CV: Commercial Vehicles | LV: Light Vehicles
Net revenue R$ 3.5 billion in 4Q23 and R$14,9 billion in 2023
Gross margin of 10.9% in 4Q23 and 10,1% in 2023
9.9% increase on recurring EBITDA² in 4Q23 with a margin of 8.3%
Leverage³ of 2.93x in 4Q23
Reduction of R$242.1 million (16.2%) in net debt in 4Q23¹
Total liquidity of R$ 3,462.4 million4 in 4Q23 compared to R$ 3,916.9 million in 4Q22
¹Compared to the same period of the previous year
² Not considering the non-recurring effects in both periods
³Net debt/EBITDA of the last 12 moth
4Cash + revolving credit facilities