According to the balance sheet published this Wednesday, the holding company Simpar posted a net loss of R$119 million in the third quarter.
The company set a new record for operating results measured by adjusted EBITDA of R$3.1 billion, an increase of 14.2% compared to the third quarter of last year.
According to the balance sheet, net revenue from July to the end of September rose 4.8% over the same period to R$11.4 billion.
Leverage, as measured by the net debt/EBITDA ratio, was 3.5x, up from 3.7x in the prior year period.
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