Kroton Educacional has adjusted net income of R$403,4 mi in 4th Qtr

Kroton Educacional had adjusted net income of consolidated 403.4 million reais, falling 17,4% fourth quarter compared to the previous year, the company reported on Friday morning. Operational performance measured by earnings before interest, taxes, depreciation and amortization (Ebitda) adjusted reached 509,570,000 dollars between October and December, 4,6% retreat year after year. Separately, Kroton still communicated that your Board of Directors approved in a meeting on Friday the distribution of interim dividends in the amount of 43 million reais for the year of 2018, with payment until April 15.