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2017 Management Report 2017 Management Report

Our 2017 results

Financial statements

We encourage you to refer to last year’s most outstanding milestones regarding our financial management and to provide your comments at Contact us.

  • We obtained net revenue of $1.8 trillion and an EBITDA of 1.2 trillion, 9% and 33% higher compared to last year, respectively. This was primarily due to increased water levels, efforts put into the business, and the ability to manage water held at reservoir.
  • We successfully implemented Financial Information Assurance Practices (SOX).
  • We significantly reduced costs for administration, operation and maintenance by managing all Company processes. These savings, added to the commercial optimization, contributed to the great results obtained at the end of the year.

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ALSO OF INTEREST

 
Business Ethics

Business Ethics

The structure of our Business Ethics System has a preventive, detective and corrective approach, framed by continuous improvement and permanent promotion and dissemination.

 
Management reports

Management reports

Every year, we share our management reports which address the most relevant business aspects throughout the year.

 
Contact channels

Contact channels

Please get in touch with us through the available contact channels so that we can promptly address any concerns or needs you may have.

 
Management reports

Management reports

Every year, we share our management reports which address the most relevant business aspects throughout the year.