Positivo Tecnologia returns to net profit in Q4 – Telecompaper

Positivo Tecnologia ended the fourth quarter of 2019 with a net profit of BRL 5.3 million, up from a loss of BRL 2.6 million a year earlier. Adjusted EBITDA in the quarter was BRL 35.9 million, for an EBITDA margin of 6.5 percent (-2.4%). 

A total of 1.6 million PCs were sold in Q4 (+9.1%) and 5.8 million in FY19 (+2.8%). The company’s market share in the PC segment fell to 12.8 percent compared to 16.8 percent a year earlier, but it was the leader in the entry level device market with an 89.1 percent share for notebooks. 

Positivo also had a 3.1 percent share of the mobile phone market, down from 3.3 percent a year earlier. Mobile phone sales grew 9.1 percent in Q4 and 2.8 percent over FY19.