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February 12, 2016 2:00 AM ET

Electric Utilities

Company Overview of Companhia Piratininga de Força e Luz

Company Overview

Companhia Piratininga de Força e Luz is engaged in the distribution and trading of electricity under a public service concessionaire agreement. It provides its services to residential, commercial, and industrial customers in 27 municipalities of the State of São Paulo, Brazil. The company was founded in 2000 and is based in Campinas, Brazil. Companhia Piratininga de Força e Luz operates as a subsidiary of CPFL Energia S.A.

Rodovia Engenheiro Miguel Noel Nascentes Burnier, Km 2,5

Parque São Quirino

Campinas, SP 13088-900

Brazil

Founded in 2000

Key Executives for Companhia Piratininga de Força e Luz

Chief Executive Officer
Age: 56
Vice President of the Board of Directors, Chief Financial & Investor Relations Officer and Director
Age: 41
Chief Energy Management Officer
Chief Regulatory Affairs Officer
Chief Distribution Officer
Compensation as of Fiscal Year 2015.

Companhia Piratininga de Força e Luz Key Developments

CPFL Piratininga Announces Pro-Forma Earnings Results for the Second Quarter and First Half of 2015

CPFL Piratininga announced pro-forma earnings results for the second quarter and first half of 2015. For the quarter, net operating revenue was BRL 970,711,000 against BRL 647,861,000 a year ago. EBIT was BRL 41,489,000 against BRL 40,979,000 a year ago. EBITDA was BRL 66,618,000 against BRL 63,528,000 a year ago. Income before taxes was BRL 53,620,000 against BRL 22,806,000 a year ago. Net income was BRL 37,487,000 against BRL 12,865,000 a year ago. For the first half, net operating revenue was BRL 1,968,569,000 against BRL 1,358,939,000 a year ago. EBIT was BRL 158,620,000 against BRL 87,314,000 a year ago. EBITDA was BRL 206,705,000 against BRL 132,383,000 a year ago. Income before taxes was BRL 131,447,000 against BRL 55,560,000 a year ago. Net income was BRL 86,031,000 against BRL 32,486,000 a year ago.

CPFL Piratininga Announces Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2014

CPFL Piratininga announced earnings results for the fourth quarter and full year ended December 31, 2014. For the quarter, the company reported net operating revenue of BRL 1,038,319,000 compared to BRL 665,803,000 a year ago. EBIT was BRL 265,981,000 compared to BRL 50,492,000 a year ago. EBITDA was BRL 289,183,000 compared to BRL 72,383,000 a year ago. Net income was BRL 179,459,000 compared to BRL 39,798,000 a year ago. Net income (IFRS+ Regulatory Assets & Liabilities) was BRL 65,954,000 compared to BRL 107,931,000 a year ago. EBITDA (IFRS+ Regulatory Assets & Liabilities) was BRL 123,471,000 compared to BRL 156,833,000 a year ago. For the year, the company reported net operating revenue of BRL 3,027,400,000 compared to BRL 2,480,262,000 a year ago. EBIT was BRL 361,775,000 compared to BRL 206,034,000 a year ago. EBITDA was BRL 452,905,000 compared to BRL 292,364,000 a year ago. Net income was BRL 187,715,000 compared to BRL 82,985,000 a year ago. Net income (IFRS+ Regulatory Assets & Liabilities) was BRL 198,270,000 compared to BRL 555,808,000 a year ago. EBITDA (IFRS+ Regulatory Assets & Liabilities) was BRL 449,899,000 compared to BRL 777,855,000 a year ago.

Companhia Piratininga De Forca E Luz., Board Meeting, Sep 24, 2014

Companhia Piratininga De Forca E Luz., Board Meeting, Sep 24, 2014. Agenda: To consider and approve, among other matters, the amendment to the policy on the disclosure of material act or fact, to reflect the changes provided for in CVM Instruction 547 of February 5, 2014, allowing the disclosure of material acts or facts through (i) publication in mass circulation newspapers normally used by the companies, or (ii) the disclosure in a news portal, providing the link to a website that provides the entire information in a free access section.

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