Published at 8:55 am
Weg (WEGE3) announced this Thursday, 2, that it had a net profit of R$ 1.327 billion in the first quarter of 2024 (1Q24). This value corresponds to an increase of 1.6% compared to 1Q23.
Ebitda totaled R$ 1.769 billion in 1Q24, 4.8% higher than 1Q23 and 3.2% lower than 4Q23, while the Ebitda margin of 22% was 0.1 percentage point higher than in 1Q23 and 0.6 percentage point higher than the previous quarter.
Net Operating Revenue was R$8.033 billion in 1Q24, 4.4% higher than 1Q23 and 6.2% lower than 4Q23
Return on Invested Capital (ROIC) reached 38.9% in 1Q24, growth of 7.5 percentage points compared to 1Q23 and a reduction of 0.3 percentage points compared to 4Q23.
See more details in the table below:
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