1. Home
  2. / Economy
  3. / Bus And Chassis Manufacturer Marcopolo (POMO4) Sees 117% Increase In Gross Profit With 14% Boost In Vehicle Productivity; However, Expansion Investments Declined By 38%
Reading time 3 min of reading

Bus And Chassis Manufacturer Marcopolo (POMO4) Sees 117% Increase In Gross Profit With 14% Boost In Vehicle Productivity; However, Expansion Investments Declined By 38%

Written by Daiane Souza
Published on 02/08/2022 at 08:32
Updated on 02/08/2022 at 08:35
Fabricante de ônibus e carrocerias, Marcopolo (POMO4), tem alta no lucro bruto de 117% com produtividade de veículos aumentada em 14%. No entanto, investimentos em expansão diminuíram 38% - Canva
Fonte da imagem: Canva
Seja o primeiro a reagir!
Reagir ao artigo

On Monday, August 1st, Marcopolo (POMO4) announced not very positive information for its shareholders: a loss of its NET profit of about 86% in the second quarter. The revelation happens within the timeframe that companies have to disclose the cash balance for stock market shareholders. However, GROSS profit doubled.

The performance of Marcopolo (POMO4) recorded a net profit drop of 86% compared to the same period in 2021. Meanwhile, the profit obtained through taxes and investment interests saw a decrease of 63% when analyzing the same timeframe. The body and bus manufacturer stated that one of the reasons for this decline was the lack of raw materials in recent months and the operational losses controlled by Metalsur. The GROSS profit of Marcopolo, according to Infomoney, showed an increase of R$ 131 million in the second quarter with a rise of 117%

Marcopolo (POMO4): The Return On Invested Capital Reached 2%

According to data collected by Marcopolo (POMO4), the return on invested capital reached a percentage of 2% in the second quarter of this year, which represents a drop of two and a half points compared to the same timeframe last year.

The net revenue, meanwhile, amounted to R$ 1.15 billion, which is an increase of about 39%, showing that the brand is considered promising and may rise again on the stock market in a few months.

The initial projection for estimated revenue by the company was around R$ 1 billion, meaning they exceeded targets by over R$ 100 million. The increase in productivity showed a rise in the balance of 14% by manufacturing more than 3,300 units.

Negative Net Financial Result

The financial result was negative, amounting to R$ 39 million, which caused the brand to reverse its financial gains by about R$ 182 million during the same period.

Smaller Investments in the Second Quarter of 2022, with a Reduction of 38%

According to the balances shared by Marcopolo (POMO4) on Monday, August 1st, it is estimated that they reported 38% less investment regarding new acquisitions, applying an equivalent cash value of R$ 18.1 million. On June 30, 2022, the net debt of the company was reaching R$ 1.2 billion with the financial leverage indicator adjusted twice.

Marcopolo (POMO4) Is in Constant Market Expansion with New Job Openings

Marcopolo (POMO4) also has expectations for market expansion, with new job openings in various sectors. In summary, the company is offering opportunities for candidates without higher education qualifications who wish to work in automobile manufacturing, mainly in bodies and buses.

On July 29, Click Petróleo e Gás shared an article with the main job openings at the multinational on its Gupy portal, where they announced a selection process for welding assistants, assemblers, and others to work at the company’s headquarters, located in Rio Grande do Sul (RS).

Source: Infomoney

Share in apps