May 7, 2019 / 10:24 AM / 3 months ago

Brazil's Petrobras Distribuidora boosts Q1 net income by 93 pct

SAO PAULO, May 7 (Reuters) - Brazilian fuel distribution company Petrobras Distribuidora SA posted net income of 477 million reais in the first quarter, up 93 percent from year ago, according to a securities filing late on Monday.

The company also reported an 8.7 percent rise in adjusted earnings before interest, tax, depreciation and amortization, a measure of operating income known as EBITDA, to 841 million reais in the period. (Reporting by Ana Mano; Editing by Alison Williams)

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