August 28, 2014 1:10 AM ET

Hotels, Restaurants and Leisure

Company Overview of CVC Brasil Operadora e Agência de Viagens S.A.

Company Overview

CVC Brasil Operadora e Agência de Viagens S.A., together with its subsidiary, CVC Serviços Agência de Viagens Ltda, provides tourism products and services in Brazil. It offers various tour packages, air tickets, ground transportation, hotel reservations, cruise line tickets, and other tourism services. As of December 31, 2013, it owned 33 stores and 761 CVC branded stores. CVC Brasil Operadora e Agência de Viagens S.A. was founded in 2009 and is headquartered in Santo André, Brazil.

Rua das Figueiras

501 – Jardim

Santo André, SP 09080-370

Brazil

Founded in 2009

Key Executives for CVC Brasil Operadora e Agência de Viagens S.A.

CVC Brasil Operadora e Agência de Viagens S.A. does not have any Key Executives recorded.

CVC Brasil Operadora e Agência de Viagens S.A. Key Developments

CVC Brasil Operadora e Agência de Viagens S.A. Announces Unaudited Consolidated and Company Earnings Results for the Second Quarter and Six Months Ended June 30, 2014

CVC Brasil Operadora e Agência de Viagens S.A. announced unaudited consolidated and company earnings results for the second quarter and six months ended June 30, 2014. For the quarter, on consolidated basis, the company reported gross revenue was BRL 139,742,000 compared to BRL 123,964,000 for the same period a year ago. Income before income tax and social contribution was BRL 14,052,000 compared to loss before income tax and social contribution of BRL 384,000 for the same period a year ago. Net income was BRL 8,244,000 compared to net loss of BRL 1,780,000 for the same period a year ago. Net debt was BRL 171,000 compared to BRL 199,529,000 as at December 31, 2013. For the six months, on consolidated basis, the company reported gross revenue was BRL 337,135,000 compared to BRL 298,684,000 for the same period a year ago. Income before income tax and social contribution was BRL 75,515,000 compared to BRL 52,810,000 for the same period a year ago. Net income was BRL 47,549,000 compared to BRL 34,237,000 for the same period a year ago. Net cash generated from operating activities was BRL 75,558,000 compared to net cash used in operating activities of BRL 130,047,000 for the same period a year ago. Amount invested on fixed assets was BRL 44,000 compared to BRL 628,000 for the same period a year ago. Amount invested on intangible assets was BRL 26,310,000 compared to BRL 33,061,000 for the same period a year ago. For the quarter, on company basis, the company reported gross revenue was BRL 130,068,000 compared to BRL 116,482,000 for the same period a year ago. Income before income tax and social contribution was BRL 15,212,000 compared to BRL 1,087,000 for the same period a year ago. Net income was BRL 8,244,000 compared to net loss of BRL 1,780,000 for the same period a year ago. For the six months, on company basis, the company reported gross revenue was BRL 311,579,000 compared to BRL 279,697,000 for the same period a year ago. Income before income tax and social contribution was BRL 75,780,000 compared to BRL 55,041,000 for the same period a year ago. Net income was BRL 47,549,000 or BRL 0.36 per basic and diluted share compared to BRL 34,237,000 or BRL 0.26 per basic and diluted share for the same period a year ago. Net cash generated from operating activities was BRL 75,063,000 compared to net cash used in operating activities of BRL 131,497,000 for the same period a year ago. Amount invested on fixed assets was BRL 18,000 compared to BRL 489,000 for the same period a year ago. Amount invested on intangible assets was BRL 26,204,000 compared to BRL 32,832,000 for the same period a year ago.

CVC Brasil Operadora e Agência de Viagens S.A., Q2 2014 Earnings Call, Aug 05, 2014

CVC Brasil Operadora e Agência de Viagens S.A., Q2 2014 Earnings Call, Aug 05, 2014

CVC Brasil Operadora e Agência de Viagens S.A., Q2 2014 Earnings Call, Aug 05, 2014

CVC Brasil Operadora e Agência de Viagens S.A., Q2 2014 Earnings Call, Aug 05, 2014

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