Marisa - EBITDA increases 44.6% and reach R$ 103 million in 1Q14 and Net Profit increases 57.3% in 1Q14 - KATV - Breaking News, Weather and Razorback Sports

Marisa - EBITDA increases 44.6% and reach R$ 103 million in 1Q14 and Net Profit increases 57.3% in 1Q14

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SOURCE Marisa Lojas S.A.

SAO PAULO, May 8, 2014 /PRNewswire/ -- Marisa Lojas S.A. (BM&FBovespa: AMAR3; Bloomberg: AMAR3 BZ), announces today the results for the first quarter of 2014 (1Q14).

Highlights:

  • 11.0% growth in Consolidated Net Revenue;
  • Retail Gross Margin of 50.2%, increase of 1.4 p.p. (excluding Social Contribution accounting change);
  • Consolidated EBITDA margin of 14.8%, increase of 3.4 p.p.;
  • Acquisition of 20% of Netpoints;
  • Opening of 3 new stores and reforms of 4 stores in 1Q14.

1Q14 Conference Call
Date: May 9, 2014
Time: 11:00 a.m. (US EDT) | 12:00 p.m. (Brasilia)
Access phone out of Brazil: +1 (646) 843-6054

IR Contact: +55 (11) 2109-3121 / 6191 dri@marisa.com.br

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