The Portuguese technology company Glintt Global announced, this Wednesday, that the rnet profits totaled 3.6 million euros in the first nine months of the year, representing growth of 42.5% compared to the same period in 2023.
In a statement, sent to the Securities Market Commission (CMVM), the company says that the evolution arises from the “impact of positive variations” in items relating to impairment losses and depreciation and amortization, which it attributes to the “success of policies implemented, together with the corporate reorganization that took place, which allowed for greater tax adequacy”, which is said to be “visible” in the profit tax component. On the contrary, he adds, “there was a slight increase in financial charges, as a result of the behavior of interest rates”.
O Consolidated turnover remained practically unchanged, reaching 90.6 million euros by September (+ 0.6%). The technology specialized in the health sector, 75% owned by the National Association of Pharmacies, nevertheless manages a distinct dynamics indoors and outdoors: in the international market, essentially in Spain, turnover grew by 7.4%, while in the national market it decreased by 2.6%.
“In the national market, however, the area of ’Equipments & Automation’ stands out, with an increase in the sale of equipment and robots for pharmacies, as well as the area of ’Tech Consulting & Data’, of Technological Consulting”, highlights. The evolution in the international market was the result of “organic growth fundamentally in the areas of Glintt Life Spain, that is, in the Pharmacy area and in the Hospital area, whether in the sale of application development projects or in the sale and installation of equipment”, he explains in the same statement.
“This good performance seen in the sale and installation of robots, both in the national and international markets, justifies the favorable evolution of the sales component in the composition of revenue, together with the sale of hospital equipment”, he highlights.
EBITDA (profit before taxes, interest, depreciation and amortization) for the first nine months of the year was 15.2 million euros, also in line with the same period in 2023 (-0.2%).
Glintt Global expects to “present the best net results in its history in 2024”, surpassing the milestone of 4.2 million euros in 2008, the year in which Consiste was consolidated with ParaRede, as stated in September, in an interview with Negócios, the CEO, Luís Cocco.
At the beginning of the year, Glintt renewed its corporate identity, changing its name to Glintt Global, an umbrella under which there are two sub-brands: Glintt Life for the healthcare market (present in hospitals and pharmacies in Portugal and Spain ) and Glintt Next for the specialized industries market, such as telecommunications, financial services, energy and public administration and which incorporates consultancy
multisectoral technology.
Source: www.jornaldenegocios.pt
