São Martinho S.A. announced consolidated earnings results for fourth quarter and full year ended March 31, 2017. For the quarter, the company reported net revenue of BRL 845,677,000, operating profit, before financial effects of BRL 307,907,000, income before income and social contribution taxes of BRL 245,261,000, net income of BRL 119,441,000, compared to the net revenue of BRL 689,199,000, operating profit, before financial effects of BRL 139,682,000, income before income and social contribution taxes of BRL 77,941,000, net income of BRL 72,116,000 for the same quarter a year ago. For the quarter, on pro-forma basis, the company reported net revenue of BRL 900,072,000, operating profit, before financial effects of BRL 310,653,000, income before income and social contribution taxes of BRL 248,683,000, net income of BRL 119,441,000, compared to the net revenue of BRL 813,485,000, operating profit, before financial effects of BRL 154,238,000, income before income and social contribution taxes of BRL 88,094,000, net income of BRL 72,116,000 for the same quarter a year ago. Adjusted EBITDA came to BRL 401 million, increasing 15.8% from fourth quarter of 2016. Adjusted EBIT increased 59.2% to BRL 182.2 million. For the year, the company reported net revenue of BRL 2,609,519,000, operating profit, before financial effects of BRL 668,883,000, income before income and social contribution taxes of BRL 413,645,000, net income of BRL 283,867,000, net cash provided by operating activities of BRL 949,322,000, additions to property, plant and equipment and intangible assets of BRL 357,067,000 compared to the net revenue of BRL 2,338,730,000, operating profit, before financial effects of BRL 486,860,000, income before income and social contribution taxes of BRL 192,638,000, net income of BRL 206,946,000, net cash provided by operating activities of BRL 749,643,000, additions to property, plant and equipment and intangible assets of BRL 279,483,000 for the previous year. Adjusted EBIT increased 24.2% to BRL 707.2 million. Adjusted EBITDA came to BRL 1.44 billion. For the year, on pro-forma basis, the company reported net revenue of BRL 3,002,881,000, operating profit, before financial effects of BRL 706,466,000, income before income and social contribution taxes of BRL 445,552,000, net income of BRL 283,867,000, compared to the net revenue of BRL 2,727,418,000, operating profit, before financial effects of BRL 526,063,000, income before income and social contribution taxes of BRL 205,831,000, net income of BRL 206,946,000 for the same quarter a year ago. On pro-forma basis, net cash provided by operating activities was BRL 1,118,860,000 against BRL 950,225,000 a year ago. Additions to property and intangible assets was BRL 391,654,000 against BRL 324,675,000 a year ago.