Tuesday, March 07, 2017

Profit of M white 92.4% high in Q4

São Paulo – the M White ended the fourth quarter of 2016 with net profits of R$ 236,100,000, which represents a breakthrough of 92.4% compared to same quarter of 2015. In 2016, the profit was R$ 784,400,000, a high of 29.9% compared to the previous year.
The Ebitda (earnings before interest, taxes, depreciation and amortization) totaled R$ 240,800,000 between October and December 2016, an advance of 80.6% compared to the same range of 2015.
In the year 2016, Ebitda totaled R$ 919,400,000, representing an increase of 33.9% before 2015.
The net revenue of the company was R$ 1.400 billion in the fourth quarter of the year, with high of 16.8% compared to the same quarter of the previous year. In the 12 months ended December, net revenues amounted to 5.328 R$ billion, with growth of 15.3% before 2015.
The financial results in the fourth quarter of 2016 was in positive ante 15,600,000 R$ result positive 9,200,000 R$ also of the fourth quarter of 2015.
Exame - 07/03/2017 News Item translated automatically
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