SAG GEST - Soluções Automóvel Globais, SGPS, SA Reports Unaudited Consolidated Earnings Results for the Six Months Ended June 30, 2017
September 31, 2017
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SAG GEST - Soluções Automóvel Globais, SGPS, SA reported unaudited consolidated earnings results for the six months ended June 30, 2017. For the period, the company reported turnover of €331,295,000 against €322,267,000 a year ago. EBITDA was €9,721,000 against €10,213,000 a year ago. EBIT was €8,586,000 against of €9,284,000 a year ago. EBT was €540,000 against €1,684,000 a year ago. Net loss was €522,000 against €200,000 a year ago. Net Profit Attributable to the company's Shareholders was €630,000 against €296,000 a year ago.
SAG Gest Solucoes Automovel Globais SGPS SA is a Portugal-based holding company engaged in the automotive sector. The Company is primarily involved in the import, distribution, retail and rental of new passenger and commercial cars, as well as spare parts and accessories. It is also active in the retail and wholesale of used cars. Additionally, the Company is engaged in the provision of after-sales services, car financing services and insurance brokerage. It operates in Portugal and Brazil. The Company's portfolio includes various brand names, including Volkswagen, Audi, Skoda, Bentley and Lamborghini. The Company has a number of subsidiaries, such as SIVA SA, Soauto Comercio de Automoveis SA and Rolporto SA.