Paranapanema Q413 Loss BRL5.84m; Reversing From a BRL40.8m 4Q13

Paranapanema Q413 sales BRL1.68b; from BRL1.28b in 4Q12; +32% * Paranapanema Q413 adj Ebtida BRL78.9m; from BRL49.3m in 4Q12

To contact the reporter on this story: Telma Marotto in em Sao Paulo at tmarotto1@bloomberg.net

To contact the editor responsible for this story: Telma Marotto at tmarotto1@bloomberg.net

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