CEMAR Announces Consolidated Earnings Results for the Fourth Quarter and Full Year of 2015
March 11, 2016 at 03:27 am EST
CEMAR announced consolidated earnings results for the fourth quarter and full year of 2015. For the quarter, the company's net operating revenues were BRL 781 million against BRL 938 million a year ago. EBITDA was BRL 146 million against BRL 372 million a year ago. Service income (EBIT) was BRL 104 million against BRL 329 million a year ago. Financial result was BRL 45 million against loss of BRL 30 million a year ago. Earnings before taxes (EBT) were BRL 149 million against BRL 299 million a year ago. Net income was BRL 123 million against BRL 224 million a year ago. Accounting EBITDA (CVM) was BRL 146 million against BRL 370 million a year ago. Adjusted accounting EBITDA was BRL 168 million against BRL 370 million a year ago. Regulatory EBITDA was BRL 168 million against BRL 161 million a year ago. Accounting net income was BRL 123 million against BRL 224 million a year ago. Adjusted accounting net income was BRL 121 million against BRL 223 million a year ago. Adjusted regulatory net income was BRL 121 million against BRL 17 million a year ago.
For the year, the company's net operating revenues were BRL 2,743 million against BRL 2,484 million a year ago. EBITDA was BRL 578 million against BRL 641 million a year ago. Service income (EBIT) was BRL 423 million against BRL 494 million a year ago. Financial result was BRL 20 million against loss of BRL 94 million a year ago. Earnings before taxes (EBT) were BRL 443 million against BRL 401 million a year ago. Net income was BRL 364 million against BRL 335 million a year ago. Accounting EBITDA (CVM) was BRL 578 million against BRL 641 million a year ago. Adjusted accounting EBITDA was BRL 623 million against BRL 640 million a year ago. Regulatory EBITDA was BRL 623 million against BRL 571 million a year ago. Accounting net income was BRL 364 million against BRL 335 million a year ago. Adjusted accounting net income was BRL 377 million against BRL 362 million a year ago. Adjusted regulatory net income was BRL 377 million against BRL 375 million a year ago.