1Q19 Earnings Release

São Paulo, May 08th, 2019 - T4F Entretenimento S.A. (B3: SHOW3) discloses its 1Q19 results.

1Q19 Highlights

  • Net revenue of R$120.6 million (-38% vs. 1Q18);

  • Adjusted EBITDA of R$8.6 million (-47% vs. 1Q18);

  • Cash generation of R$58.9 million, reaching cash position of R$260.9 million (+7% vs. 1Q18 and +29% vs. 4Q18);

  • Negative net result of R$34.3 million, affected by the following non-recurring events:

    º Provision for the conviction in the appellate court of the judiciary branch in Argentina of approximately US$8.8 million, according to the material fact disclosed on May 6, 2019;

    º Termination of the incorporation agreement of Bizarro’s operations in Chile, resulting in a write-off of R$7.4 million.

To access the Earnings Release, click here.

ENGLISH WEBCAST
Thursday, May 09th, 2019

10:00 a.m. (US ET) | 11:00 a.m. (BR)
Webcast: click here

PORTUGUESE WEBCAST
Thursday, May 09th, 2019
09:00 a.m. (US ET) | 10:00 a.m. (BR)
Webcast: click here

Participants are requested to connect 10 minutes prior to the time set for the webcast.

The Investor Relations Department is available for eventual clarifications through the contacts ri@t4f.com.br or +55 (11) 3576-1200.

T4F Entretenimento S.A.
Investor Relations
Phone: (55 11) 3576-1200
E-mail: ri@t4f.com.br
Website: www.t4f.com.br/ir

About T4F Entretenimento S.A. ("Time for Fun"):
Time for Fun (B3: SHOW3) is the leading live entertainment company in South America. It promotes live music shows by local and international performers, family entertainment events, theatrical plays, cultural exhibitions and sporting events, operating with a verticalized and integrated business model. It also runs five of the most important entertainment venues in South America, four of which in Brazil and one in Argentina.

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