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Springs Global Participacoes S A
R$1.64
Jan 31, 9:03:07 PM GMT-3 · BRL · BVMF · Disclaimer
StockBR listed security
Previous close
R$1.64
Year range
R$1.48 - R$5.95
Market cap
16.40M BRL
P/E ratio
-
Dividend yield
-
Primary exchange
BVMF
Market news
Financials
Income Statement
Revenue
Net income
(BRL)Dec 2023Y/Y change
Revenue
181.47M-18.35%
Operating expense
100.57M-28.63%
Net income
-224.80M2.26%
Net profit margin
-123.88-19.71%
Earnings per share
EBITDA
-56.55M64.64%
Effective tax rate
1.15%
Total assets
Total liabilities
(BRL)Dec 2023Y/Y change
Cash and short-term investments
51.45M-79.29%
Total assets
2.04B-24.42%
Total liabilities
2.76B19.21%
Total equity
-724.52M
Shares outstanding
Price to book
Return on assets
-11.55%
Return on capital
-33.03%
Net change in cash
(BRL)Dec 2023Y/Y change
Net income
-224.80M2.26%
Cash from operations
17.14M154.70%
Cash from investing
-19.50M-172.75%
Cash from financing
-23.81M56.07%
Net change in cash
-36.84M-150.13%
Free cash flow
-13.69M-109.13%
About
Springs Global is a Brazil-based multinational corporation engaged in the manufacturing, marketing, and sale of packaged textile and non-textile home furnishings. It makes textile goods, such as sheets, pillows, bedspreads, towels and bath rugs, under the Springmaid and Wamsutta brands. Other well-known brands from Springs Global include Regal, Beaulieu, Bali, and Nanik. It operates in Argentina, Mexico, Brazil, Canada and the U.S. and has about 30 manufacturing units in 13 states of the U.S. The previous owner, Springs Industries, combined its home textile operations with Brazil's Coteminas, and the main manufacturing operations were moved to South America from Lancaster County, South Carolina, where the original plant had provided jobs for nearly one-third of the county's population. After the relocation of manufacturing to Brazil, the resulting structure left the renamed Springs Global US to work alongside Coteminas as the operating units of parent Springs Global; most manufacturing decisions and control originate from the Montes Claros headquarters, while executive control is in the U.S. Wikipedia
Founded
2005
Employees
7,454
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