July 14, 2014 12:45 PM ET

Electric Utilities

Company Overview of Codensa S.A. E.S.P.

Company Overview

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

Bogota,  

Colombia

Founded in 1997

Phone:

57 1 601 6060

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

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

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

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.

Similar Private Companies By Industry

Company Name Region
Gecelca SA E.S.P. Americas
Enerfranca S.A. E.S.P Americas
Electrificadora del Caribe S.A. E.S.P. Americas
Compañía Eléctrica de Sochagota S.A. Americas
Enertolima S.A. Americas

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
NYC2012, Inc. United States
Lawyers Committee for Civil Rights Under Law United States
Bertelsmann AG Europe
Rush University United States
Citizens Budget Commission United States

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact Codensa S.A. E.S.P., please visit www.codensa.com.co. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.