BARUERI, Brazil, July 26, 2011 /PRNewswire/ -- Cielo S.A. (BM&FBOVESPA: CIEL3 / OTC: CIOXY) announces today its results for the second quarter of 2011.

2Q11 Highlights:

  • Transaction financial volume totaled R$74.6 billion, up 21.2% year-on-year and 6.3% quarter-on-quarter;


  • Net Operating revenue + prepayment of receivables, net, of R$1.119 billion, up 6.7% compared with 2Q10 and up 3.4% as compared with 1Q11;


  • Adjusted EBITDA of R$716.5 million, down 2.6% year-on-year but up 4.7% quarter-on-quarter;


  • Adjusted EBITDA margin at 64.0%, down 6.1 p.p. year-on-year but up 0.8 p.p. quarter-on-quarter;


  • Cielo Net income totaled R$423.6 million, down 7.5% year-on-year and 0.3% quarter-on-quarter;


  • Cielo Net income margin at 37.8%, down 5.8 p.p. year-on-year and 1.4 p.p. quarter-on-quarter;


  • Beginning of the shares trading under ticker code CIOXY in OTCQX;


  • Expansion of the mobile payment solution for devices with Android;


  • Cielo moves forward in e-commerce with acquisition of Braspag;


  • Cielo elected the best Brazilian company in the Specialized Services category by Exame Magazine; elected one of the 10 best companies to start a career, by Voce S/A magazine; ranked among the 20 most valuable brands by BrandAnalytics in partnership with IstoE Dinheiro magazine, WPP group, and Interbrand, renowned multinational consulting.


Click on the link below to open the earnings release

http://www.mzweb.com.br/visanet/web/arquivos/Cielo_Release_2T11_26072011_eng.pdf

2Q11 Earnings Conference Call

July 27, 2011

ENGLISH

10:30 a.m. (NY) | 11:30 a.m. (Brasilia)

Phone: +1 412 317 6776

Code: Cielo

Webcast: http://webcast.mz-ir.com/publico.aspx?codplataforma=2886  

PORTUGUESE

9:00 a.m. (NY) | 10:00 a.m. (Brasilia)

Phone: +55 11 4688 6361

Code: Cielo

Webcast: http://webcast.mz-ir.com/publico.aspx?codplataforma=2885

About Cielo

Cielo S.A. is the largest network of electronic means of payment in Latin America and is engaged in all services in the merchant acquiring chain - merchant affiliation, capture, transmission, processing and settlement of card transactions, in addition to the management of the card acceptance network – and monitors 100% of the transactions through the unique and differentiated Cielo Lynx. The Company covers 98.5% of Brazilian municipalities, with a network of 1.1 million active affiliated merchants, and its cutting-edge technology network enables it to operate with the best availability rate in the industry, of 99.995% throughout the year and 100% in the key dates for retail sales. Cielo offers the most comprehensive portfolio of payment solutions, with the most modern point-of-sales (POS) base in Brazil – terminals with average age of 1.7 year.

Investor Relations: ri@cielo.com.br

phone: +55 11 2596 1736

SOURCE Cielo S.A.

Copyright 2011 PR Newswire

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