CEMAR announced consolidated earnings results for the fourth quarter and full year ended December 31, 2017. For the quarter, the company’s net operating revenues were BRL 962,480,000 compared to BRL 859,000,000 a year ago. EBITDA was BRL 250,132,000 compared to BRL 250,132,000 a year ago. Operating income was BRL 183,308,000 compared to BRL 115,518,000 a year ago. Income before tax was BRL 181,615,000 compared to BRL 101,629,000 a year ago. Net income was BRL 154,893,000 compared to BRL 86,445,000 a year ago. For the year, the company’s net operating revenues were BRL 3,370,836,000 compared to BRL 3,129,891,000 a year ago. EBITDA was BRL 829,424,000 compared to BRL 829,424,000 a year ago. Operating income was BRL 616,529,000 compared to BRL 517,842,000 a year ago. Income before tax was BRL 591,559,000 compared to BRL 489,413,000 a year ago. Net income was BRL 489,617,000 compared to BRL 399,794,000 a year ago.