Cielo S.A. operates in the Functions related to deposit banking sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Cielo S.A. with three other
banks in Latin America:
Banco De Credito E Inversiones
of Chile
(2018
sales of 2.44 trillion Chilean Pesos [US$3.17 billion]
of which 21%
was Commercial Banking),
Banco Do Nordeste Do Brasil Sa
(9.51 billion Brazilian Reals [US$2.30 billion]
of which 42%
was Own Portfolio), and
Banco Estado Do Rio Grande Do Sul SA
(11.88 billion Brazilian Reals [US$2.87 billion]
of which 100%
was Banking & Related Activities).
Sales Analysis.
Cielo S.A. reported sales of 11.69 billion Brazilian Reals (US$2.83 billion)
for the
year ending
December of 2018.
This
represents
a very small
increase of 0.7%
versus 2017, when the company's sales were 11.60 billion Brazilian Reals.
Despite this increase, sales are still
below the level achieved in 2016, when Cielo S.A.
reported sales of 12.30 billion Brazilian Reals.
Sales of Management of Payments Accounts saw an increase
that was more than double the company's growth rate: sales were up
3.2% in 2018, from
2.59 billion Brazilian Reals to 2.68 billion Brazilian Reals.