Arteris announces its 1Q13 Earnings Results
São Paulo, May 07, 2013 Arteris (Novo Mercado Bovespa: ARTR3) announces its 1Q13 consolidated earnings results.
Tolled Traffic: The volume of tolled traffic increased by 1.8% over 1Q12, totaling 173.7 million vehicle equivalents.
Toll Plazas Revenue: Toll Plazas revenue totaled R$536.5 million in 1Q13, 8.1% up on 1Q12, due to higher traffic volume and tariff increases.
Adjusted EBITDA: First-quarter adjusted EBITDA totaled R$327.7 million, 8.0% more than in 1Q12, accompanied by a margin of 64.1%.
Net Income: Net income came to R$92.7 million in 1Q13, 11.3% less than in 1Q12, impacted by the financial result, depreciation and amortization.
Debt: Net debt closed the quarter at R$2.5 billion, with cash, cash equivalents and financial investments of R$690.2 million. The leverage ratio, as measured by Net Debt / Adjusted EBITDA less Fixed Concession Fee (last 12 months), stood at 2.0x.
Investments: Investments in fixed and intangible assets and highway maintenance totaled R$266.4 million in 1Q13.
Conference Call in English
We request participants to dial in approximately 10 minutes prior to the conference.
Date: 05/08/2013 (Tomorrow)
US EST: 11:00 am (12:00 pm Brasília Time)
Dial in number: (+1) 786 924 6977 (From U.S.) / (+1) 855 281 6021 (Toll Free From U.S.) / (+55 11) 4688-6361 (From Brazil)
Access code: ARTERIS
Replay*: +55 (11) 4688-6312
Replay code: 9513090#
* A replay facility will be available between May 08 to 14, 2013.
A slide presentation will be available for download on Investor Relations website www.arteris.com.br/ri 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 Companys Investor Relations website after the event.