Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.
Form 20-F ___X___ Form 40-F _______
Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes _______ No___X____
MARKET ANNOUNCEMENT
CENTRAIS ELÉTRICAS BRASILEIRAS S/A
CNPJ: 00.001.180/0001-26 | NIRE: 533.0000085-9
OPEN COMPANY
Centrais Elétricas Brasileiras S/A (“Company” or “Eletrobras”) (B3: ELET3, ELET5 & ELET6; NYSE: EBR & EBR.B; LATIBEX: XELT.O & XELT.B) in attention to the Relevant Fact released today, clarifies to its shareholders and the market in general that the Business and Management Master Plan (PDNG) 2019-2023, now launched, is structured as of the Strategic Plan 2015-2030 and presents updates regarding the PDNG 2018-2022, in a natural and expected process, especially facing the changes in the national and international scenarios.
In this new PDNG 2019–2023, Eletrobras continues the work of restructuring its companies, focusing on increasing operational efficiency, reducing debt stock and improving governance and integrity, always considering the inherent risks of the business in the preparation of its projections.
The strategic focus is translated through the 5 (five) Strategic Guidelines that comprise the Plan: Sustainable Growth; Operational Excellence; Improvement of Corporate Governance and Integrity; Sustainable Performance and Appreciation of People.
As in previous years, linked to the strategic guidelines, a set of indicators with even more challenging goals was established, which aim to modify the Company's overall performance.
In this new PDNG 2019-2023, Eletrobras presents a first level of unfolding of the Strategic Guidelines, which are the Strategic Objectives, whose purpose is to demonstrate in more detail how the company intends to achieve its Strategy.
Finally, as in previous years, the strategic initiatives that represent the last level of the deployment are presented, as they detail the actions that Eletrobras intends to carry out over the five-year period of the new PDNG in order to achieve the established goals.
In summary, all updates made to the PDNG in relation to its previous version aim to adapt Eletrobras to the challenges imposed by the current context of the electric energy sector.
Rio de Janeiro, December 21, 2018.
Armando Casado de Araujo
CFO and Investor Relations Officer
This document may contain estimates and forecasts that are not statements of fact that occurred in the past but reflect our management beliefs and expectations and may constitute future events' forecasts and estimates under Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended. The words "believe", "may", "estimate", "continue", "anticipate", "intend", "expect" and related words are intended to identify estimates that necessarily involve risks and uncertainties, known or unknown . Known risks and uncertainties include, but are not limited to: general economic, regulatory, political and commercial conditions in Brazil and abroad, changes in interest rates, inflation and value of the Real, changes in volumes and the pattern of use of electricity by consumer, competitive conditions, our level of indebtedness, the possibility of receiving payments related to our receivables, changes in rainfall and water levels in the reservoirs used to operate our hydroelectric plants, our financing and capital investment plans, existing and future government regulations , and other risks described in our annual report and other documents filed with CVM and SEC. Estimates and forecasts refer only to the date they were expressed and we assume no obligation to update any of these estimates or forecasts due to the occurrence of new information or future events. Future results of the Company's operations and initiatives may differ from current expectations and the investor should not rely solely on the information contained herein. This material contains calculations that may not reflect accurate results due to rounding.
CENTRAIS ELÉTRICAS BRASILEIRAS S.A. - ELETROBRÁS | ||
By: |
/S/ Armando Casado de Araujo
|
|
Armando Casado de Araujo
Chief Financial and Investor Relation Officer |
This press release may contain forward-looking statements. These statements are statements that are not historical facts, and are based on management's current view and estimates offuture economic circumstances, industry conditions, company performance and financial results. The words "anticipates", "believes", "estimates", "expects", "plans" and similar expressions, as they relate to the company, are intended to identify forward-looking statements. Statements regarding the declaration or payment of dividends, the implementation of principal operating and financing strategies and capital expenditure plans, the direction of future operations and the factors or trends affecting financial condition, liquidity or results of operations are examples of forward-looking statements. Such statements reflect the current views of management and are subject to a number of risks and uncertainties. There is no guarantee that the expected events, trends or results will actually occur. The statements are based on many assumptions and factors, including general economic and market conditions, industry conditions, and operating factors. Any changes in such assumptions or factors could cause actual results to differ materially from current expectations.