Earnings Release - 3Q17‌‌‌‌‌‌‌‌‌‌ Conference call: 11/16/2017 at 10:00 (GMT)

This presentation contains statements that can represent expectations about future events or results. These statements are based on certain suppositions and analyses made by the company in accordance with its experience, with the economic environment and market conditions, and expected future developments, many of which are beyond the company's control. Important factors could lead to significant differences between real results and the statements on expectations about future events or results, including the company's business strategy, Brazilian and international economic conditions, technology, financial strategy, developments in the footwear industry, conditions of the financial market, and uncertainty on the company's future results from operations, plans, objectives, expectations and intentions - among other factors. In view of these aspects, the company's results could differ significantly from those indicated or implicit in any statements of expectations about future events or results.

In 3Q17, sales totaled R$ 343.9 million, an increase of 11.5% compared to the same period of the

previous year. R$ 135.7 million

in 3Q17,

increase of 21.3% against 3Q16.

39.5% in 3Q17, increase of 3.2 percentage points

R$ 65.9 million in 3Q17 compared to a income of R$

19.8 million in 3Q16.

R$ 84.0 million in 3Q17, 49.9% increase against 3Q16 and EBITDA margin 24.4%. Sales (Net Revenue)

Gross Income

Gross Margin

Net Income

EBITDA

R$ Million

3Q17 Share 3Q16 Share Var. %

% % 3Q17 / 3Q16

9M17 Share 9M16 Share Var. %

% % 9M17 / 9M16

Domestic market

307.3 89.4% 274.9 89.2% 11.8%

835.1 88.1% 715.9 86.6% 16.7%

Foreign market

36.6 10.6% 33.4 10.8% 9.6%

113.3 11.9% 111.2 13.4% 1.9%

Total net revenue

343.9 100.0% 308.3 100.0% 11.5%

948.4 100.0% 827.1 100.0% 14.7%

Share by market - 3Q17

Domestic market Foreign market

Net Revenue by market

Domestic market Foreignmarket

Net Revenue by market

Domestic market Foreignmarket

10.6%

308.3

33.4

274.9

11.5%

9.6%

11.8%

343.9

36.6

307.3

827.1

111.2

715.9

14.7%

1.9%

16.7%

948.4

113.3

835.1

89.4%

Share by market - 9M17

Domestic market Foreign market

3Q16 3Q17

9M16 9M17

11.9%

88.1%

Vulcabras|azaleia SA published this content on 15 November 2017 and is solely responsible for the information contained herein.
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