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May 27, 2015 8:34 AM ET

Hotels, Restaurants and Leisure

Company Overview of CVC Brasil Operadora e Agência de Viagens S.A.

Company Overview

CVC Brasil Operadora e Agência de Viagens S.A., through its subsidiary, CVC Serviços Agência de Viagens Ltda., provides tourism products and services in Brazil and internationally. It provides tour packages, air tickets, ground transportation, hotel reservations, cruise line tickets, and other tourism services. The company offers its tourism services directly to customers through independent service providers. As of December 31, 2014, it owned 34 stores and 880 branded stores. CVC Brasil Operadora e Agência de Viagens S.A. was founded in 2009 and is headquartered in Santo André, Brazil.

Rua das Figueiras

501 – Jardim

Santo André, SP 09080-370

Brazil

Founded in 2009

1,264 Employees

Key Executives for CVC Brasil Operadora e Agência de Viagens S.A.

CVC Brasil Operadora e Agência de Viagens S.A. does not have any Key Executives recorded.

CVC Brasil Operadora e Agência de Viagens S.A. Key Developments

CVC Brasil Operadora e Agência de Viagens S.A. Reports Earnings Results for the First Quarter Ended March 31, 2015

CVC Brasil Operadora e Agência de Viagens S.A. reported earnings results for the first quarter ended March 31, 2015. For the quarter, the company’s gross income is BRL 220 million, an increase of 18.6%. EBITDA had growth of 15.6%, BRL 112.8 million. And the adjusted EBITDA is BRL 120 million or 20%. As a percentage of net income, EBITDA -- the adjusted EBITDA corresponds to 54.8%, an increase of 0.6% points as compared to first quarter of 2014. Net profit total was BRL 52.3 million, a growth of 33% as compared to first quarter of 2015. And the adjusted net income increased BRL 35.1 million in the same period of time. Cash flow in operation activities increased from BRL 65.3 million in first quarter of 2014 to BRL 158.2 million in first quarter of 2015, due to more marketing need for working capital. Return on invested capital was 31% over the last 12 months, ending in March 2015, 1.4% points above the last 12 months ended in March 2014. Net debt was BRL 294 million on March 31, 2015 and BRL 412 million in 2014.

CVC Brasil Operadora e Agência de Viagens S.A. to Report Q1, 2015 Results on May 05, 2015

CVC Brasil Operadora e Agência de Viagens S.A. announced that they will report Q1, 2015 results After-Market on May 05, 2015

CVC Brasil Operadora e Agência de Viagens S.A. Presents at 3rd Itau BBA LatAm Consumer Event, Mar-23-2015

CVC Brasil Operadora e Agência de Viagens S.A. Presents at 3rd Itau BBA LatAm Consumer Event, Mar-23-2015 . Venue: London, United Kingdom.

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