Engie Brasil Energia S.A. announced earnings results for the second quarter and six months of 2018. For the quarter, the company reported net-operating revenue with a variation of 26.9% quarter-on-quarter or and 21.8% compare the first half 2017 to 2018. EBITDA was BRL 42.4 million in the quarter, especially because of portfolio management and obviously also because of the increase in the volume of contracts and prices. Net income had an increase of 20% in the quarter and year-to-date in the first half of the yearly increase of 14.5%, total net debt went to BRL 6.2 billion, approximately, that's in contrast to BRL 1.5 billion in the second half last year.

For the first half of the year, the company's net sales came to BRL 2.1 billion, a significant growth of 27% as compared to the second quarter last year. EBITDA grew even more, it grew 42% almost BRL 1 billion in this quarter. It's a growth not just compared to Second Quarter of last year, but also along this year we've seen a significant growth of this quarter. Net Income has gone slightly less, because of what already explained, but still growing 20% as compared to the second quarter last year.

For 2018, the company is expecting to have a CapEx of about BRL 3,000,700,000 more or less distributed between Umburanas, Campo Largo and [ Tambas]. And they are funded by debt. So one part is in the company's cash and the rest is going to go. And next year, CapEx is BRL 1 billion, also distributed between Campo, Umburanas and transmission. The CapEx only starts a little bit next year and more in 2020. And the company is growing to have more debt in 2019, also but most of it with the [ NDS ]. In this manner, the company is going to increase net debt of the company, the net debt over EBITDA.