Pharol, Results Q2 2017

Page created: Wednesday, 23 August 2017 16:30GMT

Press Release:  23 August 2017 - 29 Page(s)

Oi once again reports year-on-year EBITDA and margin increase
 Routine EBITDA totaled R$ 1,601 million in 2Q17, 10.8% increase y.o.y.
 Routine EBITDA margin reached 27.6%, 4.8 p.p. increase y.o.y.
Oi reduces costs by R$ 687 million in the quarter, totaling a R$ 1.2 billion cost reduction in the first half of 2017
 The Company is focused on reducing costs ensuring operational efficiency and business sustainability.
Continuous increase in infrastructure investments reinforce our commitment to business sustainability
 Oi expanded its investments to R$ 1.2 billion in 2Q17, 1.1% increase y.o.y.
 Capex to net revenue ratio also increased, reaching 21.2%.

Original title:  EBITDA increase based on operational efficiency combined with improvements in quality indicators

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