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Companhia de Gas de Sao Paulo Comgas Lowers FY 2013 EBITDA Guidance


Wednesday, 7 Aug 2013 08:33am EDT 

Companhia de Gas de Sao Paulo Comgas announced that it has lowered its EBITDA guidance for fiscal year 2013 to between BRL 1,350 million and BRL 1,550 million, compared to the previous guidance was between BRL 1,400 million and BRL 1,600 million. According to I/B/E/S estimates, analysts on average are expecting EBITDA for fiscal year 2013 of BRL 1,245 million. According to the Company, the EBITDA guidance for 2013 fiscal year was revised to reflect the new level of the dollar price, which directly impacts the cost of gas in the IFRS results projected by the Company. 

Company Quote

48.94
-0.16 -0.33%
26 Nov 2014