TOTVS: 1Q14 Earnings Release

USA - English

• Brazil - Português

SAO PAULO, April 29, 2014 /PRNewswire/ --

• Net Revenue: R$431.9 million in 1Q14 (+15.4% vs. 1Q13) and R$1,669.5 million in LTM-1Q14 (+16.2% vs. LTM-1Q13)
•  Incremental license fee from corporate model: R$20.3 million in 1Q14 (+19.9% vs. 1Q13)
• Maintenance fee Revenue: R$211.6 million in 1Q14 (+13.9% vs. 1Q13) and R$809.1 million in LTM-1Q14 (+17.1% vs. LTM-1Q13)
• EBITDA: R$114.2 million in 1Q14 (+17.1% vs. 1Q13) ,with an EBITDA margin of 26.5% (+310pb vs. 4Q13)
• Net Income: R$61.6 million in 1Q14 (+18.7%. vs. 1Q13) and R$232.8 million in LTM-1Q14 (+11.3% vs. LTM-1Q13)
• Dividends: dividends distribution approval of R$115.9 million (R$0.71 per share) , totaling R$155.8 million in shareholder remuneration for the fiscal year of 2013 (R$0.95 per share, +30.9% vs. 2012)

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

CONFERENCE CALL - PORTUGUESE: April 30, 2014, 9:30 a.m. (US EST) / 10:30 a.m. (BRT)

Webcast: click here | Phone: +55 (11) 4688-6361, +55 (11) 3193-1001, +55 (11) 2820-4001 (access code: TOTVS) | Replay: +55 (11) 3193-1012, +55 (11) 2820-4012 (access code: 9594611#, until May 5, 2014), or on the website ir.totvs.com

CONFERENCE CALL – ENGLISH: April 30, 2014, 11:00 a.m. (US EST) / 12:00 p.m. (BRT)

Webcast: click here | Phone: US: +1 (786) 924-6977 / BRAZIL: +55 (11) 4688-6361, +55 (11) 3193-1001, +55 (11) 2820-4001 (access code: TOTVS) | Replay: +55 (11) 3193-1012, +55 (11) 2820-4012 (access code: 1307990#, until May 5, 2014), or on the website ir.totvs.com

IR Contacts

Gilsomar Maia
Investor Relations Officer
Phone: +55 (11) 2099-7105 / 7097/7773
[email protected] 

SOURCE TOTVS S.A.