Cielo - 19.5% Increase in Financial Volume and EBITDA Margin of 58.5% in 3Q12
BARUERI, Brazil, Oct. 23, 2012
BARUERI, Brazil, Oct. 23, 2012 /PRNewswire/ -- Cielo S.A. (Bovespa: CIEL3 /
OTC: CIOXY) announces today its results for the third quarter of 2012. The
Company's consolidated financial statements are presented in accordance with
the International Financial Reporting Standards (IFRS) issued by the
International Accounting Standards Board (IASB) and in accordance with the
accounting practices adopted in Brazil.
oTransaction financial volume under the market criterion totaled R$96.3
billion, up 19.5% or R$15.7 billion year-on-year; under the accounting
criterion, the volume was R$95.8 billion, up 20.0% year-on-year;
oTotal revenues (net operating + prepayment of receivables) totaled R$1.6
billion, up 28.1% or R$340.7 million year-on-year and 5.5% or R$81.5
oEBITDA of R$782.5 million, up 32.1% or R$190.2 million year-on-year and
11.0% or R$77.4 million quarter-on-quarter;
oEBITDA margin at 58.5%, up 2.4 p.p. year-on-year and up 2.6 p.p.
oCielo's net income totaled R$588.9 million, up 28.7% or R$75.7 million
year-on-year and 7.3% or R$40.0 million quarter-on-quarter;
oCielo's adjusted net income margin at 38.0%, up 0.2 p.p. year-on-year and
0.7 p.p. quarter-on-quarter;
oCielo concluded the acquisition of 100% of the capital stock of U.S.
company Merchant e-Solutions (MeS), a global provider of payment
solutions, reinforcing its strategy of differentiation;
oCielo wins the "Best and Biggest" award from Exame magazine for the sixth
consecutive year as the best service industry company. The Company was
also chosen for the twelfth consecutive year as one of the "Best Companies
To Work For" by the guide in Voce S/A magazine, and was also awarded best
financial services company in the Epoca Negocios 360o Annual Report from
Epoca Negocios magazine. Cielo was also recognized as the best financial
services company in the " As 1000 melhores da Dinheiro 2012" ranking from
Istoe Dinheiro magazine. Additionally, Cielo achieved the top spot in the
Institutional Investor Magazine general ranking in: Best IR Team, Best
CEO, Bet CFO and Best IR Professional in the Financials ex-Banks sector
according to both the buy-side and the sell-side in Latin America.
Click on the link below to open the earnings release:
3Q12 Earnings Conference Call
October 24, 2012
09:30 a.m. (NY) | 11:30 a.m. (Brasilia)
Phone: +1 786 924-6977
08:00 a.m. (NY) | 10:00 a.m. (Brasilia)
Phone: +55 11 4688 6361
Investor Relations Director
+55 11 2596 1735
SOURCE Cielo S.A.
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