Equatorial SA (OTCPK:EQUEY)
$ 5.104 -0.066 (-1.28%) Market Cap: 6.36 Bil Enterprise Value: 14.24 Bil PE Ratio: 14.22 PB Ratio: 1.43 GF Score: 88/100
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Q1 2019 Equatorial Energia SA Earnings Call Transcript

May 15, 2019 / 04:00PM GMT
Release Date Price: $4.07 (+6.54%)
Operator

Good morning, ladies and gentlemen, and welcome to the audio conference call of Equatorial Energia. Thank you for standing by. (Operator Instructions)

As a reminder, this conference is being recorded.

I would now like to turn the conference over to Mr. Eduardo Haiama, CFO. Please go ahead, sir.

Eduardo Haiama
Equatorial Energia S.A. - CFO, IR Officer & Member of the Executive Board

Good morning, everyone. First of all, I'd like to thank you all for joining us in our first quarter conference call. As for our agenda for today, I'll start the conference call describing the highlight of this quarter. Then I'll comment on our operating financial results, give you an update on the development of the transmission projects. And finally, we will open the Q&A session.

Moving on Slide 3 as for the highlights for the quarter. In the first quarter, Equatorial's consolidated EBITDA reached BRL 600 million. This figure was impacted by the consolidation of CEPISA, which already posted a positive result, and also the adoption of IFRS 15 for

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