Focusing on margins and returns in a slow recovery environment

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 2016 (3Q16).

3Q16 Highlights

• Net operating revenues reached R$ 2,238.1 million in the 3Q16, 12.1% lower than the previous year and 4.2% lower than the previous quarter;

• EBITDA reached R$ 338.1 million and EBITDA margin reached 15.1%, 0.4 percentage point lower than the 3Q15 and 1.1 percentage point higher than the 2Q16;

• Net Income totaled R$ 257.0 million, 3.2% lower than the 3Q15 and 0.8% higher than the 2Q16. Net margin of 11.5%, 1.1 percentage point higher than the previous year and 0.6 percentage point higher than the previous quarter;

• Investments in capacity expansion and modernization totaled R$ 243.0 million until the end of September 2016, 28% in industrial plants in Brazil and 72% in industrial facilities abroad, with the new electric motors industrial plants in Mexico and China being the highlights.

Downloads - WEG 3Q 2016 results:

3Q16 Earnings Release (pdf - 769 KB)

WEG SA published this content on 26 October 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 26 October 2016 10:06:10 UTC.

Original documenthttp://www.weg.net/ri/en/slide-frontpage/3q16-results/

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