Grupo Casas Bahia SA (BSP:BHIA3)
R$ 7.09 -0.02 (-0.28%) Market Cap: 673.44 Mil Enterprise Value: 10.54 Bil PE Ratio: 0 PB Ratio: 0.20 GF Score: 54/100

Q3 2021 Via SA Earnings Call Transcript

Nov 11, 2021 / 12:00PM GMT
Release Date Price: R$134.96 (-12.48%)
Rosi Balabram

So at Via, we're still affected by this loss, and we feel a lot of gratitude for everything she built and great honor to have been part of the strong connection with Brazil and Brazilians. So we would like to state our solidarity with all of the families and fans of [Marile Mendoza,] this artist that just died last week. We wanted to also mention this relevant event we disclosed yesterday about our labor claims and our credit our fiscal credits. We had to perform some structural adjustments in order to address the legacy and really reflect the current cost of these lawsuits and claims in our base. This adjustment reflects the current and recent changes as well as the scenario of the past 2 years as a worldwide pandemic. It was unprecedented, and it really impacted the social economic conditions in the country. The adjustments performed in this quarter do not keep us from keeping up a strong pace of growth and profitability at Via.

Now we want to talk about our earnings. In the 9 months of 2021, we had a growth in our GMV that was very significant and robust. We reached BRL 32.8 billion

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