SAO PAULO, Nov. 7, 2013 /PRNewswire/ -- TPI - Triunfo Participacoes e Investimentos S.A. (BM&FBOVESPA: TPIS3, OTC: TPIUY), one of Brazil's leading infrastructure companies, with concessions in the toll road, port administration, power generation, cabotage and airport administration segments, announces its results for the third quarter of 2013 (3Q13). The full earnings release is also available on Triunfo's website: www.triunfo.com/ri

3Q13 Highlights

  • Adjusted net revenue of R$264.6 million (+24.7%) in 3Q13 and R$761.3 million (+25.7%) in 9M13. 
    •  Consolidated traffic volume increased 5.7% in 3Q13, reaching 21.3 million vehicle equivalents[i], and 4.8% in 9M13.
    •  Container handling at Portonave totaled 188,100 TEUs[ii] in 3Q13, an increase of 5.6%. Growth in 9M13 was 13.7%. 
    • Energy sold in 3Q13 and 9M13 totaled 165.2 GWm and 459.8 GWm, respectively. 
    •  Cabotage volume totaled 15,200 TEUs in 3Q13 (+12.8%) and 36,500 TEUs in 9M13 (+23.3%).
    •  Viracopos Airport handled 2.3 million passengers and 59,800 tons of cargo in 3Q13.
  • Adjusted EBITDA totaled R$119.4 million (+18.1%) in the quarter, with margin of 45.1%. In 9M13, adjusted EBITDA was R$371.7 million (+24.0%), with margin of 48.8%. LTM adjusted EBITDA stood at R$491.4 million
  • Net income of R$4.6 million and Dividend Calculation Base of R$18.2 million in 3Q13. In 9M13, the Dividend Calculation Base was R$43.0 million.

Conference Call in Portuguese with simultaneous translation into English
Friday, November 8, 2013.
11:00 a.m. (Brasilia) / 08:00 a.m. (US ET)

Dial-in:

+55 11 4688 6361 (Brazil)
+1 (786) 924-6977 (Other countries)
Code: Triunfo

Investor Relations Department
Tel: +55-11-2169-3999
Email: ri@triunfo.com

[i] Vehicle equivalent unit (VEU) is a measure based on the total number of toll-paying vehicles, taking into account their respective toll multiplication factors.

[ii] TEU: Twenty-foot equivalent unit – unit equivalent to a 20-foot container.

SOURCE Triunfo Participacoes e Investimentos S.A.

Copyright 2013 PR Newswire

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