News Column

Results for the 1st Quarter of 2013

May 14 2013 12:00AM

Marketwire

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SAO PAULO, BRAZIL -- (Marketwired) -- 05/14/13 -- CCR S.A. (CCR) (BMFBOVESPA: CCRO3), Brazil's largest road concession operator in revenue terms hereby announces its results for the first quarter of 2013.

Highlights

•Consolidated traffic increased by 2.0% in 1Q13.

•The number of STP (electronic payment) users increased by 14.9% in comparison with March 2012, for a total of 3,875,000 active tags.

•Net Income increased by 16.6% as a result of improved operational and financial performance.



Subsequent Events

On April 26, 2013, the Special Tender Committee for the auction sponsored by the municipality of Rio de Janeiro, published the results relative to the contracting under a public-private regime of the sponsored concession for services, supply and work for the implementation, operation and maintenance of the "Light Rail" system for the transportation of passengers ("VLT") in the port and central areas of the city of Rio de Janeiro. The concession will be for a period of 25 years.

Comments from the CEO

Renato Alves Vale: "It is with great satisfaction that we are reporting the results obtained by CCR in 1Q13 to our shareholders, the market, employees, users and our various interested audiences.

Despite the slowdown in the economy shown in the most recent indicators released by the industry, the growth in traffic of 2.0% associated with the improvement in our financial results is due to lower rates of interest, contributing to an increase in net earnings of 16.6%. These factors, assisted by our solid financial condition, support the significant distribution of supplementary dividends for 2012 of R$ 100.8 million, paid on April 30, 2013, which when added to the dividends paid in October 2012 show that CCR distributed R$ 1.1 billion, a payout of 89.54%.

We continue to follow our strategy of measured growth and, in March, we signed a contract for the purchase and sale of shares for the acquisition of an additional stake in the Curaçao International Airport. With the conclusion of this operation we now hold 78.9% of the representative shares of the paid-in capital of Curaçao Airport Investments.

We continue to be confident of the economic environment in Brazil and in the expectation of various opportunities for growth, always prioritizing the generation of value for our shareholders and contributing to the promotion of sustainable development through improvements in infrastructure first priority."

Forthcoming Events

Conference Calls

In Portuguese:
Wednesday, May 15, 2013
11:00 a.m. São Paulo / 10:00 a.m. New York
Telephone: (+55-11) 4688-6361
Code: CCR
Replay: (+55-11) 4688-6312
Code: 1478453 #
Webcast: www.grupoccr.com.br/investidores

In English:
Wednesday, May 15, 2013
12:00 noon São Paulo / 11:00 a.m. New York
Brazil: (+55-11) 4688-6361 Code: CCR
Other Countries: (+1) 786-924-6977
U.S.: (+1) 855-281-6021
Replay: (+55-11) 4688-6312
Code: 8143170 #

Webcast: www.grupoccr.com.br/english



IR Contacts
Marcus Macedo:
(+55 11) 3048-5941

Flavia Godoy:
(+55 11) 3048-5955

Daniel Kuratomi:
(+55 11) 3048-6353

Leandro Mathias:
(+55 11) 3048-2108





Source: Marketwire


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