ELP Cia Paranaense De Energia Copel - ADR

Daniel Slaviero CEO
Adriano Rudek de Moura CFO
Call transcript
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Good morning, good afternoon, and thank you for waiting. Welcome to Companhia Paranaense de Energia Copel Conference Call to present the results of the second quarter 2021. [Operator Instructions] Before proceeding, we would like to clarify that forward-looking statements that might be made during the call in relation to Copel's business outlook, operating and financial projections and targets, our beliefs and assumptions of the company's management as well as information currently available to the company.

Forward-looking statements are no guarantee of performance. They involve risks, uncertainties and assumptions as they refer to future events and therefore, depend on circumstances that may or may not occur. expressed conditions of operating to Copel differ from industry the may results conditions, statements. materially performance forward-looking future and those economic and factors other affect that General such in may lead Today with Mr. we us, have and Daniel Mr. Slaviero, the of CEO company; de and Investor Relations Moura, CFO Rudek Officer. Adriano to presentation management by that the at made be followed The company's will Copel's be website,

floor over CEO company. Slaviero, to of Daniel the Mr. turn we Now the

Daniel Slaviero

results, but to growth that especially Thank this you challenging And quarter in call. very much by in almost we participating although crisis, call. like it because to environment of strong over very hybrid another everybody. XX% for I year. I EBITDA X.X the of BRL our is adjusted with of are the would consequence afternoon, of start mainly billion, start a the great half that saying still Good facing COVID, Presenting the joy very due of year,

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Next slide.

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with the execution is the are the obviously Moura and value undoubtedly, policy We addressing talking distribution, Board in strategy. investments We of grow will impactable on But And company dividend focus our our be priority. of This Directors. sales internally and we will in generation. the how for transmission. of one to and generation good for continue our looking the of our with business, is core drivers detail this

floor. CFO, our has Now Moura Adriano the

Adriano Rudek de Moura

Thank for your our you, call. afternoon, very you everybody. Daniel. Good much in Thank participation

the coming focus of on an EBITDA we all strategy well X. deliver Now adjusted in published and we businesses, clear let's is Page that see here, and great all to defined net our we to income go will over with value afterwards. with the stakeholders also improvement our the XX% details and [indiscernible] company. and a reflects the that more obsession and see from objective more to pleasure quarter Copel's a adjusted another the shareholder very growth of XX% in challenges to a The It execution in

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including the no I the [indiscernible]. billion, terms UEGA. you of of like million value XXX advancements less BRL Copel and of BRL year. the X.XXX more Telecom. quarter. And purchase year second is half we 'XX BRL to there facilities, of EBITDA impact more recognized EBITDA the would here COFINS And operation, positive remind impairment is in So on of and items million are would sale which BRL by or for results say, we of in BRL positive the X.X the Including XX billion credit the the we nonrecurrent fair adjusted the the been one also year-to-date credits or amounted and continue in had energy in to in billion last impact is quarter have of quarter, the PIS and the that in over to year. net X.XXX a the last that second of this of in

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comments I like some with my dividends So presentation to would on XXXX. end for

my Now and XX let's turn slide. last Page to

would our proposal message in month Here convey are for the to dividend submitting I Directors next the will payment that the the this to Board already September, the that year. of main we in to third payment, is like be

paid dividend first being XXXX. the of results So for the

beginning time, now the X the That that the the be That yesterday dividend is the the dividends very of XXXX. results were So will April of for end paid from events in the year's is partially policy first and last was XXXX. dividend policy of year, that regarding on part the approved as on year. stays, the the of the result will XXXX one the the pay by Copel for same

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like have X here to discussing conclude, I And posted market. And extraordinary in that I results as a believe the very this to continuous for we'll that the XXXX. strong highlight your among an businesses. to plan that the summary, allocation and Q&A and scenario its already turn the very our capital continues focusing you will the yield. execution the is In company of Just would positive have of like of best been it much efficient to to be is for the on improvement a dividend all session. Thank the continue events business discipline in participation. And I'd and that floor


no I questions. there think Instructions] [Operator are

Daniel Slaviero

that risks all and one adequate, say is closely. to would much much give I you something unless process may we mentioned already that own are we would close presence very mentioned, impact we thank our you much. company thank contribution. our for our very this we and the all mentioned we is cost as would employees the quite conference ongoing agency that been and with your and believe be following that here We [indiscernible] about but no members all the mitigated very again, going of been participation has we friends, like Thank agencies. method, you the everybody the believe restating are strategic your I that we all this investment holding have And work and thank in to the [indiscernible] in this developing And Energy things I all Copel. the But enthusiasm to [indiscernible] Mines in a a as like will being this believe your my call. increase well, mainly already process our before the in very for my other the colleagues, like Once I are the already and whole. in discussions. have [indiscernible], through economy and And and you We and extensively. of plan the Ministry


question [Nidhi] a did receive We from HSBC. from

Unidentified Analyst

see How of measures rationing expect consumption? in XXXX? do you And the of risk could terms what in we limiting

Daniel Slaviero

be will ahead there before [Nidhi] a XXXX. [indiscernible]

[indiscernible] anybody, consumption year. stimulus of But we economy major very is that everything they will are operating topic that large order of the of that improvement we So confident the being any this believe year comfortable terminal as country at no, were will big we for the be with there is steam. the that in minimum under the created very we say that and [indiscernible] have the current information have And not customers. first -- believe be but it's are the but mediation and will This energy has based in this and the and the we to the a as have, one we reduce measure next all something fact of control would growth also forecasts us we for enough full I have chamber that year. this that with be provisional know no been that or [indiscernible] of impact ministry bad [indiscernible] to or customers Together residential negatively our and of And least following done. level adequate on in that minimum. been very we at closely. not believe the

I are think there more no questions.

So once company, an in end. confidence comes the again, the would I you to our our call questions, like and again of future reinforce once Copel. for We thank to this

for end Paraná very the much, and week. good very you So a whole energy Thank the and important sector of have country. for in the


We conference wish to you. Copel's all come very and for Thank participating end. afternoon. you much. has you an you Thank call good thank a very