Springs Global: EBITDA reaches R$ 63.5 million, with a 35.4% growth
São Paulo, April 19th, 2016 - Springs Global Participações S.A. (Springs Global), the Americas largest company in bedding, tabletop and bath products, reported in the first quarter of 2016 (1Q16) growth of 9.9% in net revenue, which totaled R$ 602.6 million, and continued its course of margin expansion.
The highlights of Springs Globals performance in 1Q16 were:
To access the PDF file, click here.
Springs Global will host a conference call and webcast tomorrow, April 20th, 2016, at 2 pm São Paulo time, 1 pm New York time and 6 pm London time, in Portuguese with simultaneous translation to English.
Earnings conference call - 1Q16
Time: 2 pm São Paulo time / 1 am New York time / 6 pm London time
In Portuguese: +55 11 3193-1001/ +55 11 2820-4001
In English: +1 888 700-0802 (Toll free) / +1 786 924-6977
Passcode: Springs Global
For further information, contact:
+55 11 2145-4476
Alessandra Gadelha - IR Officer