Wilson Sons, a leading Brazilian port and maritime logistics company based in Brazil, posted net revenue of R$ 570 million in the first quarter of 2023 (1Q23), 7.8% higher than in 2022 (R$529 million). EBITDA (earnings before interest, taxes, depreciation, and amortization) totaled R$239.5 million, in line with the first quarter of last year (R$239 million), due to strong exchange rate gains of R$21.2 million in equity accounting in 1Q22 against R$2.8 million in 1Q23.
Listed on the Brazilian Stock Exchange (B3) Novo Mercado segment under the ticker PORT3, Wilson Sons announced its financial results this Wednesday, May 10th, after trading hours.
