Log in
Log in
Or log in with
GoogleGoogle
Twitter Twitter
Facebook Facebook
Apple Apple     
Sign up
Or log in with
GoogleGoogle
Twitter Twitter
Facebook Facebook
Apple Apple     
  1. Homepage
  2. Equities
  3. Brazil
  4. Bolsa de Valores de Sao Paulo
  5. WEG S.A.
  6. News
  7. Summary
    WEGE3   BRWEGEACNOR0

WEG S.A.

(WEGE3)
  Report
Delayed Bolsa de Valores de Sao Paulo  -  03:54 2022-12-06 pm EST
37.80 BRL   +0.53%
12/02Weg S A : acquires remaining share of MVISIA
PU
12/01Weg S A : acquires the remaining portion of MVISIA
PU
11/28Weg S A : Succession Planning
PU
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisionsFunds 
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector news

WEG S A : ranked the best company in the Capital Goods and electronics sector in Brazil

10/22/2021 | 11:04pm EST

On the night of October 20, 2021, WEG received the award for best company in the capital goods and electronics sector in the Exame´s Biggest and Best Directory. The award is the result of a survey conducted by financial magazine Exame, in partnership with Ibmec, which considers economic and financial data from 2020. The best companies identified in 18 economy sectors stand out for their success achieved while conducting their business and for positively impacting the Brazilian economy.

In addition to the traditional evaluation criteria which includes accounting results, growth within the segment over the past five years, governance, social and environmental responsibility, this year Exame has also considered companies that had the ability to adapt themselves to the pandemic crisis and that are aligned with the new market challenges.

"Upon a scenario of major business volatility and substantial limitations imposed by the pandemic, in 2020 WEG achieved great economic performance with revenue growth of over 30%, in addition to participating in different initiatives to minimize the pandemic impact on people's lives. One of the initiatives implemented by WEG consisted of factory rearrangement to allow the manufacture of 1000 medical ventilators, which certainly supported the treatment of many infected people. I thank Exame for the recognition, and I extend my congratulation to our over 36 thousand employees for this achievement upon so many challenges", says WEG´s CEO, Harry Schmelzer Jr.

Disclaimer

WEG SA published this content on 21 October 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 23 October 2021 03:03:03 UTC.


© Publicnow 2021
All news about WEG S.A.
12/02Weg S A : acquires remaining share of MVISIA
PU
12/01Weg S A : acquires the remaining portion of MVISIA
PU
11/28Weg S A : Succession Planning
PU
11/22Weg S A : Summary of Deliberations
PU
11/22Weg S A : Minutes of the Metting of the Board of Directors - 1,037
PU
11/21Weg S A : Live stream scheduled
PU
11/21Weg S A : energy-efficient motors power Hong Kong's sustainable development
PU
11/18Weg S A : Transcrição da Teleconferência de Resultados do 3T22
PU
11/16Weg S A : supplies slip-ring motor for carbon capture plant in Norway
PU
11/08Transcript : WEG S.A. - Analyst/Investor Day
CI
More news
Financials
Sales 2022 29 455 M 5 604 M 5 604 M
Net income 2022 4 105 M 781 M 781 M
Net cash 2022 1 090 M 207 M 207 M
P/E ratio 2022 38,7x
Yield 2022 1,16%
Capitalization 162 B 30 866 M 30 866 M
EV / Sales 2022 5,47x
EV / Sales 2023 4,74x
Nbr of Employees -
Free-Float 35,5%
Chart WEG S.A.
Duration : Period :
WEG S.A. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends WEG S.A.
Short TermMid-TermLong Term
TrendsNeutralBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 14
Last Close Price 37,60 BRL
Average target price 42,81 BRL
Spread / Average Target 13,9%
EPS Revisions
Managers and Directors
Harry Schmelzer Chief Executive Officer
André Luís Rodrigues Chief Financial & Administrative Officer
Alidor Lueders Chairman-Supervisory Board
Décio da Silva Head-Quality Control Area
Paulo Sergio dos Santos Chief Information Officer
Sector and Competitors
1st jan.Capi. (M$)
WEG S.A.13.37%30 866
KEYENCE CORPORATION-21.87%100 387
SCHNEIDER ELECTRIC SE-19.11%81 378
EATON CORPORATION PLC-7.21%64 948
EMERSON ELECTRIC CO.2.34%57 289
NIDEC CORPORATION-36.92%35 928