March 06, 2015 12:40 PM ET

Consumer Finance

Company Overview of Luizacred S.A. Sociedade Crédito Financiamento Investimento

Company Overview

Luizacred S.A. - Sociedade de Crédito, Financiamento e Investimento provides financing solutions for the purchase of goods and services, and for working capital in Brazil. The company was founded in 1997 and is based in São Paulo, Brazil. As of February 22, 2014, Luizacred S.A. Sociedade Crédito Financiamento Investimento operates as a joint venture between Itaú Unibanco Holding S.A. and Magazine Luiza S.A.

Amazonas da Silva, nº 27

2º andar

Vila Guilherme

São Paulo, SP 02051-000

Brazil

Founded in 1997

Phone:

55 11 2108 0010

Key Executives for Luizacred S.A. Sociedade Crédito Financiamento Investimento

Chairman of the Board and President of the Executive Board
Age: 66
Compensation as of Fiscal Year 2014.

Luizacred S.A. Sociedade Crédito Financiamento Investimento Key Developments

Luizacred Announces Earnings Results for the Third Quarter and Nine Months of 2013

Luizacred announced earnings results for the third quarter and nine months of 2013. For the quarter, the company reported financial intermediation revenue of BRL 306.6 million compared with BRL 276.2 million for the same period a year ago. Income before tax was BRL 33.0 million compared with BRL 10.8 million for the same period a year ago. Net income was BRL 19.4 million compared with BRL 6.5 million for the same period a year ago. For the nine months, the company reported financial intermediation revenue of BRL 887.5 million compared with BRL 815.0 million for the same period a year ago. Income before tax was BRL 92.5 million compared with loss before tax of BRL 10.0 million for the same period a year ago. Net income was BRL 55. million compared with net loss of BRL 6.3 million for the same period a year ago.

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
NYC2012, Inc. United States
Lawyers Committee for Civil Rights Under Law United States
Bertelsmann AG Europe
Rush University United States
Greater Houston Partnership United States

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact Luizacred S.A. Sociedade Crédito Financiamento Investimento, please visit www.magazineluiza.com.br/luizacred/. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.