Flexibility and resilience boosts growth
WEG S.A., one of the world¿s largest manufacturer of electric-eletronic equipment, with five main product lines: Motors, Power, Transmission and Distribution, Automation and Coatings, announced today its results for the third quarter of 2015 (3Q15).
- Net operating revenues in the third quarter of 2015 reached R$ 2,546.3 million, for 23.9% growth over the 3Q14 and 8.4% growth over the 2Q15;
- EBITDA reached R$ 395.1 million and EBITDA margin reached 15.5%. EBITDA grew by 12.7% to 3Q14 and by 12.2% to the previous quarter;
- Net Income totaled R$ 265.4 million, with net margin of 10.4% and growth of 2.6% over the 3Q14 and of 1.7% over the 2Q15;
- Capacity expansion and modernization investments totaled R$ 334.0 million in the first nine months of 2015.