AlmavivA exceeds R$ 1 billion in revenue in Brazil and increases its Ebit by 41.2%
Growth is attributed to the acquisition of new cross-industry clients and the development of the trade marketing areaData: 03.04.2019
AlmavivA do Brasil closed 2018 with a gross revenue of R $ 1.018 billion, representing a 4.2% in the same period of 2017. In relation to net revenue, the result was R $ 926 million in 2018, an increase of 4.1% when compared to the figure recorded in the previous year.
Regarding the indicators showing only the operating profit of the company, AlmavivA do Brasil ended 2018 with Ebitda of R$ 91 million, 18% higher than in 2017, the year in which it obtained R$ 77 million (and its Ebit was R$ 59 million, equivalent to 41.2% more than the previous year, which was R$ 42 million).
The growth of the company in Brazil, which is part of the Italian Group AlmavivA, is due to the increase in operational efficiency, the acquisition of new customers and the expansion of technological solutions and trade marketing services in its portfolio.
AlmavivA do Brasil achieved results that boost the company’s position in Brazil and make the Country an even more prominent market for the Group. “Growth expectations for 2019 are significant in relation to all financial indicators, with the aim of making AlmavivA do Brasil the second largest company in the segment in the first half of the year,” said Francesco Renzetti, CEO of AlmavivA do Brasil.
Job creation, technology and trade marketing -In November 2018, AlmavivA do Brasil registered about 32,000 employees, and in April 2019 the forecast is to reach approximately 34,000, or 2,000 more people in the workforce. Regarding the profile of these professionals, 44% had in AlmavivA do Brasil the opportunity to get their first job. Of this total, the majority are female (66%) and aged between 18 and 24 years (53%).
Among the company’s bets for this year is the development of new technology projects for the sector, always focusing on quality and productivity in customer service. Another highlight is to expand trade marketing services with multidisciplinary teams, whose focus is to maximize sales and differentiate products and services at points of sale.
“Our industry is changing rapidly. In the coming months, there will be a strong concentration, just as it happened in more mature markets in the past years. The companies that will be able to compete will have the structure of lean costs, efficient operations, innovative technologies, financial strength,” says Francesco Renzetti.