CURITIBA, Brazil, May 5, 2021 /PRNewswire/ -- Companhia
Paranaense de Energia - COPEL ("Company"), a company that
generates, transmits, distributes and trades energy, with shares
and stock deposit certificates (UNITs) listed on B3 S.A. - Brasil,
Bolsa, Balcão (CPLE3, CPLE5, CPLE6, CPLE11), on the NYSE (ELP) and
LATIBEX (XCOP, XCOPO, XCOPU), announces its results for the first
quarter of 2021 and would like to invite you all for its conference
call on Thursday to discuss its results.
In 1Q21, earnings before interest, taxes, depreciation and
amortization reached R$ 1,303.2
million, 18.8% higher than the R$
1,096.8 million recorded in 1Q20. This result reflects,
basically, the growth of 31, 4% in the "electricity sales to
distributors" line, mainly due to the sale of 687 GWh of energy
produced by TTP Araucária ("UEGA") in 1Q20 and the higher volume of
electricity sold in bilateral contracts by Copel Mercado Livre;
(ii) the 7.9% increase in the "use of the main distribution and
transmission grid" line, the effect of the 2.6% growth in the
DISCO's grid market and the periodic tariff review of the 060/2001
transmission agreement and the tariff readjustment applied to other
transmission agreements in July 2020
and (iii) the 42.2% reduction in the "provisions and reversals"
line, partially offset by the 12.7% increase in "electricity
purchased for resale" and 22.7% in third-party services.
The complete release is available at the Company's website:
ir.copel.com
Conference Call: May 6, 2021 –
THURSDAY
English: 1:00 p.m. –
UST
Dial
in number: +1 (646) 843-6054
Access
Code: Copel
(Simultaneous
translation into English)
Live webcast at ir.copel.com
Contacts: Investor Relations – COPEL
Phone: (55 41) 3331-4011
E-mail:ri@copel.com
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SOURCE Copel - Companhia Paranaense de Energia
