milhões na mesma base de comparação, representando uma queda de 21,1%.
3) Eventos subsequentes incluem a assinatura do contrato de concessão da ViaSul e
O documento apresenta os resultados financeiros da CCR no 2T18. O tráfego consolidado teve redução de 5,5% em relação ao ano anterior. O EBITDA ajustado cresceu 1% na mesma base de comparação, com margem de 58,3%, enquanto o lucro líquido reduziu 5,2%. Novos negócios e eventos subsequentes são destacados.
- Consolidated traffic fell 5.5% in 2Q18 compared to 2Q17. Adjusted EBITDA on a same-basis increased 1.0% to R$1,091.7 million, with a margin of 58.3% (-0.4 p.p.). Net income on a same-basis totaled R$300.9 million, down 5.2%.
- Leonardo Couto Vianna took over as CEO of CCR on August 1, 2018. ViaMobilidade's commercial operations began on August 4, 2018.
- Gross debt totaled R$16.6 billion as of June 30, 2018, with an average cost of debt of C
- Traffic grew 2.3% consolidated and 3.1% proforma including recent acquisitions
- Adjusted EBITDA increased 9.3% on a same-basis and 17.0% reported, with margins of 62.0% and 62.2% respectively
- Net income grew 32.3% on a same-basis and 35.8% as reported
Este documento apresenta os resultados financeiros da CCR no primeiro trimestre de 2018, destacando:
1) O tráfego consolidado cresceu 2,3% e o EBITDA ajustado aumentou 9,3%;
2) O lucro líquido atingiu R$ 446,8 milhões, um crescimento de 35,8%;
3) A dívida bruta total é de R$ 17,3 bilhões, com alavancagem de 2,2x medida pelo índice Dívida Líquida/EBITDA.
- Traffic grew 4.4% in 4Q17 compared to 4Q16. Adjusted EBITDA increased 17.9% on a same-basis compared to 4Q16, with a margin of 61.3% (+2.9 percentage points).
- Net income totaled R$329.1 million, up 94.2% compared to 4Q16. The company's board proposed additional dividends of approximately R$0.20 per share.
- In January 2018, the company was selected as the best bidder to operate subway lines 5 and 17 in São Paulo through 2038.
O relatório apresenta os resultados financeiros da CCR no 4T17, destacando:
1) Crescimento de 4,4% no tráfego consolidado e de 17,9% no EBITDA ajustado na mesma base em relação ao 4T16;
2) Lucro líquido de R$329,1 milhões no 4T17, aumento de 94,2% em relação ao 4T16;
3) Proposta de distribuição de dividendos complementares de R$0,20 por ação.
This document summarizes the key points from a presentation on organization, focus, and governance for perpetuating success at CCR Group. It discusses CCR's expansion from 5 companies in 2005 to over 20 companies in 2017 across roads, urban mobility, airports, and services in Brazil and internationally. The presentation outlines CCR's organizational structure and roles, as well as business opportunities in roads, urban mobility projects, and other markets in Brazil, Chile, and Argentina. Traffic trends, economic indicators, and specific projects are also mentioned.
O documento discute estratégias para perpetuar o sucesso da organização no futuro, abordando tópicos como organização, foco e governança. Apresenta o histórico de crescimento da empresa e oportunidades em contratos atuais e novos negócios no Brasil e no exterior.
- Traffic grew 4.1% in 3Q17 compared to 3Q16. Adjusted EBITDA on a same-basis grew 5.7% with margins of 63.8% (+0.6 p.p.). Net income on a same-basis grew 63.1%.
- Cash costs were up 2.0% on a same-basis to R$731 million due to inflation adjustments. Adjusted EBITDA was up 5% on a same-basis to R$1.28 billion.
- Gross debt was R$14.7 billion, with net debt/EBITDA of 2.2x. The company raised R$1.295 billion in new debt in 3
O documento apresenta os resultados financeiros da CCR no 3T17, com destaque para:
1) Crescimento de 4,1% no tráfego consolidado e de 5,7% no EBITDA ajustado na mesma base em comparação com o 3T16.
2) Lucro líquido de R$ 472,3 milhões no trimestre, queda de 59% devido a efeitos não recorrentes no 3T16.
3) Endividamento bruto de R$ 14,7 bilhões, com alavancagem de 2,2x medida pelo í
- Traffic fell 0.8% while adjusted EBITDA increased 69.7% and net profit increased 357.9%
- The company acquired control of ViaQuatro and an additional stake in ViaRio
- Adjusted EBITDA on a same-basis increased 4.8% due to cost optimization efforts despite lower traffic
- Net debt to EBITDA was 1.8x due to strong earnings growth and debt refinancing at lower interest rates
O documento apresenta os resultados financeiros da CCR no 2T17. O tráfego consolidado teve queda de 0,8%, enquanto o EBITDA ajustado cresceu 69,7% e o lucro líquido aumentou 357,9%. Na mesma base, o EBITDA subiu 4,8% e o lucro líquido cresceu 195,8%. A dívida líquida total é de R$14,7 bilhões.
- Traffic fell 0.8% while adjusted EBITDA increased 69.7% and net profit increased 357.9%
- Key corporate events included acquiring control of ViaQuatro and increasing stake in ViaRio
- Financial highlights showed increases in revenues, adjusted EBITDA, and net income, while margins expanded significantly
- Costs grew due to variable compensation, collective bargaining agreements, and one-off acquisition effects
- Fundraising efforts in the quarter raised over R$1.3 billion, while debt metrics like net debt/EBITDA remained stable
O documento apresenta os resultados financeiros da CCR no 2T17. O tráfego consolidado teve queda de 0,8%, enquanto o EBITDA ajustado cresceu 69,7% e o lucro líquido aumentou 357,9%. Na mesma base, o EBITDA subiu 4,8% e o lucro líquido cresceu 195,8%. A dívida líquida total é de R$14,7 bilhões.
- Traffic fell 2.8% in 1Q17 compared to 1Q16. Adjusted EBITDA increased 3.9% to R$1.03 billion with a margin of 61.0%.
- Net income was R$329.0 million, down 32.9%. Excluding new businesses, net income was R$338.5 million, down 46.6%.
- Gross debt was R$14.9 billion, up 1.1%. Net debt to EBITDA was 1.8x. The Company raised R$362 million in local debt and USD$8 million in international loans.
Este documento fornece um resumo dos resultados financeiros da CCR no primeiro trimestre de 2017, destacando:
1) O tráfego consolidado apresentou queda de 2,8%, enquanto o EBITDA ajustado cresceu 3,9% e a margem EBITDA foi de 61%;
2) O lucro líquido alcançou R$ 329 milhões, aumento de 32,9%;
3) As principais captações no trimestre somaram R$ 362,3 milhões.
- Traffic fell 7.0% in 4Q16 compared to 4Q15. Adjusted EBITDA increased 0.4% with a margin of 58.4% (+0.2 p.p.).
- Net income totaled R$169.5 million, down 30.8%. Same-basis net income was R$214.4 million, down 12.9%.
- In February 2017, the Company announced the completion of a primary share offering that raised R$4.07 billion through the issue of 254 million new shares.
O documento apresenta os resultados financeiros da CCR no 4T16, com ênfase nos seguintes pontos:
1) O tráfego consolidado apresentou queda de 7%, enquanto o EBITDA ajustado cresceu 0,4% e a margem foi de 58,4%;
2) O lucro líquido atingiu R$169,5 milhões, queda de 30,8%;
3) Em evento subsequente, foi realizada uma oferta de ações que levantou R$4,07 bilhões.
2. CCR’s Unique Characteristics
• Leader in the Brazilian Toll Road Industry
• Well positioned for industry consolidation
• Excellent in Corporate Governance standards – tag along rights
• Proven track record
• Strong cash flow generation
• Low capex requirements for existing concessions
3. The Brazilian Toll Road Industry
• 39 Concessionaires
• There is no productivity factor into industry’s contracts
• Only 6% of paved Brazilian highways under concession private contracts
• 2001 Rvenues market share by player
•CCR – 35.2 %
•2nd – 11.4 %
•3th – 9.5 %
•4th – 6.5 %
•Others – 37.4 %
• Proven Legal framework
4. New Concessions Programs
Distance
Program (km)
2nd phase 2,583
3rd phase 5,205
São Paulo 2,755
Total 10,543
Source: DNER
Existing CCR Concessions
Polão
2nd phase of the Federal Concession Program
3rd phase of the Federal Concession Program
State of São Paulo Concession Program
Source: ABCR - Brazilian Highway Concession Association
6. Concessionaires
AutoBAn - Sistema Anhangüera - Bandeirantes
Limeira Main Characteristics
• A major highway system of State of
São Paulo, linking the capital to the
most industrialized section of the state
• 43% of CCR’s net revenues
Campinas
• Concession term 20 years, untill April
2018
• Average daily traffic 210,000 vehicle
equivalent
• Drivers:
•GDP
•Active management measures
São Paulo
7. Concessionaires
Nova Dutra Main Characteristics
• Linking two of the most important
industrial centers in the country:
São Paulo and Rio de Janeiro
• 34% of CCR’s net revenues
• Concession term 25 years, until
February 2021
• Average daily traffic 208,000
vehicle equivalent
• Drivers:
•Long traffic
•Comercial traffic
8. Concessionaires
Rodonorte
Apucarana Main Characteristics
• Most important toll road
concession of Paraná State –
used to transport agricultural
Jaguariaíva exports
• 15% of CCR’s net revenues
• Concession term 24 years, until
November 2021
• Average daily traffic 126,000
Ponta
Grossa
vehicle equivalent
Curitiba
• Drivers:
•Agricultural harvest
•Commercial traffic
9. Concessionaires
Ponte Rio - Niterói
Main Characteristics
• Linking Rio de Janeiro and
Niterói
• 5% of CCR’s net revenues
• Concession term 20 years, until
May 2015
• Daily commuters represent 70%
of traffic
• Average daily traffic 73,000
vehicle equivalent
• Drivers:
•GDP
10. Concessionaires
Via Lagos
Main Characteristics
• Linking the Lakes region, an
important tourist destination in
the State of Rio de Janeiro
• 3% of CCR’s net revenues
• Concession term 25 years,
untill December 2021
• Average daily traffic 13,000
vehicle equivalent
• Drivers:
•Leisure travel
11. 2002 Highlights
•First dividend payment:
•25% pay-out ratio, R$ 0.35 per share
•4.9% dividend yield
•Change in accounting practice for concession fees at AutoBAn and Via Lagos
•Similar to operational leases
•Waiting for final decision from the CVM
•Investor friendly
•Hedging Policy
•39% of our US$ denominated debt is now hedged
•Represents 100% of principal and interest payments due through 2004
•Reestructuring has prepared the Company for growth
•Created a shared service center
•Developed an engineering center
12. 2002 Performance
Consolidate d - (R$ thous ands ) 4Q02 4Q011 2002 20011
Gross Revenues 292,610 269,467 1,074,436 931,664
Net Revenues 270,916 253,249 1,000,337 870,295
Cost of Services Rendered (154,183) (121,284) (575,183) (468,542)
Administrative Expenses (37,081) (30,464) (138,531) (100,850)
EBITDA 128,456 138,343 472,242 441,242
EBIT 79,652 101,501 286,623 300,903
Net Financial Expenses 28,129 31,032 (463,585) (299,968)
Net Income (Loss) 88,939 86,131 (119,526) (13,523)
Notes:
1. Pro-forma, under new concession fee accounting treatment
18. Corporate Governance
• Listed on the Novo Mercado
•Only one type of share: common shares with voting rights
•Shareholders have Board representation
•Tag-along rights
• Any Board member may request an independent appraisal for any related
party transaction
•Veto right for 25% of votes, three Board members
• Dividend Policy: maximum pay-out after business plan needs are met
• Management benefits based on EVA
• Committed to Novo Mercado Arbitrage chamber
• Non competion clause with controlling shareholders
19. Growth Strategy - Existing Concessions
Operational level
• Toll collection improvement
•Repositioning toll plazas
•Bi-directional collection
• Cost officiencies coming from reetructuring undertaken in 2002
•Centralize administrative functions
•Leverage economies of scale
Electronic Toll Collection
• CCR views this as a strategic business, focused on:
•Minimizing the time it takes to stop and pay tolls
•Improving traffic conditions
20. Growth Strategy
Acquisition
• Sinergies with actual CCR concessionaries
• Opportunities to merge operations
• Seeks for controlling position
New Concessions
• Decision making factors:
•Funding basic structure
•60% debt at the operating company level
•20% cash from the concession itself
•20% equity from CCR
•IRR attractiveness standards:
•18%~20% p.a. Unleverage
•25% p.a. leverage
•Immediately add value on an NPV basis