Saraiva S.A. Livreiros Editores Announces Consolidated Financial Results for the First Quarter Ended March 31, 2018
Saraiva S.A. Livreiros Editores announced consolidated financial results for the first quarter ended March 31, 2018. For the quarter, the company reported, net revenue (Stores + E-commerce) was BRL 608,414,000 against BRL 541,317,000 a year ago. EBITDA was BRL 24,590,000 against BRL 20,024,000 a year ago. Adjusted EBITDA was BRL 28,156,000 against BRL 25,044,000 a year ago. Adjusted net income was BRL 3,673,000 against BRL 3,594,000 a year ago. Net income was BRL 1,320,000 against BRL 281,000 a year ago. Same store sales growth was 4.3% against 5.5% a year ago. Consolidated net debt before receivables was BRL 284,398,000 against BRL 267,143,000 a year ago.