CELPA Announces Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2017
CELPA announced earnings results for the fourth quarter and full year ended December 31, 2017. For the quarter, the company’s net operating revenues were BRL 1,480,953,000 compared to BRL 1,399,184,000 a year ago. EBITDA was BRL 353,142,000 compared to BRL 277,856,000 a year ago. Operating income was BRL 285,993,000 compared to BRL 218,388,000 a year ago. Income before tax was BRL 233,592,000 compared to BRL 138,551,000 a year ago. Net income was BRL 365,908,000 compared to BRL 118,454,000 a year ago.
For the year, the company’s net operating revenues were BRL 5,150,974,000 compared to BRL 4,574,367,000 a year ago. EBITDA was BRL 972,661,000 compared to BRL 827,742,000 a year ago. Operating income was BRL 730,022,000 compared to BRL 600,288,000 a year ago. Income before tax was BRL 522,727,000 compared to BRL 421,479,000 a year ago. Net income was BRL 613,531,000 compared to BRL 351,555,000 a year ago.