Kepler Weber releases results for 2Q13
Record profits for first 6 months
SAO PAULO, Aug. 15, 2013 /PRNewswire/ — Kepler Weber S/A (BM&FBovespa: KEPL3) announced its results for the second quarter of 2013, on this Thursday, August 15, 2013.
The performance of Net Revenues for the second quarter of 2013 reflects an increase in the demand for storage, driven by funding lines and by record volumes for the harvest. Storage is the fastest solution that can be implemented to get past the logistical bottlenecks observed lately in harvest removal, and to cut the losses registered by the agricultural sector. Net Revenues for the 2nd quarter of 2013 were up 75.2% in relation to the same period of 2012, adding up to R$ 128.8 million. Assessing cumulative results for this year, there was 45.0% growth in Net Revenues compared to the year before.
Gains in productivity, control of costs, an increase in volumes and a leveling off of seasonality allowed for a significant increase in the Company’s profitability. Gross Profits stood at R$ 30.3 million for 2Q13, +106.1% in relation to the same period in 2012.
The increase in profitability is also reflected in Operating Profits (+340.3%) and Net Profits (+1,450.6%) which came to R$ 8.7 million (compared to R$ 0.6 million for 2Q12).
In this favorable context, EBITDA reached R$ 19.9 million (with a margin of 15.5% in relation to Net Revenues), compared to a result of R$ 7.0 million achieved in 2Q12, with a margin of 9.5%.
Access the Performance Report for 2Q13 at:
For further information, please contact the Investor Relations department:
KEPLER WEBER S.A.
Olivier Michel Colas
Executive Vice President
About Kepler Weber
Kepler Weber S.A. (BM&FBovespa: KEPL3) operates in the agribusiness sector, specializing in the development of complete solutions in storage. Its client portfolio is made up of trading companies, cooperatives, industries and rural producers, for whom it develops customized projects.
SOURCE Kepler Weber S.A.