Positivo Tecnologia Q2 net profit surges 342% to BRL 11.1 million – Telecompaper

Brazilian PC and mobile phone manufacturer Positivo Tecnologia closed the second quarter of 2019 with a net profit of BRL 11.1 million (+342.6%), driven mainly by mobile and server sales. Net revenue was BRL 565.2 million (+16.5%) and adjusted EBITDA amounted to BRL 49.5 million (+178%), with an adjusted EBITDA margin of 8.1 percent.

Mobile phone sales reached 485,900 units (+24.3%), enabling Positivo to increase its market share to 3.7 percent (+1%). Server sales increased 23.9 percent to 10,355 units, and PC sales (desktop and laptop) exceeded 203,000 units (+49.8%).