2Q09 Results: VIVO Participacoes S.A.
29 7월 2009 - 8:00PM
PR Newswire (US)
SAO PAULO, July 29 /PRNewswire-FirstCall/ -- VIVO Participacoes
S.A. (VIVO) (Bovespa: VIVO3 [ON = Common Shares] / VIVO4 [PN =
Preferred Shares]; NYSE: VIV), announced its consolidated results
for the second quarter 2009 (2Q09) and for year 2009. The best
service plans, nationwide coverage, the best and largest WCDMA
coverage in Brazil, and its position as the operator with the best
Customer Assistance Performance rate (IDA), created in the
beginning of this year by the National Telecommunications Agency
(Anatel)- having been awarded mark 100, in June, strengthen its
position summarized in its slogan: "Vivo - Connection Like Any
Other Available"("Vivo - Conexao como nenhuma outra"). Vivo has
continued to make every effort to be the best option among all the
mobile telephone operators in Brazil, thus enabling people to
connect themselves each time more, at any time, in any place. This
is the way how Vivo has managed to ensure sustainable results and
reaffirm its market leader position. R$million 2Q09 1Q09 2Q08 Net
Revenue 3,935.7 4,020.1 3,791.3 Total Operating Costs (2,737.9)
(2,816.2) (2,949.6) EBITDA 1,197.8 1,203.9 841,7 EBITDA Margin (%)
30.4% 29.9% 22.2% Net Result 172.4 123.5 (63.9) Number of customers
(thousand) 46,819 45,641 40.435 Market share 29.3% 29.7% 30.4% Net
Additions (thousand) 1,178 696 2,125 In June, Vivo's customer base
reached 46,819 thousand customers, with a 29.3% market share,
reaffirming its leadership in the domestic market; The customer
base grew 15.8% in the quarter when compared to the same period of
last year; In 2Q09, Vivo managed to attract 1,178 thousand new
customers, with 19.8% in share of net additions, a growth of 69.3%
when compared to 1Q09; Net Service Revenue of R$ 3,630.0 million,
an increase of 7.1% over 2Q08; EBITDA margin in the quarter of
30.4%, a growth of 8.2 percentile points over 2Q08, and 0.5
percentage points over 1Q09. EBITDA reached R$ 1,197.8 million in
the quarter, a growth of 42.3% in comparison with 2Q08; Net profit
of R$ 172.4 million in the quarter, 39.6% higher than the figure
recorded for 1Q09; R$295.9 million year-to-date, 26.3% higher than
the amount recorded in the same period of the previous year;
Increase of 161% in operating cash generation before investment and
financing activities, obtained from the "Indirect Cash Flow", in
the comparison of 2Q09 over 1Q09, totaling R$ 1,616.2 million in
the quarter. After investment activities it recorded a cash
generation of R$ 1,010.8 million. To download the complete version
of the Company's earnings release, please visit our website:
http://www.vivo.com.br/ir DATASOURCE: VIVO Participacoes S.A.
CONTACT: VIVO - Investor Relations, Ernesto Gardelliano, or Carlos
Raimar Schoeninger, or Janaina Sao Felicio, +55-11-7420-1172, Web
Site: http://www.vivo.com.br/ir
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