CCR: Results for the 2nd quarter of 2014

                   CCR: Results for the 2nd quarter of 2014  PR Newswire  SAO PAULO, Aug. 11, 2014  SAO PAULO, Aug. 11, 2014 /PRNewswire/ --CCR S.A. (CCR), Brazil's largest road concession operator in terms of revenue, announces its results for the second quarter of 2014 (2Q14).  2Q14 Highlights    oConsolidated traffic increased 3.9%.   oThe number of STP (electronic payment) users climbed by 13.6% to 4,525,000     active tags.   oSame-basis² adjusted EBITDA increased by 4.1%, with an adjusted margin of     63.8% (-0.3 p.p.). The same comparison on a proforma basis posted growth     of 5.2%, with a margin of 63.9%.   oSame-basis² net income totaled R$292.9 million, a 3.8% reduction in 2Q14.   oCCR's Executive Board proposed the distribution of interim dividends of     R$0.65 per share.                            IFRS                      Proforma Financial Indicators (R$  2Q13    2Q14    Chg %     2Q13    2Q14    Chg % MM) Net Revenues^1            1,246.8 1,317.7 5.7%      1,442.7 1,507.2 4.5% Adjusted Net Revenues on  1,239.6 1,297.5 4.7%      1,414.7 1,487.0 5.1% the same basis^2 EBIT                      589.0   563.0   -4.4%     668.4   653.4   -2.2% Adjusted EBIT Mg.^3       47.2%   42.7%   -4.5 p.p. 46.3%   43.4%   -2.9 p.p. EBIT on the same basis^2  588.8   597.4   1.5%      667.4   690.7   3.5% EBIT Mg. on the same      47.5%   46.0%   -1.5 p.p. 47.2%   46.4%   -0.8 p.p. basis^2 Adjusted EBITDA^4         797.0   797.5   0.1%      908.0   916.9   1.0% Adjusted EBITDA Mg.^3     63.9%   60.5%   -3.4 p.p. 62.9%   60.8%   -2.1 p.p. Adjusted EBITDA on the    795.1   828.0   4.1%      903.5   950.1   5.2% same basis^2 Adjusted EBITDA Mg. on    64.1%   63.8%   -0.3 p.p. 63.9%   63.9%   - the same basis^2 Net Income                304.4   275.8   -9.4%     304.4   275.8   -9.4% Net Income on the same    304.4   292.9   -3.8%     304.1   292.9   -3.7% basis² Net Debt / Adjusted       2.0     2.0     -         2.0     2.0     - EBITDA LTM (x) Adjusted EBITDA /         4.0     1.7     -         4.0     1.8     - Performed investments (x) Adjusted EBITDA / Interest and Monetary     5.4     3.6     -         5.7     3.9     - Variation (x)  1- Net revenue excludes construction revenue.  2- Adjustment excluding New Businesses, which are not operating yet (MSVia, Metro Bahia and BH Airport) and Curacao International Airport. In addition, on a proforma basis, it excludes Controlar, ViaRio and VLT.  3- The Adjusted EBIT and EBITDA margins were calculated by dividing EBIT and EBITDA by net revenue, excluding construction revenue, as required by IFRS, whose counter-entry of the same amount impacts total costs.  4- Calculated excluding non-cash expenses: depreciation and amortization, the provision for maintenance and the recognition of prepaid concession expenses.  Upcoming Events  Conference Calls In Portuguese:                           In English: Tuesday, August 12, 2014                 Tuesday, August 12, 2014 11:00 a.m. Sao Paulo / 10:00 a.m. New    12:00 p.m. Sao Paulo / 11:00 a.m. New York                                     York Phones: (11) 3193-1001                   Brazil: (11) 3193-1001 (11) 2820-4001                           (11) 2820-4001 Code: CCR                                US: (+1) 888-700-0802 Replay: (11) 3193-1012                   Other countries: (+1) 786-924-6977 (11) 2820-4012                           Code: CCR Code: 2094313#                           Replay: (11) 3193-1012                                          (11) 2820-4012                                          Code: 8932083# Webcast: www.ccr.com.br/investidores  IR Contacts Marcus Macedo (+55 11) 3048-5941 Flavia Godoy: (+55 11) 3048-5955 Daniel Kuratomi: (+55 11) 3048-6353 Leandro Mathias: (+55 11) 3048-2108  SOURCE CCR S.A.  Website: http://www.ccr.com.br/investidores  
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