3Q18

3Q18

• 3Q18 Earnings Release

  • Strong increase in revenues and continuous profit improvement.
  • Net revenue increased by 23% in the quarter with a gross margin of 57%.
  • Adjusted EBITDA in the quarter increased by 41% with a margin of 26%.
  • Adjusted profit increased by 84% with a net margin of 15% in the quarter, that is, an increase of 5 p.p.
  • Adjusted cumulative EBITDA for the 12-month period totaled R$ 136 million, at one of the lowest historical leverage levels.