financetom
Business
financetom
/
Business
/
Brazilian motor maker WEG reports 16.4% rise in first-quarter net profit
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Brazilian motor maker WEG reports 16.4% rise in first-quarter net profit
May 25, 2025 9:50 PM

SAO PAULO, April 30 (Reuters) - Brazilian motor maker

WEG on Wednesday reported a first-quarter net profit

of 1.54 billion reais ($274 million), up 16.4% from a year

earlier but falling short of the 1.78 billion expected by

analysts in an LSEG poll.

WEG's net revenue for the quarter reached 10.08 billion

reais, a 25.5% year-on-year increase although also below the

10.49 billion forecast by analysts.

($1 = 5.6200 reais)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Copyright 2023-2026 - www.financetom.com All Rights Reserved