Business
Grupo Mateus: Net profit up 18% to BRL 347.5M, with strong revenue and margin growth
Grupo Mateus: Net profit up 18% to BRL 347.5M, with strong revenue and margin growth

About this update from Grupo Mateus Sa
Net profit rose 18% year-over-year to BRL 347.5 million (ex extraordinary effects), with net revenue up 18.8% and EBITDA margin at 7.4%. Expansion continued with 5 new stores and improved profitability in the Northeast Branch.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.