Earnings release
Page 1
ම B3 : CCRO3 Bloomberg : CCRO3 BZ www.ccr.com.br/ri Waldo Perez - Chief Financial and Investor Relations Officer waldo.perez@grupoccr.com.br Telephone : 55 ( 11 ) 3048-5961 Investor Relations Office invest@grupoccr.com.br Marcus Macedo marcus.macedo@grupoccr.com.br Telephone : 55 ( 11 ) 3048-5941 Flávia Godoy flavia.godoy@grupoccr.com.br Telephone : 55 ( 11 ) 3048-5955 Douglas Ribeiro douglas.ribeiro@grupoccr.com.br Telephone : 55 ( 11 ) 3048-6353 Natalia Fialho natalia.fialho@grupoccr.com.br Caique Moraes caique.moraes@grupoccr.com.br Telephone : 55 ( 11 ) 3048-2108 CCR - CCR S.A. , a publicly held company , headquartered at Av . Chedid Jafet , 222 , Bloco B , 5 ° Andar Corporate Taxpayer's ID ( CNPJ ) : 02.846.056 / 0001-9 Company 35.300.158.334 Registry ( NIRE ) : CCR For Immediate Results for the fourth quarter of 2020 - São Paulo , March 04 , 2021 CCR S.A ( CCR ) , one of Latin America's largest infrastructure concession groups , discloses its results for the fourth quarter of 2020 . Presentation of Results The Parent Company's Financial Statements were prepared and are being presented in accordance with the accounting practices adopted in Brazil , while the consolidated financial statements were prepared and are being presented in accordance with the accounting practices adopted in Brazil and with International Financial Reporting Standards ( " IFRS " ) , issued by the International Accounting Standards Board ( " IASB " ) , all of which applied consistently with the major accounting practices described in Note 2 to the Financial Statements . Unless otherwise indicated , the financial and operating information is presented on a consolidated basis in thousands of reais , and the comparisons refer to 4Q19 and 2019 . The pro - forma information includes the proportional data of the jointly owned subsidiaries . Said information , as well as non - financial information and other operating information , was not audited by independent auditors . The total amounts in the tables of this earnings release may present slight variations , due to rounding . Highlights - 4Q20 vs. 4Q19 period . Consolidated traffic increased by 4.6 % . Excluding ViaSul , it fell by 0.1 % in the Adjusted EBITDA decreased by 29.1 % , with a margin of 41.6 % ( -15.1 p.p. ) . Same - basis adjusted EBITDA fell by 30.0 % , with a margin of 41.2 % ( -15.6 p.p. ) . Net Loss totaled R $ 74.8 million , against a Net Income of R $ 392.6 million . On the same basis¹ , net loss totaled R $ 78.2 million , versus net income of R $ 395.4 million . There were non - recurring effects explained during the release that impacted the results for the quarter , we would like to highlight the provision for loss , in MSVia , due to the asset return process , in the amount of R $ 305.9 million . @ In light of the COVID - 19 pandemic , state and municipal governments have imposed several measures including social isolation and restrictions on the movement of people , which impacted demand and , consequently , CCR's 4Q20 results . For more 1