Arteris anuncia seus resultados do 1T14
São Paulo, May 08, 2014 - Arteris (Novo Mercado Bovespa: ARTR3) announces its 1Q14 consolidated earnings results
Tolled Traffic: The volume of tolled traffic increased by 1.1% over 1Q13, totaling 175.6 million vehicle equivalents. On a same-comparison basis, i.e. excluding non-recurring effects, growth came to 5.4%.
Toll Plazas Revenue: Toll plaza revenue totaled R$575.2 million in 1Q14, 7.2% up on 1Q13, due to higher consolidated traffic volume and tariff increases on the federal highways. The state highways recorded growth of 10.8% and the federal highways, 2.6%.
Adjusted EBITDA: Adjusted EBITDA increased by 8.3%, totaling R$354.8 million, accompanied by an adjusted EBITDA margin* of 67.3% (+3.2 p.p.).
Net Income: Arteris posted net income of R$100.9 million in 1Q14, 8.8% more than in 1Q13.
Debt: The leverage ratio, as measured by Net Debt / Adjusted EBITDA less Fixed Concession Fee (last 12 months) was 2.4x.
Investments: Investments in fixed and intangible assets and highway maintenance totaled R$375.8 million in 1Q14.
Conference Call in English
We request participants to dial in approximately 10 minutes prior to the conference.
Date: 05/09/2013 (Tomorrow)
US EST: 11:00 am (12:00 pm Brasília Time)
Dial in number from USA: +1 (888) 700 0802 (Toll Free From U.S.) / +1 (786) 924-6977
Dial in number from Brazil: +55 (11) 3193-1001 / (11) 2820-4001
Access code: ARTERIS
Replay*: +55 (11) 3193-1012 / (11) 2820-4012
Replay code: 7870724#
* A replay facility will be available between 05/09 and 05/15.
A slide presentation will be available for download on Investor Relations website www.arteris.com.br/ir a few minutes before the event.
The Conference Call will be broadcast live over the internet through the link http://webcall.riweb.com.br/arteris/english and will be available on the Company’s Investor Relations website after the event.