Magazine Luiza SA (OTCPK:MGLUY)
$ 4.61 0 (0%) Market Cap: 848.29 Mil Enterprise Value: 1.91 Bil PE Ratio: 11.19 PB Ratio: 0.46 GF Score: 75/100
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Q4 2020 Magazine Luiza SA Earnings Call Transcript

Mar 09, 2021 / 02:00PM GMT
Release Date Price: $177.15
Operator

Good morning, ladies and gentlemen, and thank you for waiting. Welcome to Magalu's video conference referring to the fourth quarter of 2020 results. We would like to inform you that this event is being recorded and simultaneously translated. (Operator Instructions)

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

Frederico Trajano Inacio Rodrigues
Magazine Luiza S.A. - CEO & Member of Executive Board

Good morning, everybody. Thank you for participating in our results video conference. This is my 20th as the CEO of the company. This is a very special call. Given the fact that we had a very nontypical year in 2020, as we said before, the message of the Executive Committee was that we lived many years in one last year.

And of course, we are keenly aware of the situation of Brazil. As a Brazilian, as a citizen, I'm very sad about everything that happened in Brazil and in the world. And -- but ultimately, from the viewpoint of the company, our team was able to overcome all

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