CAXIAS DO SUL, Brazil, May 7, 2024
/PRNewswire/ -- Frasle Mobility ended the first quarter of 2024
with stable net revenue compared to the same period last year. The
Company recorded a consolidated result of R$841.3 million, a positive variation of 0.3%
compared to the first three months of 2023. Adjusted EBITDA reached
R$154 million, while the adjusted
EBITDA Margin recorded was 18.3%. Revenue from the foreign market,
which encompasses exports from Brazil with the performance of operations in
other countries, totaled R$341.9
million, an increase of 6.4%.
The quarter also marks the first year of the acquisition of
Juratek, in the United Kingdom,
boosting the strategy of expanding the company's global operations
in mature markets.
MAIN RESULTS – 1Q24
(Percentages indicate variations compared to the respective periods
of 1Q23 and 4Q23 – values in MM)
|
Consolidated net
revenue:
|
|
1Q24: R$841.3 (+0.3%) |
1Q24: R$841.3 (+13.5%)
|
|
|
Net revenue in the
national market:
|
|
1Q24: R$499.4 (-3.5%) |
1Q24: R$499.4 (-10.1%)
|
|
|
Net revenue in the
foreign market:
|
|
1Q24: R$341.9 (+6.4%) |
1Q24: R$341.9 (+84.0%)
|
|
|
Foreign Market
Revenue (Exports + operations abroad):
|
|
1Q24: US$69.0 (+11.6%)
| 1Q24: US$69.0 (+86.7%)
|
|
|
Consolidated gross
profit:
|
|
1Q24: R$289.7 (-2.2%) |
1Q24: R$289.7 (+43.0%)
|
|
|
Operating
profit:
|
|
1Q24: R$116.9 (-20.6%)
| 1Q24: R$116.9 (+43.5%)
|
|
|
EBITDA:
|
|
1Q24: R$154.0 (-13.0%)
| 1Q24: R$154.0 (+36.1%)
|
|
|
Consolidated net
profit:
|
|
1Q24: R$109.1 (+20.7%)
| 1Q24: R$109.1 (+16.2%)
ROIC
1Q24: 15.7% (+2.4 pp) |
1Q24: 15.7% ](- 3.7 pp)
|
RESULTS VIDEO CONFERENCE
(In Portuguese with
simultaneous translation into English)
05/08 – 11am Brazil | 10am
New York | 3pm London
Register / Access Videoconference: Click here
IR Contact
E-mail: ri@fraslemobility.com
Site: https://ri.fraslemobility.com/
Hemerson Fernando de Souza
Phone: +55 54 3239.1519
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content:https://www.prnewswire.com/news-releases/frasle-mobility-reaches-r841-3-million-in-net-revenue-in-the-first-quarter-of-2024--302138933.html
SOURCE Frasle Mobility