Cielo - 14.2% Increase In Financial Volume, Net Income Of R$623 Million And EBITDA Margin Of 53.5% In 2Q13

 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.


  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
  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.
  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:

2Q13 Earnings Conference Call
August 07, 2013

10:30 a.m. (NY) | 11:30 a.m. (Brasilia)
Phone: +1 786 924-6977
Code: Cielo

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
+55 11 2184-3739

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