Company Overview of Codensa S.A. E.S.P.
Codensa S.A. E.S.P. operates as an electrical power distribution company. It serves clients in Bogota, as well as municipalities in Tolima and Boyacá. The company was founded in 1997 and is based in Bogota, Colombia. Codensa S.A. E.S.P. operates as a subsidiary of Empresa de Energia de Bogotá S.A. ESP.
Carrera 13 A No 93-66
Founded in 1997
Key Executives for Codensa S.A. E.S.P.
Compensation as of Fiscal Year 2014.
Codensa S.A. E.S.P. Key Developments
Codensa S.A. Announces Earnings Results for the First Quarter Ended March 31, 2014
May 7 14
Codensa S.A. announced earnings results for the first quarter ended March 31, 2014. For the quarter, the company reported operating revenue was CLP 219,717 million against CLP 201,018 million a year ago. Operating income was CLP 62,574 million against CLP 52,832 million a year ago. Payments for additions of fixed assets were CLP 20,165 million against CLP 20,374 million a year ago.
Empresa Not To Divest Codensa or Emgesa
Mar 5 14
Empresa de Energia de Bogotá S.A. ESP (BVC:EEB) is not willing to divest Codensa S.A. E.S.P. or Emgesa S.A. E.S.P. Sandra Stella Fonseca, Chief Executive Officer of Empresa said, "I don't accept this because they're telling me to sell a business with an 18% market share to buy a business with a 12% market share. No one would do that. We have no intention of divesting from Codensa or Emgesa.
Codensa Announces Dividend on Ordinary Share and Preferred Share for 2013; Announces Earnings Results for the Full Year of 2013
Feb 21 14
Codensa will pay dividends of nearly USD 1.97 per ordinary share and USD 0.1 per preferred share for 2013.
The company announced earnings results for the full year of 2013. For the year, the company's net profit rose nearly 4.9% to COP 535.911 billion. Operating revenues reached COP 3.212 trillion. Earnings before interest, tax, depreciation and amortisation (EBITDA) rose 1.76% to COP 1.108 trillion.
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