BARUERI, Brazil, Nov. 4, 2013 /PRNewswire/ -- Cielo S.A.
(BM&FBOVESPA: CIEL3 / OTC: CIOXY) announces today its results
for the third quarter of 2013. The Company's consolidated financial
statements are presented in accordance with the International
Financial Reporting Standards (IFRS) issued by the International
Accounting Standards Board (IASB) and in accordance with the
accounting practices adopted in Brazil.
3Q13 HIGHLIGHTS
- Transaction financial volume in the market criterion
totaled R$113.2 billion, up
17.6% year-on-year, or R$16.9
billion; in the accounting criterion, the volume was
R$112.8 billion, up 17.8%
year-on-year or R$17.0
billion;
- Net Operating Revenue of R$1.7
billion, up 31.6% or R$417.6 million year-on-year and 8.4%
or R$134.4 million
quarter-on-quarter;
- Net revenue from Prepayment of Receivables*
totaled R$146.7 million, up
9.5% or R$12.7 million
year-on-year and 8.9% or R$12.0
million quarter-on-quarter;
- Prepayment of Receivables reached 16.6% over
total credit volume, increase of 6.1 p.p. year-on-year and up 0.5
p.p. quarter-on-quarter;
- EBITDA of R$929.7
million, up 19.0% or R$148.7 million year-on-year and increase of
8.2% or R$70.6 million
quarter-on-quarter;
- EBITDA margin at 53.5%, down 5.6 p.p.
year-on-year and stable quarter-on-quarter;
- Cielo's net income totaled R$689.2 million, up 17.0% or
R$100.3 million year-on-year
and up 10.6% or R$65.9
million quarter-on-quarter;
- Cielo's net income margin at 39.6%, down 4.9 p.p.
year-on-year and increase of 0.8 p.p. quarter-on-quarter;
*Net funding costs revenue (see explanation in management
analysis of Prepayment of Receivables Revenue)
Click on the link below to open the earnings release:
http://cielo.riweb.com.br/ShowResultado.aspx?IdResultado=a36dxQo7tRWDRSBCw45ERg==&linguagem=en
3Q13 Earnings Conference Call
November 05, 2013
ENGLISH
09:00 a.m. (NY) | 12:00 p.m. (Brasilia)
Phone: +1 786 924-6977
Code: Cielo
PORTUGUESE
07:30 a.m. (NY) | 10:30 a.m. (Brasilia)
Phone: +55 11 4688 6361/+ 55 11 2104-8901
Code: Cielo
Investor Relations Director
Roberta Noronha
rnoronha@cielo.com.br
+55 11 2184-3739
SOURCE Cielo S.A.