CELPA announced consolidated earnings results for the fourth quarter and year ended December 31, 2018. For the quarter, the company reported operating revenues of BRL 1,991,519,000 against BRL 2,102,405,000 a year ago. Net operating revenues were BRL 1,482,676,000 against BRL 1,492,800,000 a year ago. Operating income was BRL 376,007,000 against BRL 285,995,000 a year ago. Net income was BRL 271,981,000 against BRL 365,911,000 a year ago. For the year, the company reported operating revenues of BRL 7,699,105,000 against BRL 7,329,618,000 a year ago. Net operating revenues were BRL 5,491,536,000 against BRL 5,138,663,000 a year ago. Operating income was BRL 797,986,000 against BRL 730,022,000 a year ago. Net income was BRL 455,393,000 against BRL 613,531,000 a year ago.