February 22, 2017 2:03 AM ET

Electric Utilities

Company Overview of Codensa S.A. E.S.P.

Company Overview

Codensa S.A. E.S.P. engages in the distribution and commercialization of electric energy in Colombia. The company operates in approximately 97 municipalities of Cundinamarca, 8 municipalities of Boyacá, and 1 municipality of Tolima. It serves corporate, construction, and telecommunication clients. The company was founded in 1997 and is headquartered in Bogotá, Colombia. Codensa S.A. E.S.P. is a subsidiary of Empresa de Energía de Bogotá S.A. E.S.P.

Carrera 13A

No. 93-66



Founded in 1997

Key Executives for Codensa S.A. E.S.P.

Chief Executive Officer, Infrastructure & Networks Manager and Director
Chief Financial Officer
Age: 48
General Counsel
Human Resources Officer
Country Manager, Director and Member of Good Governance & Evaluation Committee
Compensation as of Fiscal Year 2016.

Codensa S.A. E.S.P. Key Developments

Codensa S.A. E.S.P., Nine Months 2016 Earnings Call, Nov 01, 2016

Codensa S.A. E.S.P., Nine Months 2016 Earnings Call, Nov 01, 2016

Codensa S.A. E.S.P. to Report First Half, 2016 Results on Jul 26, 2016

Codensa S.A. E.S.P. announced that they will report first half, 2016 results on Jul 26, 2016

Codensa S.A. E.S.P. Announces Earnings Results for the First Half of 2016

Codensa S.A. E.S.P. announced earnings results for the first half of 2016. For the period, the company reported revenues of COP 2,011,361 million against COP 1,776,305 million a year ago. EBITDA was COP 674,134 million against COP 594,763 million a year ago. EBIT was COP 546,636 million against COP 470,667 million a year ago. Net income was COP 273,132 million against COP 234,577 million a year ago. Net financial debt was COP 1,202,991 million against COP 1,004,184 million a year ago. Revenues grew mainly due to increases in the Producer Price Index (PPI) and Consumer Price Index (CPI) to date affecting positively the company's trading fee. CODENSA's net financial debt increased mainly due to the increased use of resources obtained from international banks to support the company's investment programme.

Recent Private Companies Transactions

No transactions available in the past 12 months.

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