TOTVS in 2Q10: 18th Consecutive Quarter of Double-Digit Net Revenue Growth, 18.9% Growth in License Revenue and 745 New Clients (+31.4%)
SAO PAULO, July 28 /PRNewswire-FirstCall/ -- TOTVS S.A. (BOVESPA: TOTS3), the leader in developing and marketing integrated enterprise management software and provision of related services in Brazil, today announces its results for the second quarter of 2Q10.
Highlights of the period:
- 18th consecutive quarter of double-digit organic growth.
- 745 new software clients, 31.4% more than in the same period of previous year.
- Net Revenue: 12.4% growth over 2Q09, totaling R$270.128 million, a new quarterly record.
- License fee: R$70.316 million in 2Q10, 18.9% growth over 2Q09 – a record.
- Average ticket per client, 11.6% higher than in 1Q10.
- Services Revenue: 12.1% growth (2Q10 vs. 2Q09), amounting to R$90.588 million.
- Maintenance Fee Revenues: R$137.497 million in 2Q10, 12.3% higher than in 2Q09 – a record.
- EBITDA of R$62.747 million, with margin of 23.2%.
- Net Income and Adjusted Net Income with quarterly records of R$34.681 million (+25.7% vs. 2Q09) and R$45.908 million (+24.3% vs. 2Q09), respectively.
- TOTVS expands its leadership in ERP-suite in Brazil in 2009, according to IDC and reaches 65.6% market share in the small and medium companies segment.
For further information, please visit: www.totvs.com/ir
Conference Call in English |
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Thursday, July 29, 2010, 01:00 p.m. (Brasilia) |
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Webcast: www.totvs.com/ir |
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Phone: 1 (412) 858-4600 |
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Code: TOTVS |
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SOURCE TOTVS S.A.
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