Saraiva S.A. Livreiros Editores Announces Financial Results for the Second Quarter and First Half of 2017
Saraiva S.A. Livreiros Editores announced financial results for the second quarter and first half of 2017. For the quarter, the company reported net revenue (stores + e-commerce) of BRL 370,329,000 against BRL 371,044,000 a year ago. LBITDA was BRL 2,238,000 against EBITDA of BRL 1,159,000 a year ago. Net loss was BRL 16,637,000 against BRL 15,093,000 a year ago. Adjusted LBITDA was BRL 470,000 against adjusted EBITDA BRL 1,143,000 a year ago. Consolidated net debt before receivables was BRL 233,000,000 against BRL 311,203,000 a year ago. Consolidated net debt after receivables was BRL 38,555,000 against BRL 95,785,000 a year ago. Adjusted net loss was BRL 11,876,000 against BRL 14,827,000 a year ago.
For the first half, the company reported net revenue (stores + e-commerce) of BRL 873,765,000 against BRL 875,741,000 a year ago. EBITDA was BRL 17,786,000 against BRL 20,857,000 a year ago. Net loss was BRL 16,356,000 against BRL 14,827,000 a year ago. Adjusted EBITDA was BRL 24,573,000 against BRL 20,857,000 a year ago. Adjusted net loss was BRL 15,470,000 against BRL 15,093,000 a year ago.