Daily Earnings Wrap: YPF, Braskem, Gerdau, Colbun, others

09 November 2017

Debtwire’s daily earnings round-up for 9 November by country:

 

Argentina

AA2000, an airport operator, has announced its 3Q17 results:

  • Sales of ARS 3.4bn (USD 193.1m), up from ARS 2.8bn in 3Q16
  • Operating income of ARS 1.2bn, up from ARS 1.1bn in 3Q16
  • Net income of ARS 597.5m, down from ARS 658.5m in 3Q16
  • Cash and equivalents of ARS 2.5bn, up from ARS 737.9m in 3Q16
  • READ MORE
 

Banco Macro, a commercial bank, has announced its 3Q17 results:

 

Mastellone, a dairy company, has announced its 3Q17 results:

  • Revenues of ARS 5.9bn (USD 335.2m), up from ARS 4.9bn in 3Q16
  • Gross income of ARS 2.1bn, up from ARS 1.67bn in 3Q16
  • Net income of ARS 171.7m, up from ARS 97.5m in 3Q16
  • Cash and equivalents of ARS 1.5bn, up from ARS 725m in 3Q16
  • READ MORE
 

Supervielle, a commercial bank and financial service company, has announced its 3Q17 results:

  • Financial income of ARS 3.9bn (USD 221.5m), up 42.1% YoY
  • Net income of ARS 624.1m, up 43% YoY
  • Return on average equity of 27%, down from 28.6% in 3Q16
  • Return on average assets of 3.5%, down from 4% in 3Q16
  • Conference call 9 November 9am EST
  • READ MORE
 

Transener, an electricity transporter, has announced its 3Q17 results:

  • Net revenues of ARS 1.35bn (USD 76.7m), up from ARS 158.8m in 3Q16
  • Operating income of ARS 710.1m, up from ARS -364.5m in 3Q16
  • EBITDA of ARS 739m, up from ARS -339.7m in 3Q16
  • Net income of ARS 534.1m, up from ARS -277.6m in 3Q16
  • READ MORE
 

Transportadora de Gas del Sur, a natural gas transporter, has announced its 3Q17 results:

  • Net revenues of ARS 2.6bn (USD 147.7m), up from ARS 1.5bn in 3Q16
  • Operating income of ARS 972.1m, up from ARS 344.5m in 3Q16
  • Net income of ARS 518.2m, up from ARS 151.2m in 3Q16
  • Cash of ARS 2.2bn, up from ARS 1.4bn in 3Q16
  • READ MORE
 

YPF, an oil company, has announced its 3Q17 results:

  • Revenues of ARS 66bn (USD 3.75bn), up 18.2% YoY
  • Operating income of ARS 3bn, up from ARS -34.6bn in 3Q16
  • Adjusted EBITDA of ARS 17bn, up 16.7% YoY
  • Cash and equivalents of ARS 15.8bn, down from ARS 17.6bn in 3Q16
  • Net debt of USD 8.3bn
  • READ MORE
 

Brazil

Azul, an airline, has announced its 3Q17 results:

  • Operating revenues of BRL 2bn (USD 612.8m), up 15% YoY
  • Operating income of BRL 249.3m, up 50% YoY
  • EBITDAR of BRL 634m, up 20% YoY
  • Cash and equivalents of BRL 2.2bn, up 68.5% YoY
  • Net debt of BRL 639.7m, down 37.5% YoY
  • Conference call 9 November, 9am EST
  • READ MORE
 

Banco do Brasil, a state-controlled bank, has announced its 3Q17 results:

  • Revenues of BRL 32.1bn (USD 9.8bn), down from BRL 46.7bn in 3Q16
  • Operating income of BRL 4.3bn, up from BRL 3.8bn in 3Q16
  • Net income of BRL 2.8bn, up from BRL 2.2bn in 3Q16
  • Cash and equivalents of BRL 46.7bn, down from BRL 82.3bn in 3Q16
  • READ MORE
 

Banco Votorantim, a commercial bank, has announced its 3Q17 results:

  • Revenues of BRL 3.08bn (USD 943.7m), down from BRL 4bn in 3Q16
  • Net interest income of BRL 1.3bn, up from BRL 1.2bn in 3Q16
  • Operating income of BRL 305m, up from BRL 232m in 3Q16
  • Net income of BRL 153m, up from BRL 112m in 3Q16
  • READ MORE
 

Biosev, an agriculture company, has announced its 2Q18 results:

  • Net revenue of BRL 1.78bn (USD 545.4m), down 20% YoY
  • Operating income of BRL -216m, compared with BRL -204m in 2Q17
  • Cash of BRL 497m, down from BRL 859m in 1Q18
  • Net debt of BRL 4.9bn, down 5.4% from 1Q18
  • Conference call 9 November 10am EST
  • READ MORE
 

Braskem, a chemicals company, has announced its 3Q17 results:

  • Net revenues of BRL 12.1bn (USD 3.7bn), up 2% YoY
  • EBITDA of BRL 2.7bn, down 9% YoY
  • Cash and equivalents of USD 2.2bn, down 7% YoY
  • Net debt of USD 5bn, remaining unchanged from 3Q16
  • READ MORE
 

Daycoval, a commercial bank, has announced its 3Q17 results:

  • Revenues of BRL 688.5m (USD 211m), down 7.1% YoY
  • Net income of BRL 143.6m, up 58.5% YoY
  • Return on average equity of 19.9%, up from 13.2% in 3Q16
  • READ MORE
 

Gerdau, a steel maker, has announced its 3Q17 results:

  • Net sales of BRL 9.5bn (USD 2.9bn), up 8.9% YoY
  • Adjusted EBITDA of BRL 1.1bn, down 2.8% YoY
  • Cash and equivalents of BRL 5bn, down from BRL 6.1bn in December 2016
  • Net debt of BRL 13.6bn, down from BRL 14.5bn in December 2016
  • Conference call 8 November 1pm EST
  • READ MORE
 

MRS, a logistics company, has announced its 3Q17 results:

  • Net revenues of BRL 896.5m (USD 274.7m), up 1% YoY
  • Adjusted EBITDA of BRL 409.3m, up 11.8% YoY
  • Cash and equivalents of BRL 585.2m, up 16% YoY
  • Net debt of BRL 2bn, down 18% YoY
  • READ MORE
 

Rumo, a logistics company, has announced its 3Q17 results:

  • Net revenue of BRL 1.65bn (USD 505.5m), up 14.7% YoY
  • Operating income of BRL 496.6m, up 19.2% YoY
  • EBITDA of BRL 800.9m, up 24.6% YoY
  • Cash and equivalents of BRL 1.8bn, down 30% QoQ
  • Net debt of BRL 9.5bn, up 0.2% QoQ
  • Conference call 9 November 11am EST
  • READ MORE
 

Ultrapar, a fuel producer and distributor, has announced its 3Q17 results:

  • Net sales of BRL 20.5bn (USD 6.3bn), up from BRL 19.4bn in 3Q16
  • Operating income of BRL 954.8m, up from BRL 752.5m in 3Q16
  • EBITDA of BRL 1.24bn, up from BRL 1bn in 3Q16
  • Cash and equivalents of BRL 6.3bn, up from BRL 3.17bn in 3Q16
  • Net debt of BRL 6.76bn, up from BRL 5.8bn in 3Q16
  • Conference call 9 November 9.30am EST
  • READ MORE
 

Chile

Colbun, an energy company, has announced its 3Q17 results:

  • Revenues of USD 384m, up 9% YoY
  • EBITDA of USD 174m, up 10% YoY
  • Net income of USD 70.2m, up 34% YoY
  • Net debt of USD 919.7m, down 18% YoY
  • READ MORE