Marisa - Net Profit increases 73% and reaches R$ 44.5 million in 4Q14
SAO PAULO, Feb. 12, 2015 /PRNewswire/ -- Marisa Lojas S.A. (BM&FBovespa: AMAR3; Bloomberg: AMAR3 BZ), the largest women apparel and lingerie retailer in Brazil focused on the Brazilian emerging middle class, announces today the results of the fourth quarter 2014 (4Q14).
Highlights:
- 56.0% growth in Consolidated EBITDA;
- Retail Gross Margin rose 2.7p.p to 49.0%;
- Retail SG&A Expenses fell 1.5%, representing 39.3% of Retail Net Revenue, reduction of 1.1p.p.;
- Financial services again with solid results;
- Opening of 3 new stores.
4Q14 Conference Call
Date: February 13, 2015
Time: 9:00 a.m. (US EDT) | 12:00 p.m. (Brasilia)
Access phone out of Brazil: +1 (646) 843-6054
IR Contact: +55 (11) 2109-3121 / 6269 [email protected]
SOURCE Marisa Lojas S.A.
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