Trisul S.A. Reports Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2018; Provides Sales Guidance for the Year 2018
For the six months, the company reported gross operating revenue BRL 248,587,000 compared to BRL 199,055,000 a year ago. Net operating revenue was BRL 243,876,000 compared to BRL 195,302,000 a year ago. Operating income was BRL 38,784,000 compared to BRL 14,536,000 a year ago. Income before income taxes and social contribution was BRL 36,597,000 compared to BRL 8,838,000 a year ago. Net income was BRL 30,288,000 compared to BRL 5,121,000 a year ago. Net cash used in operating activities was BRL 30,637,000 compared to net cash from operating activities of BRL 32,675,000 a year ago. Acquisition of fixed assets was BRL 2,734,000 compared to BRL 3,819,000 a year ago. Intangible assets acquisition was BRL 253,000 compared to BRL 67,000 a year ago. EBITDA was BRL 43,175,000 compared to BRL 18,781,000 a year ago. Adjusted EBITDA was BRL 46,595,000 compared to BRL 23,807,000 a year ago.
For the year 2018, the company expects gross sales to be in the range of BRL 550 million to BRL 650 million.