Sixteen companies with publicly traded retailers showed growth of 14.8% in net revenue from the first three months of the year. In the same period, inflation reached 4.57%. The net profit also rose. The high was nothing less than 655%. These companies came out of a profitability of R $78,800,000 in the first quarter of 2016 to R $595,200,000 in 2017.
Much of this recovery is due to strategic initiatives and business restructuring carried out last year, but that began to generate results now. Also influenced a slight increase in demand in the period.
The GPA, for example, had a net profit (attributable to shareholders) of R $125,000,000 from January to March, against a loss of R $51,000,000 in the same period last year. According to the company, the recovery is due to the evolution of operational performance, with greater control of costs, among other initiatives.
Supermercado Moderno - 09/05/2017
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