Operational adjustments resulting positive impacts on results

WEG S.A., one of the world's largest manufacturers of electric-eletronic equipment, announced today its results for the second quarter of 2017 (2Q17).

2Q17 Highlights

• Net operating revenues were R$ 2,280.8 million in 2Q17, a 2.3% decrease from 2Q16 and a 6.9% increase from 1Q17;

• EBITDA reached R$ 370.6 million and EBITDA margin reached 16.2%, a 2.2 percentage point increase from 2Q16 and a 0.7 percentage point increase from 1Q17;

• Net Income totaled R$ 272.2 million, a 6.7% increase from 2Q16 and 5.6% increase from 1Q17. Net margin of 11.9% represented a 1.0 percentage point increase from 2Q16 and a 0.2 percentage point decrease from 1Q17;

• Investments in capacity expansion and modernization totaled R$ 123.0 million in the first half of 2017, 45% in industrial plants in Brazil and 55% in industrial facilities abroad.

Downloads - WEG 2Q 2017 results:

2Q17 Earnings Release (pdf - 400KB)

2Q17 ITR Form (pdf - 1,3 MB - Portuguese only)

WEG SA published this content on 19 July 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 19 July 2017 10:58:10 UTC.

Original documenthttp://www.weg.net/ri/en/without-category/2q17-results/

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