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The company declared net operating revenues for the first half of 2008 of BRL2.668.5m, an improvement of 8.0% as compared to the first half of 2007.
For the first half of 2008, net income was BRL613m (BRL2.24 per share) 16.9% variation as compared with the first half of 2007. In the second quarter 2008, net income was reportedly BRL357.5m.
EBITDA for the first half of 2008 was reported as BRL1,039.3m. In the second quarter 2008, EBITDA was BRL591.7m. According to the company, the total power consumption billed to captive customers grew 5.9% over the second quarter in the previous year. The grid market was raised 6.7%.
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The Connors Group, Inc. ("Company") is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. The analysts and employees or affiliates of Company may hold positions in the stocks, currencies or industries discussed here. You understand and acknowledge that there is a very high degree of risk involved in trading securities and/or currencies. The Company, the authors, the publisher, and all affiliates of Company assume no responsibility or liability for your trading and investment results. Factual statements on the Company's website, or in its publications, are made as of the date stated and are subject to change without notice.
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