Energisa Reports Profit of R$ 572.6 Million in 2017

Consolidated net income amounted to R$ 572.6 million compared with R$ 195.8 million in 2016, an increase of 192.4% primarily explained by the better cash generation (EBITDA), lower financing, and extraordinary effects.

Cash generation, as expressed by the Adjusted EBITDA (earnings before interest, taxes, depreciation and amortization plus arrears charges revenue), not including asset sales, amounted to R$ 2,372.8 million, up by 15.7% on the R$ 2,051.6 million recorded in 2016.

Record investments were made in 2017 amounting to R$ 2,002.9 million, compared with R$ 1,642.9 million the previous year, amounting to an accumulated R$ 5,270.2 million over three years.

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