Lojas Renner S.A. reported consolidated earnings results for the second quarter and six months ended June 30, 2018. For the quarter, the company reported revenue from sale of goods and /or services of BRL 2,020,097,000 compared to BRL 1,831,132,000 a year ago. Income before taxes on profit was BRL 338,656,000 compared to BRL 272,265,000 a year ago. Profit for the period was BRL 274,709,000 or BRL 0.3804 per diluted share compared to BRL 193,583,000 or BRL 0.2787 per diluted share a year ago. Total EBITDA was BRL 428.3 million compared to BRL 374.4 million a year ago. Adjusted total EBITDA (Retail + Financial Products) was BRL 434.2 million compared to BRL 382.7 million a year ago. Operating cash flow was BRL 415.8 million compared to BRL 378.0 million a year ago. Capex was BRL 134.2 million compared to BRL 118.4 million a year ago. Net income from continuing operations was BRL 274,709,000 compared to BRL 193,583,000 a year ago.

For the six months, the company reported revenue from sale of goods and /or services of BRL 3,648,382,000 compared to BRL 3,246,456,000 a year ago. Income before taxes on profit was BRL 494,830,000 compared to BRL 351,367,000 a year ago. Profit for the period was BRL 386,151,000 or BRL 0.5351 per diluted share compared to BRL 260,559,000 or BRL 0.3870 per diluted share a year ago. Net cash from operating activities was BRL 94,310,000 compared to BRL 288,593,000 a year ago. Acquisitions of property, plant and equipment assets were BRL 162,442,000 compared to BRL 143,640,000 a year ago. Acquisitions of intangible assets were BRL 65,848,000 compared to BRL 41,277,000 for the last year. Total EBITDA was BRL 672.2 million compared to BRL 557.6 million a year ago. Adjusted total EBITDA (Retail + Financial Products) was BRL 683.7 million compared to BRL 573.2 million a year ago. Operating cash flow was BRL 489.2 million compared to BRL 427.1 million a year ago. Capex was BRL 228.3 million compared to BRL 184.9 million a year ago. Net debt as at June 30, 2018 was BRL 1,020.3 million compared to BRL 1,106.2 million a year ago. Net income from continuing operations was BRL 386,151,000 compared to BRL 260,559,000 a year ago.

For the quarter, the company reported loss in the write-off of fixed assets of BRL 1,219,000 compared to BRL 725,000 a year ago.