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Intelbras is a reference technology company located in the city of São José, in Santa Catarina (SC). The giant's balance sheets were recently revealed along with several other companies on the Stock Exchange.
The technology giant from Santa Catarina, Intelbras, announced, at the end of last week, which were its financial results and presented expressive numbers, in which the increase in revenue was 40% compared to the previous year after carrying out the acquisition of other brands of solar energy. The institution had net income of R$96,776 million and operating income of R$1 billion. The results shook the brand's shares on the stock exchange.
Activity levels, according to Altaïr Silvestri, CEO of the company, have increased exponentially, and this can make them remain firm with the new challenges. According to the CEO, the second half will present a favorable environment for business.
Meanwhile, Intelbras shares on the Stock Exchange, the Ibovespa, showed an exponential drop of at least 6% in the last twelve months. The drop of the institution in 2022 reaches 3% and, in relation to last Monday, August 01st, there was a negative variation of 1,4%.
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| Min — Max (Day) | 26,39 – 27,27 |
| Variation (Day) | -1.43% |
| Variation (Month) | -1.43% |
| Variation (2022) | -3.41% |
| Variation (52 weeks) | -6.52% |
Solar energy, provided by Renovigi Energia Solar, is part of the giant's portfolio
In the second half of 2021, Intelbras announced that it would be concluding the acquisition of Renovigi Solar Energy. The company is a reference in the production of photovoltaic solar panels in Santa Catarina (SC) and, therefore, could stimulate the buyer's cash.
The integration process of this new investment involved three main pillars: financial, operational and commercial. Due to the increasing demand for solar energy due to the legal framework, which provides for the start of taxation of ICMS on everything produced from 2023 onwards, Renewable-focused brands are seeing good returns in 2022.
Renovigi has already reached 241% growth and increases revenues and expectations with Intelbras shares
With investments in solar energy becoming more in vogue due to the 14300 Law and the legal framework, which provides for the start of taxation for those who install photovoltaic panels after the year 2023, Renovigi, acquired last year by Intelbras, already shows an increase of at least 241%.
With this in mind, Intelbras announces that it is interested in continuing to operate in the same sector in order to meet the targets for 2022 and, therefore, guarantee good dividends for its shareholders.
Now, estimates, according to the Investing portal, are that Intelbras shares continue with new valuations of 36,90%. In relation to this, it is estimated that each share sells for an average price of $37.
More on the stock market this week
With high Selic, which should go to at least 13,75% in August with the new Central Bank COPOM meeting, the Stock Exchange in Brazil has been losing investors, who are opting to invest their money in Direct Treasury and Fixed Income.
With that in mind, last Monday, August 01st, the Ibovespa ended the day with a sharp drop of at least 0,9%, with around 101 thousand points. The accumulated devaluation during the last year reaches more than 16% while in the last six months it reached 2,4%.
| Min — Max (Day) | 101.764 – 103.317 |
| Variation (Day) | -0.91% |
| Variation (Month) | -0.91% |
| Variation (2022) | -2.47% |
| Variation (52 weeks) | -16.07% |
