Cielo - 14.2% Increase In Financial Volume, Net Income Of R$623 Million And EBITDA Margin Of 53.5% In 2Q13 PR Newswire BARUERI, Brazil, Aug. 6, 2013 BARUERI, Brazil, Aug. 6, 2013 /PRNewswire/ -- Cielo S.A. (BM&FBOVESPA: CIEL3 / OTC: CIOXY) announces today its results for the second 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. 2Q13 HIGHLIGHTS oTransaction financial volume in the market criterion totaled R$106.4 billion, up 14.2% year-on-year, or R$13.2 billion; in the accounting criterion, the volume was R$104.7 billion, up 14.1% year-on-year or R$12.9 billion; oNet Operating Revenue of R$1.6 billion, up 28.9% or R$359.5 million year-on-year and increase of 3.7% or R$58.0 million quarter-on-quarter; oNet revenue from Prepayment of Receivables* totaled R$143.1 million, an increase of 6.8% compared to 2Q12, or R$9.1 million, and an increase of 14.3% compared to 1Q13, or R$17.8 million; oEBITDA of R$859.1 million, up 22.0% or R$154.7 million year-on-year and decrease of 1.8% or R$15.4 million quarter-on-quarter; oEBITDA margin at 53.5%, down 3.1 p.p. year-on-year and 3.0 p.p. quarter-on-quarter; oCielo's net income totaled R$623.3 million, up 13.6% or R$74.5 million year-on-year and down 2.7% or R$17.5 million quarter-on-quarter; oCielo's net income margin at 38.8%, down 5.2 p.p. year-on-year and down 2.6 p.p. quarter-on-quarter; * Prepayment Revenue net of funding costs (see explanation in management analysis of Prepayment of Receivables Revenue) Click on the link below to open the earnings release: http://cielo.riweb.com.br/ShowResultado.aspx?IdResultado=LFzBe/vKgFE7UT3Ws3n%20Aw==&linguagem=en 2Q13 Earnings Conference Call August 07, 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/+55 11 2104-8901 Code: Cielo Investor Relations Director Roberta Noronha firstname.lastname@example.org +55 11 2184-3739 SOURCE Cielo S.A.
Cielo - 14.2% Increase In Financial Volume, Net Income Of R$623 Million And EBITDA Margin Of 53.5% In 2Q13