Investor Relations



Arteris announces its 2Q14 consolidated earnings results

São Paulo, August 07, 2014.

Arteris (Novo Mercado Bovespa: ARTR3) announces its 2Q14 consolidated earnings results


Tolled Traffic: On a same-comparison basis, i.e. excluding non-recurring effects, growth came to 1.5% in the quarter and 3.4% in the first half.

Toll Plazas Revenue: Toll plaza revenue amounted to R$581.4 million in 2Q14, 4.1% up on 2Q13, with the state and federal highways recording respective growth of 6.9% and 0.4%. In 1H14, the Company recorded toll plaza revenue of R$1.2 billion, up by 5.6%.

EBITDA: EBITDA totaled R$299.4 million in the second quarter with an EBITDA margin of 55.6%. Year-to-date EBITDA increased by 8.1% to R$615.8 million, while the margin widened by 1.3 p.p.

Net Income: Arteris posted net income of R$92 million in 2Q14, 14% down on 2Q13, chiefly due to the financial result and amortization payments, and R$192.8 million in 1H14, 3.4% less than in the first six months of 2013.

Debt: Net debt closed 2Q14 at R$3.7 billion, 12.5% higher than in the previous quarter. The leverage ratio, as measured by Net Debt / Adjusted EBITDA less Fixed Concession Fee (last 12 months) was 2.7x.
Investments: Investments in fixed and intangible assets and highway maintenance totaled R$426.1 million in 2Q14 and R$801.8 million in 1H14.

To download the 2Q14 earnings release, click here.

Conference Call in English

We request participants to dial in approximately 10 minutes prior to the conference.

Date: 08/08/2014 (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: 2335603#

* A replay facility will be available between 08/08/14 and 08/14/14.
A slide presentation will be available for download on Investor Relations website a few minutes before the event.

The Conference Call will be broadcast live over the internet through the link and will be available on the Company’s Investor Relations website after the event.

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