FOREX TradingCharts.com

Financial News: VIA VAREJO: Net Profit Totals R$ 20 Million

VIA VAREJO: Net Profit Totals R$ 20 Million In 2Q18, After 2Q17 Net Loss

07/24/2018 - 15:08:00 (RTTNews)

(RTTNews) - The Brazilian furniture and appliance retailer Via Varejo's net profit totaled R$ 20 million in the second quarter, after a net loss of R$ 85 million a year before. Net revenue rose 5.1% in the same comparison and totaled R$ 6.5 billion.

Revenue from physical stores increased 6.5%, to R$ 5.2 billion. Online sales revenue dropped 0.3%, to R$ 1.2 billion.

Via Varejo's EBITDA (Earnings Before Interest, Taxes, Depreciation and Amortization) grew 124.3% in the second quarter from a year before, to R$ 332 million. The EBITDA margin rose 270 basis points, to 5.1%.

Via Varejo's adjusted EBITDA grew 25.1% in the second quarter from a year before, to R$ 394 million. The adjusted EBITDA margin rose 100 basis points, to 6.1%.

Same-store sales increased 5.8% in the second quarter from a year before, when sales were up by 10.8%. Revenue from Gross Merchandise Value (GMV) rose 9.4%, after increasing 26.4% a year earlier.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2018 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


New York Manufacturing Index Unexpectedly Increases In August (13 min(s), 25 sec(s) ago)
(RTTNews) - New York manufacturing activity remained robust in the month of August, according to a ...Full Story»

U.S. Labor Productivity Jumps More Than Expected In Q2 (16 min(s), 25 sec(s) ago)
(RTTNews) - A report released by the Labor Department on Wednesday showed labor productivity in th ...Full Story»

U.S. Retail Sales Rise More Than Expected In July (20 min(s), 25 sec(s) ago)
(RTTNews) - Retail sales in the U.S. climbed by much more than expected in the month of July, the ...Full Story»

South Africa Retail Sales Growth Unexpectedly Slows In June (01 hr(s), 17 min(s), 25 sec(s) ago)
(RTTNews) - South Africa's retail sales annual growth eased unexpectedly in June and sales dec ...Full Story»

Indonesia Hikes Key Rate By 25 Bps (02 hr(s), 09 min(s), 25 sec(s) ago)
(RTTNews) - Indonesia's central bank raised its key rate by a quarter point to stabilize the r ...Full Story»

UK House Price Growth Near 5-year Low, London Logs Worst Fall Since 2009: ONS (03 hr(s), 44 min(s), 25 sec(s) ago)
(RTTNews) - UK house price inflation was the lowest in nearly five years as London witnessed its w ...Full Story»

UK Inflation Accelerates In July (03 hr(s), 43 min(s), 25 sec(s) ago)
(RTTNews) - UK inflation accelerated for the first time in eight months in July, figures from the ...Full Story»

Turkey May Jobless Rate Falls (04 hr(s), 31 min(s), 25 sec(s) ago)
(RTTNews) - Turkey's unemployment rate for May eased from the same month last year, figures fr ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

New York Manufacturing Index Unexpectedly Increases In August

08/15/2018 - 08:44 AM (RTTNews)
(RTTNews) - New York manufacturing activity remained robust in the month of August, according to a ...Full Story>>

U.S. Labor Productivity Jumps More Than Expected In Q2

08/15/2018 - 08:41 AM (RTTNews)
(RTTNews) - A report released by the Labor Department on Wednesday showed labor productivity in th ...Full Story>>

U.S. Retail Sales Rise More Than Expected In July

08/15/2018 - 08:37 AM (RTTNews)
(RTTNews) - Retail sales in the U.S. climbed by much more than expected in the month of July, the ...Full Story>>

South Africa Retail Sales Growth Unexpectedly Slows In June

08/15/2018 - 07:40 AM (RTTNews)
(RTTNews) - South Africa's retail sales annual growth eased unexpectedly in June and sales dec ...Full Story>>

Indonesia Hikes Key Rate By 25 Bps

08/15/2018 - 06:48 AM (RTTNews)
(RTTNews) - Indonesia's central bank raised its key rate by a quarter point to stabilize the r ...Full Story>>

Binary Options Articles Courtesy of NADEX

These pages, and all content ©TradingCharts.com Inc and other copyright holders. Permission is not granted to redistribute charts, data, news or other information found on this site, in any manner. Although it is believed that information provided is accurate, TradingCharts will not accept liability for any loss or damage that may arise from use of the content, inability to access the website, or delay or failure of receive of any information provided through this site.