Wilson Sons revenue increased 7.8% in the first quarter 2023, to R$570 million
Wilson Sons, a leading Brazilian port and maritime logistics company based in Brazil, posted net revenue of R$ 570 million in the first quarter of 2023 (1Q23), 7.8% higher than the same period in 2022 (R$529 million). EBITDA (earnings before interest, taxes, depreciation and amortization) totalled R$239.5 million, in line with the first quarter of last year (R$239 million), due to strong exchange rate gains of R$21.2 million in equity accounting in 1Q22 against R$2.8 million in 1Q23.
Listed on the Brazilian Stock Exchange (B3) Novo Mercado segment under the ticker PORT3, Wilson Sons announced its financial results this Wednesday, May 10th, after trading hours.
Source: Wilson Sons