CIEL3 Cielo SA

BARUERI, Brazil, Aug. 6, 2013 /PRNewswire/ -- Cielo S.A. (BM&FBOVESPA: CIEL3 / OTC: CIOXY) announces today its results for the second quarter of 2013. The Company's consolidated financial statements are presented in accordance with the International Financial Reporting Standards (IFRS) issued by the International Accounting Standards Board (IASB) and in accordance with the accounting practices adopted in Brazil.

2Q13 HIGHLIGHTS

• Transaction financial volume in the market criterion totaled R$106.4 billion, up 14.2% year-on-year, or R$13.2 billion; in the accounting criterion, the volume was R$104.7 billion, up 14.1% year-on-year or R$12.9 billion;
• Net Operating Revenue of R$1.6 billion, up 28.9% or R$359.5 million year-on-year and increase of 3.7% or R$58.0 million quarter-on-quarter;
• Net revenue from Prepayment of Receivables* totaled R$143.1 million, an increase of 6.8% compared to 2Q12, or R$9.1 million, and an increase of 14.3% compared to 1Q13, or R$17.8 million;
• EBITDA of R$859.1 million, up 22.0% or R$154.7 million year-on-year and decrease of 1.8% or R$15.4 million quarter-on-quarter;
• EBITDA margin at 53.5%, down 3.1 p.p. year-on-year and 3.0 p.p. quarter-on-quarter;
• Cielo's net income totaled R$623.3 million, up 13.6% or R$74.5 million year-on-year and down 2.7% or R$17.5 million quarter-on-quarter;
• Cielo's net income margin at 38.8%, down 5.2 p.p. year-on-year and down 2.6 p.p. quarter-on-quarter;

* Prepayment Revenue net of funding costs (see explanation in management analysis of Prepayment of Receivables Revenue)

Click on the link below to open the earnings release:
http://cielo.riweb.com.br/ShowResultado.aspx?IdResultado=LFzBe/vKgFE7UT3Ws3n%20Aw==&linguagem=en

2Q13 Earnings Conference Call
August 07, 2013

ENGLISH
10:30 a.m. (NY) | 11:30 a.m. (Brasilia)
Phone: +1 786 924-6977
Code: Cielo

PORTUGUESE
09:00 a.m. (NY) | 10:00 a.m. (Brasilia)
Phone: +55 11 4688 6361/+55 11 2104-8901
Code: Cielo

Investor Relations Director
Roberta Noronha
rnoronha@cielo.com.br
+55 11 2184-3739

SOURCE Cielo S.A.