WEG reported its 1Q11 results with year-over-year revenue growth of 18.7% and net income growth of 1.6%. Revenue from external markets grew 45.4% in local currency and 59.1% in US dollars. Cost of goods sold was impacted by higher steel and copper prices. EBITDA declined 9.3% due to negative impacts from foreign exchange rates on gross revenues and higher cost of goods sold, partially offset by volume increases. Cash flow from operations was positive and cash levels remained high. The company will continue investing in new production capacity to capture medium and long term growth opportunities globally.
Toronto real estate statistics august 2011John Helfrich
Toronto Real Estate Market Statistics for August 2011. Focus on East End Toronto Homes and East End Toronto Real Estate. The Beaches, Riverdale, Leslieville, Danforth Village, East Danforth, Danforth Mosaic
Toronto real estate statistics august 2011John Helfrich
Toronto Real Estate Market Statistics for August 2011. Focus on East End Toronto Homes and East End Toronto Real Estate. The Beaches, Riverdale, Leslieville, Danforth Village, East Danforth, Danforth Mosaic
1. Motors | Energy | Transmission & Distribuition | Automation | Coatings
1Q11 Results Conference Call
April 28, 2011
Q1 2011 Results Conference Call April 28, 2011
2. Disclaimer
The statements that may be made during this conference call
relating to WEG’s business perspectives, projections and operating
and financial goals and to WEG’s potential future growth are
management beliefs and expectations, as well as information that
are currently available.
These statements involve risks, uncertainties and the use of
assumptions, as they relate to future events and, as such, depend
on circumstances that may or may not be present.
Investors should understand that the general economic conditions,
conditions of the industry and other operating factors may affect
WEG’s future performance and lead to results that may differ
materially from those expressed in such future considerations.
Q1 2011 Results Conference Call Página 2 April 28, 2011
10. Capex Program
Outside Brazil
Brazil
73,8
61,4
53,7 44,1
43,7 13,0
34,2 2,0 33,8
8,2
40,7 42,1
27,2 30,1 25,6
Q1 Q2 Q3 Q4 Q1
2010 2011
R$ million
Q1 2011 Results Conference Call Página 10 April 28, 2011
11. Final Remarks
Growth is robust and increasingly diversified :
Products
Segments
Geographies
Unfavorable scenario has a short term impact, but it can be
minimized over the next quarters
2010 acquisitions underwent profound changes when
incorporated into WEG
We are working to maximize returns on recent investments on
new capacity
Medium and long term opportunities continue to be very
attractive
Q1 2011 Results Conference Call Página 11 April 28, 2011