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Brazilian group Azzas 2154 reports recurring net profit of 168 million reais in Q4

Azzas 2154, listed on the B3 stock exchange as AZZA3, released its fourth-quarter results on Wednesday, March 11. In the last quarter of the year, which focused on adjustments for operational efficiency, the company reported a recurring net profit of 168 million reais (32.04 million dollars). This represents a slight decrease of 0.5 percent...

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Business

Azzas 2154: Q4 result highlights revenue growth and strategic adjustments

Following the merger between Arezzo & Co and Grupo Soma in February last year, the newly formed Brazilian fashion giant Azzas 2154 reported fourth quarter gross revenue of 4.2 billion Brazilian real, up 15.1 percent versus the same period in 2023. The results reflect three months of consolidated operations. During the second half of 2024, the...

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