TOTVS - 2011: Record Earnings
4Q11: +17.5% MAINTENANCE FEE REVENUE; +42.9% NET INCOME; EBITDA OF R$87.052 MILLION
SAO PAULO, Jan. 31, 2012 /PRNewswire/ -- TOTVS S.A. (BM&FBOVESPA: TOTS3), the leader in developing and marketing integrated enterprise management software and provision of related services in Brazil and Latin America, today announces its results for the fourth quarter of 2011 (4Q11).
Highlights of the period:
- Net Revenue: R$1,279.160 million in 2011 (+13.3% vs. 2010); and R$335.066 million in 4Q11 (+13.3% vs. 4Q10).
- License Fees: R$328.877 million in 2011, (+ 8.0% vs. 2010); and R$80.394 million in 4Q11 (+6.6% vs. 4Q10).
- Service Revenue: R$408.545 million in 2011 (+11.1% vs. 2010); and R$111.810 million in 4Q11, up 13.7% on 4Q10.
- Maintenance Fee: R$649.381 million in 2011 (+15.7% vs. 2010); and R$171.552 million in 4Q11, up 17.5% on 4Q10.
- EBITDA: R$308.683 million in 2011 (+6.6% vs. 2010); and R$87.052 million in 4Q11 (+11.9% vs. 4Q10 and +12.8% vs. 3Q11).
- Net Income: R$169.383 million in 2011 (+23.2% vs. 2010); and R$60.030 million in 4Q11, the highest in the Company´s history (+ 42.9% vs. 4Q10).
- Dividends: distribution of dividends (interest on equity and dividends) proposed in the amount of R$99.511 million for fiscal year 2011, representing R$0.6240 per share (+12.7% vs. 2010).
- Market Share: according to the study entitled "Latin America Semiannual ERM Tracker 1H11" released by IDC, TOTVS increased its share in Brazilian ERM market and in small and medium enterprises ERM market (SMB).
For further information, please visit: www.totvs.com/ir.
Conference Call in English
Wednesday, February 01, 2011, 9:00 a.m. (New York)
Webcast: www.totvs.com/ir
Phone: +1 (412) 317-6776
Code: TOTVS
IR Contacts
Alexandre Dinkelmann
Investor Relations Office
Phone: +55 (11) 2099-7105 / 7097 / 7090
[email protected]
SOURCE TOTVS S.A.
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