CELPA reported earnings results for the first quarter of 2016. For the period, the company reported net operating revenue of BRL 984,963 million against BRL 969,457 million a year ago. EBITDA was 123,023 million against BRL 96,462 million a year ago. EBIT was BRL 99,470 million against BRL 40,107 million a year ago. Result before income tax was BRL 36,753 million against BRL 63,052 million a year ago. Net income was BRL 35,912 million against BRL 43,147 million a year ago. Adjusted EBITDA was BRL 106 million against BRL 84 million a year ago. Adjusted net income was BRL 56 million against adjusted net loss of BRL 24 million a year ago.