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.