TOTVS- 3Q15 Earnings Release

USA - English

• Brazil - Português

SAO PAULO, Oct. 28, 2015 /PRNewswire/ -- TOTVS S.A. (BM&FBOVESPA: TOTS3), the leading developer of business solutions in Brazil and Latin America, announces today its results of the third quarter of 2015 (3Q15). The Company's consolidated financial statements were prepared in accordance with the accounting practices adopted in Brazil, which are in consonance with the International Financial Reporting Standards (IFRS).

• Net Revenue: R$464.5 million in 3Q15 (+4.2% vs. 3Q14) and R$1,830.5 million in LTM-3Q15 (+4.7% vs. LTM-3Q14).

• Recurring Revenue: R$286.3 million in 3Q15 (+6.5% vs. 3Q14) and R$1,116.9 million in LTM-3Q15 (+8.7% vs. LTM-3Q14).

• Subscription Revenue: R$33.2 million in 3Q15 (+19.5% vs. 3Q14) and R$124.6 million in LTM-3Q15 (+30.4% vs. LTM-3Q14).

• EBITDA: R$105.1 million in 3Q15 (+0.2% vs. 3Q14) and R$433.6 million in LTM-3Q15 (+0.6% vs. LTM-3Q14).

• Net Income: R$71.7 million in 3Q15 (+5.3% vs. 3Q14) and R$272.1 million in LTM-3Q15 (+6.9% vs. LTM-3Q14).

• Earnings per Share: R$0.44 in 3Q15 (+5.7% vs. 3Q14) and R$1.68 in LTM-3Q15 (+7.5% vs. LTM-3Q14).

• Net Operating Cash Flow: R$93.3 million in 3Q15 (-7.9% vs. 3Q14) and R$361.2 million in LTM-3Q15 (+16.6% vs. LTM-3Q14).

• Corporate Reorganization with Bematech: approved by the shareholders on September 3rd, and by CADE (Brazil´s Council for Economic Defense) on October 22nd.
  

For more information: http://ir.totvs.com 

CONFERENCE CALL - PORTUGUESE: October 29, 2015, 10:30 a.m. (BRT)
Webcast: click here | Telephone: +55 (11) 3193-1001 or +55 (11) 2820-4001 (access code: TOTVS) | Replay: +55 (11) 3193-1012 or +55 (11) 2820-4012 (access code: 31740746#) until November 4, 2015 or on the website ri.totvs.com.br

CONFERENCE CALL - ENGLISH: October 29, 2015, 12:00 p.m. (BRT)
Webcast: click here | Telephone: US Toll Free +1(888) 700-0802 / International +1(786) 924-6977 / Brazil +55 (11) 3193-1001 or +55 (11) 2820-4001 (access code: TOTVS) | Replay: +55 (11) 3193-1012 or +55 (11) 2820-4012 (access code: 4034970#) until November 4, 2015 or on the website ir.totvs.com

IR CONTACTS:
Gilsomar Maia (IRO)
Phone: +55 (11) 2099-7105

Investor Relations
Phone: +55 (11) 2099-7097 / 7773
[email protected]

SOURCE TOTVS S.A.

Related Links

http://ir.totvs.com