With surprising financial results, Grupo Havan celebrates a 26.3% growth in the third quarter of 2024 compared to the same period last year. In the first nine months of the year, gross operating revenue totaled over R$11 billion, representing a cumulative increase of 22.6%.
The gross margin also increased by 0.9 percentage points (p.p.), from 37.2% in 2023 to 38.1% in 2024. The EBITDA margin had an impressive jump of 9.0 percentage points, rising from 12.2% to 21.2%.
Another highlight was the net profit, which reached R$ 1.77 billion in the first nine months of the year, compared to R$ 793.57 million in the same period of 2023, representing a growth of 122.9%. With this, the net margin increased by 9.3 percentage points, a 21.9% increase.
The owner of Havan, Luciano Hang, states that these results are a reflection of the efficient strategy and the strengthening of the product mix. We are very pleased with these numbers that reflect our focus on efficiency and always providing the best for our clients. These results are the result of a well-directed strategy and a dedicated team.
The businessman emphasizes that the ongoing efforts to achieve a competitive and profitable business have been rewarded with an important recognition: the new rating devised by the international agency Fitch Ratings, which awarded Havan the highest grade AAA and assessed it with a stable outlook. The new rating confirms Havan's safety and growth strength, as well as reaffirming our commitment to grow and innovate safely.
With next quarter's sales, the Havan Group continues to aim to exceed R$16 billion in revenue.
