TOTVS: 3Q14 - Earnings Release

 

 

 

 

SAO PAULO, Oct. 29, 2014 /PRNewswire/ -- TOTVS S.A. (BOVESPA: TOTS3), a leader in the development and marketing of integrated enterprise management software, business and technology platforms, as well as the provision of related services in Brazil and Latin America, announces today its results for the third quarter of 2014 (3Q14).

• Net Revenue: R$445.6 million in 3Q14 (+8.6% vs. 3Q13) and R$1,748.4 million in 12M-3Q14 (+13.4% vs. 12M-3Q13).
• Recurring Revenue: R$268.6 million in 3Q14 (+16.3% vs. 3Q13) and R$1,013.4 million in 12M-3Q14 (+15.1% vs. 12M-3Q13).
• EBITDA: R$105.0 million in 3Q14 (+0.1% vs. 3Q13), and R$430.9 million in 12M-3Q14 (+9.1% vs. 12M-3Q13).
• Net Income: R$68.1 million in 3Q14 (+20.7%. vs. 3Q13) and net margin of 15.3% (+160bp vs. 3Q13).
• Earnings per share: R$0.42 in 3Q14 (+20.5%. vs. 3Q13).
• Net operating cash flow generation: R$101.4 million in 3Q14 (+39.7% vs. 3Q13).
• New Board of Directors Members: Rodrigo Kede and Romero Rodrigues Filho.

CONFERENCE CALL – PORTUGUESE: October 30, 2014, 10:30 a.m. (Brasilia)

Webcast: click here | Telephone: [phone] (access code: TOTVS) | Replay: [phone], [phone] (access code: 1073526#, until October 5, 2014), or on the website ri.totvs.com.br CONFERENCE CALL – ENGLISH: October 30, 2014, 12:00 p.m. (Brasilia)

 

Webcast: click here | Telephone: US: [phone], [phone] / BRAZIL: [phone], [phone] (access code: TOTVS) | Replay: [phone], [phone] (access code: 8366549#, until October 5, 2014), or on the website ir.totvs.com.br

IR CONTACT
Gilsomar Maia (IRO)
Phone: [phone]

Flávio Bongiovanni / Douglas Furlan (IR)
Phone: [phone] / 7773
[e-mail]

SOURCE TOTVS S.A.

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