Business
Magazine Luiza: EBITDA up 39% and net income positive, driven by omni-channel growth and margin expansion
Magazine Luiza: EBITDA up 39% and net income positive, driven by omni-channel growth and margin expansion

About this update from Magazine Luiza S.a.
Delivered strong margin expansion and a return to profitability in 2024, with EBITDA up 39% and net income positive after two challenging years. Brick-and-mortar and e-commerce both grew, while financial services and ads contributed to margin gains.Based on This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.
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