Wednesday, March 12, 2014

Arcos Dorados profits $ 32 mi Q4 2013

SÃO PAULO-Arcos Dorados reported net income attributable to company fell to $ 32.0 million in the fourth quarter of 2013, up from a gain of $% 44.2 billion in the same period of the previous year, which represents a low of 27.4%. In terms of earnings per share, net income was $ 0.15, $ 0.21 in the same comparison.
The company's total revenue rose to $ 1,046 billion in the fourth quarter of 2013, up from $ 1,009 billion in the same period last year, a rise of 3.6%.
In 2013, the company's net profit reached $ 53,854 million, a decline of 52.8% compared to the gain of $ 114,332 million in the previous year. In terms of earnings per share, net income was $ 0.26, $ 0,55 in the same comparison. The company's revenue in the year rose to $ 4,033 billion, $ 3,797 billion in 2012.
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