Grupo Mateus SaBMFBOVESPA: GMAT3

Grupo Mateus: 2024 saw double-digit revenue and profit growth, driven by expansion and margin gains

· Issued by Grupo Mateus SA

Gross revenue grew 20.3% in 2024 to BRL 36.4 bn, with EBITDA up 26.2% and net income up 12.7%. Expansion continued with 15 new stores and market share gains in the Northeast and Pará.

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