Magazine Luiza SA (BSP:MGLU3)
R$ 6.98 0 (0%) Market Cap: 5.14 Bil Enterprise Value: 11.71 Bil PE Ratio: 11.19 PB Ratio: 0.46 GF Score: 71/100
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Q1 2019 Magazine Luiza SA Earnings Call Transcript

May 07, 2019 / 02:00PM GMT
Release Date Price: R$56.16 (-4.03%)
Operator

Good morning, ladies and gentlemen, and thank you for waiting. Welcome to Magazine Luiza's conference call referring to the first quarter of 2019 results. (Operator Instructions)

Now we would like to turn the floor over to Mr. Frederico Trajano, CEO of Magazine Luiza. Mr. Trajano, you may proceed.

Frederico Trajano InÃ;cio Rodrigues
Magazine Luiza S.A. - CEO & Member of Executive Board

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Good morning, everyone, and thank you very much for participating in our conference call about the results of the first quarter of this year. Once again, we are with the whole team, our executive team, and I would like to make my presentation first and then we'll both -- we'll give you some additional information and then we will be opening for questions.

I would like to start by saying that we got into this first quarter with a new strategic cycle, a very promising one, that we committed ourselves with some pillars, with some drivers of the strategy, among them the accelerated growth of the company, its financial growth, in fact, Chinese

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