Marisa announces Consolidated EBITDA of R$ 65.0 million on 1Q15
SAO PAULO, May 4, 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 for the first quarter of 2015 (1Q15).
Highlights:
- Retail Net Revenues with variation of -3.1%, and -4.8% in same store sales;
- Retail Gross Margin reached 49.4%, increase of 20 bps over 1Q14 and 40 bps over 4Q14;
- Financial services again with solid results, with EBITDA reaching R$ 59 million;
- Consolidated EBITDA reach R$ 65.0 million, over R$ 103.0 million in 1Q14.
1Q15 Conference Call
Date: May 5, 2015
Time: 10:00 a.m. (US EST) | 11:00 a.m. (Brasília)
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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