BRASILIA, Brazil, May 10, 2017 /PRNewswire/ -- In this release, we registered gross revenues of R$137.4 million, an increase of 37.6%, compared to the same period in 2016, achieving another important period of growth. Net income reached R$47.5 million in 2016, a growth of 39.9%, compared to the previous year.
The result was released today (10th) after the market had closed and tomorrow (11th) there will be the conference call (English and Portuguese) for analysts and investors.
All information about the release is available at the Company's web page.
We are Wiz. Beyond an insurance brokerage company, we are a solution provider focused on identifying opportunities and implementing precise solutions to enhance businesses, by combining financial and insurance services with client's needs. Our core pillar is to provide the right service at the exact moment to create remarkable connections. We continue to heavily invest in people and technology to support our digital transformation.
We currently count on more than 1,600 employees and our major shareholders are CAIXA's Employees Work Federation (FENAE), Caixa Seguradora and GP Investments. On June 5, 2015, we have proudly executed our IPO (Initial Public Offering) and today we disclose our results for 2017 first quarter.
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