This material may contain projections and/or estimates of future events. The use of the terms "anticipates", "believes", "expects", "estimates", "plans", "anticipates", "projects", among others, is intended to signal possible trends and statements that evidently involve uncertainties and risks, and future results may differ from current expectations. Forward-looking statements are based on a variety of assumptions and factors, including economic, market and industry conditions, as well as operational factors.
Any changes in these assumptions and factors could lead to practical results that differ from current expectations. These forward-looking statements should not be fully relied upon. Forward-looking statements reflect only opinions as of the date they were made and presented.
The Company is not required to update them in the light of new information or new developments. The Company is not responsible for transactions that are carried out or for investment decisions that are made based on these projections and estimates. Finally, the pro forma financial information contained in this material is unaudited and, therefore, may differ from the final audited results.
Stable revenue evolution. Significant growth of 38.5% in the Services, Software, and Platforms unit, maintenance of the international growth trend, and a slowdown in the evolution of the local market in Brazil.
Control of production costs, improvement in the acquisition of components, optimization of development costs and contract profitability management were the drivers of the increase in gross margin.
Padtec Holding SA published this content on
08 March 2024 and is solely responsible for the information contained therein. Distributed by
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19 March 2024 14:59:07 UTC.
Padtec Holding SA, formerly known as Ideiasnet SA, is a Brazil-based company engaged in the technology sector. Through its wholly-owned subsidiary Padtec SA, the Company is involved in the development, manufacture and commercialization of optical communications systems. It provides solutions for long-distance networks (terrestrial and submarine) and metropolitan networks and produces transmission systems based on wavelength-division multiplexing (WDM) technology. The Firmâs clients portfolio includes Transmissora Alianca de Energia Eletrica SA, Celeo Redes Brasil SA and Eletrosul Centrais Eletricas SA, among others. The Company is controlled by Fundacao CPqD Centro de Pesquisa e Desenvolvimento em Telecomunicacoes.