Tupy reports results for 4Q15
Strong cash flow generation in a quarter with modest volumes.
On March 3rd, TUPY S.A. reported the results for the 4th quarter of 2015. The conference call will be held on March 4th, at 12:00 PM (EST) / 02:00 PM (BRT).
The main highlights for the quarter are:
- Sales volume: 117 thousand tons - 9% lower than 4Q14.
- Revenues: R$872 million - 17% increase compared to same quarter in 2014.
- Gross Profit: R$152 million - 17.5% margin on revenues.
- Adjusted EBITDA: R$138 million - 15.9% margin on revenues.
- Net income: R$38 million - 4.3% margin on revenues, best result for the 4Q since 2011.
- Investments: R$39 million, 32% decrease compared to 4Q14.
Click here to access the Earnings Release.
Click here to access the webcast (in English)