Springs Global Participacoes S.A. operates in the Broadwoven fabric mills, cotton sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Springs Global Participacoes S.A. with three other
companies in this sector in BRAZIL :
Companhia de Tecidos Norte de Minas COTEMINAS
(2019
sales of 1.87 billion Brazilian Reals [US$332.06 million]
of which 68%
was Wholesale South America),
Dohler S.A.
(499.55 million Brazilian Reals [US$88.90 million]
), and
Cia Fiacao Tecidos Cedro Cachoeira
(677.33 million Brazilian Reals [US$120.55 million]
).
Sales Analysis.
Springs Global Participacoes S.A. reported sales of 1.42 billion Brazilian Reals (US$253.17 million)
for the
year ending
December of 2019.
This
represents
an
increase of 3.8%
versus 2018, when the company's sales were 1.37 billion Brazilian Reals.
Despite this increase, sales are still
well
below the level achieved in 2017, when Springs Global Participacoes S.A.
reported sales of 2.20 billion Brazilian Reals.
Sales of Retail Business saw an increase
of
3.6% in 2019, from
258.60 million Brazilian Reals to 268.00 million Brazilian Reals.
Not all segments of Springs Global Participacoes S.A. experienced an increase in sales in 2019:
sales of Wholesale fell 5.9% to 1.12 billion Brazilian Reals.