Cielo: 12.2% Increase in Financial Volume and Net Income of R$641 Million in 1Q13 PR Newswire 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. 1Q13 HIGHLIGHTS 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. quarter-on-quarter; 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 p.p. quarter-on-quarter; Click on the link below to open the earnings release: http://cielo.riweb.com.br/ShowResultado.aspx?IdResultado=VaIeAdR6PMoBgauIzpC4kg==&idcanal=12AmBqTTL/eTnV0CBWYuOA==&linguagem=en 1Q13 Earnings Conference Call May 03, 2013 ENGLISH 10:30 a.m. (NY) | 11:30 a.m. (Brasilia) Phone: +1 786 924-6977 Code: Cielo PORTUGUESE 09:00 a.m. (NY) | 10:00 a.m. (Brasilia) Phone: +55 11 4688 6361 Code: Cielo Investor Relations Director Roberta Noronha email@example.com +55 11 2596 1735 SOURCE Cielo S.A. Website: http://cielo.riweb.com.br/ShowResultado.aspx?IdResultado=VaIeAdR6PMoBgauIzpC4kg==&idcanal=12AmBqTTL/eTnV0CBWYuOA==&linguagem=en
Cielo: 12.2% Increase in Financial Volume and Net Income of R$641 Million in 1Q13
Press spacebar to pause and continue. Press esc to stop.