Cielo: 12.2% Increase in Financial Volume and Net Income of R$641 Million in
BARUERI, Brazil, May 2, 2013
BARUERI, Brazil, May 2, 2013 /PRNewswire/ -- Cielo S.A. (BM&FBOVESPA: CIEL3 /
OTC: CIOXY) announces today its results for the first quarter of 2013. 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$97.6
billion, up 11.6% or R$10.2 billion as compared to 1Q12; under the
accounting criterion, the volume was R$98.8 billion, up 12.2% year-on-
year, or R$10.7 billion;
oNet Operating Revenue of R$1.5 billion, up 28.4% or R$342.2 million
year-on-year, but down 2.8% or R$45.0 million quarter-on-quarter;
oEBITDA of R$874.5 million, up 13.8% or R$105.9 million year-on-year and
5.8% or R$48.3 million quarter-on-quarter;
oEBITDA margin at 56.5%, down 7.3 p.p. year-on-year and up 4.6 p.p.
oCielo's net income totaled R$640.9 million, up 13.1% or R$74.3 million
year-on-year and 5.0% or R$30.6 million quarter-on-quarter;
oCielo's net income margin at 41.4%, down 5.6 p.p. year-on-year and up 3.1
Click on the link below to open the earnings release:
1Q13 Earnings Conference Call
May 03, 2013
10:30 a.m. (NY) | 11:30 a.m. (Brasilia)
Phone: +1 786 924-6977
09:00 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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