CEMAR reported consolidated earnings results for the second quarter and six months ended June 30, 2016. For the quarter, net operating revenues were BRL 699,962,000 against BRL 628,082,000 a year ago. Adjusted EBITDA was BRL 151 million against BRL 145 million a year ago. Adjusted net income was BRL 102 million against BRL 93 million a year ago. EBITDA was BRL 162,500,000 against BRL 124,274,000 a year ago. Net income was BRL 111,249,000 against BRL 82,806,000 a year ago. Income before tax was BRL 139,296,000 against BRL 94,402,000 a year ago. Operating income was BRL 124,053,000 against BRL 89,895,000 a year ago. For six months, net operating revenues were BRL 1,409,106,000 against BRL 1,284,623,000 a year ago. Adjusted EBITDA was BRL 286 million against BRL 286 million a year ago. Adjusted net income was BRL 193 million against BRL 166 million a year ago. EBITDA was BRL 279,433,000 against BRL 257,827,000 a year ago. Operating income was BRL 200,143,000 against BRL 187,894,000 a year ago. Net income was BRL 187,226,000 against BRL 141,725,000 a year ago. Income before tax was BRL 169,398,000 against BRL 234,816,000 a year ago.