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1Q15

 

 Adjusted net revenue was R$512.5 million (+12.1%) in 1Q15.

 

Net income was R$88.1 million and dividend calculation base was R$94.7 million in the quarter.

 

Toll roads: Consolidated traffic reached 28.2 million vehicles equivalent (-5.5%) and the toll revenue reached R$188.9 million (+5.9%) compared to the proforma revenue of 1Q14 (including Transbrasiliana).

 

Portonave: Container handling volume reached 147,700 TEUs  (-9.5%) and revenue from yard and container handling reached R$53.8 million (+2.4%) in the quarter.

 

Viracopos Airport handled 2.7 million passengers (+10.5%) in 1Q15 and the cargo terminal handled 46,600 tons of cargo (-11.4%) in the quarter. Despite falling cargo volume, adjusted net revenue from the segment increased by 5.7% to R$23.9 million.

 

Adjusted EBITDA came to R$388.9 million (+9.8%) and consolidated EBITDA margin was 75.9%.