Metalfrio Solutions Sa operates in the Refrigeration and heating equipment sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Metalfrio Solutions Sa with three other
heating, ventilation, plumbing and air conditioning equipment manufacturers in Latin America:
Mirgor SACIFIA
of ARGENTINA
(2020
sales of 86.01 billion Argentinian Pesos [US$901.41 million]
of which 82%
was Electronics),
Garovaglio Zorraquin SA
of ARGENTINA
(2.58 billion Argentinian Pesos [US$27.04 million]
of which 100%
was Thermotanks), and
Hidrostal SA
which is
based in PERU
(123.60 million Peruvian Sols [US$31.27 million]
).
Sales Analysis.
During the first
quarter of 2021, sales at Metalfrio Solutions Sa totalled
468.11 million Brazilian Reals.
This is
an increase of 21.7%
from the 384.59 million Brazilian Reals in sales at the company during the first quarter of 2020.
There appears to be at least some degree of seasonality in the sales at Metalfrio Solutions Sa: during 8 of the previous 9
years, sales were highest during the second quarter.
The exception to this was during 2020, when the
fourth quarter was the best quarter, accounting for
27% of sales (during that same year, the
second quarter accounted for 23% of sales).
Metalfrio Solutions Sa reported sales of 1.45 billion Brazilian Reals (US$283.89 million)
for the
year ending
December of 2020.
This
represents
a
decrease of 2.4%
versus 2019, when the company's sales were 1.48 billion Brazilian Reals.
Contributing to the drop in overall sales was the 4.3% decline
in Products, from 1.26 billion Brazilian Reals to 1.20 billion Brazilian Reals.
.
However, these declines were partially offset by the increase in sales of
Services (up 8.5% to 241.47 million Brazilian Reals)
.