Bombril has R $34,000,000 profit in the first quarter

According to the company''s announcement, in line with the result presented in 2016, Bombril ended the first quarter of 2017 with more positive results. The company posted profit of R $34,000,000 in the period, compared to a loss of R $24,000,000 in the same period last year.
Ebitda presented positive result of R $80,400,000, against R $16,000,000 in the same period last year. Even when purged the effects of products withdrawn from the portfolio in 2016 and the figures for sale Brand Lysoform, who represented R $47,600,000 on the result of 2017, Ebitda increased to 93% when compared to the first quarter of 2016. The company also presented a growth of 6.5% in gross profitability, when disregarded the effects of discontinued products. The first quarter of 2017 ended with profitability of + 47.2% compared to 40.7% in the first quarter of 2016.
Among the main factors that contributed to the good performance of the steel wool is the reduction of costs and expenses as a result of the program of increased productivity and control developed in all areas. "We are permanently seeking increased efficiency and continuous improvement. The results presented by the company are due to this discipline, "says President Luiz Gustavo da Silva.