2017-03-24T09:05:05 4Q16 Earnings Release
(World News Brazil)

Rio de Janeiro, March 23, 2017. Operational Highlights (GWh) 4Q16 4Q15 Var. % 2016 2015 Var. % Company`s new management first full year with losses reaching the lowest level since 2012 and positive outlook with Tariff Review`s approval Highlights Financial Highlights (R$ MN) 4Q16 4Q15 Var. % 2016 2015 Var. % Total Energy Market (billed) increased 0.6% in the quarter compared to 4Q15, reaching 6,533 GWh, presenting the following variations in each segment: +9.1% (residential), -4.3% (commercial) and -0.3% (industrial). The billed consumption in the 4Q16 had a positively influence by recovered energy. Adjusted EBITDA totaled R$ 494 million in 4Q16, 29.8% above the 4Q15 mainly due to an...