[ad_1]
In his results, he said that “the emergency has forced us to adjust our short-term tasks.”
Despite the complex start to the first quarter, the national technology company Sonda reported a significant increase in its profits, which totaled $ 8,003 million, a 68% growth compared to the same period of the previous year, “Mainly due to positive effects of Non-Operating Income and Income Tax”.
Revenue grew 10.5%, totaling $ 215,569 million, while costs were $ 185,573 million, which are compared to $ 162,923 million in the same prior period.
Of the markets in which it participates, Brazil registered an increase of 17.5%, totaling revenues of $ 65,913 million, while in Chile it rose 9% to $ 98,392 million and Mexico fell 28% to $ 10,259 million.
Ebitda fell 28.1% to Ch $ 14,564 million, where the greatest falls were seen in Mexico and Brazil, leaving negative ground for both segments.
“The volume of business closed in the first quarter of 2020 was US $ 255.4 million, decreasing by 18.0% (y / y). At the regional level, Brazil contributed 31.4%. The growth of Mexico and OPLA (other countries in the region) stands out, increasing by 29.2% and 17.9%, respectively (y / y) ”, he detailed in his report.
Measures for coronavirus
The company, which was again chaired by Andrés Navarro, reported that the first months of the year were marked by Covid-19 and “the uncertainty generated by the magnitude of its effects and duration on people, companies, governments and the world economy ”.
They added that they have taken a series of measures to protect the health of workers and customers, which “allow us to continue providing services at a time when technology plays a fundamental role. Today we have more than 75% of our staff in Latin America in telework “, detailed. The firm has more than 15,000 employees, mainly in Brazil (7,447) and Chile (3,011).
“The emergency has forced us to adjust our short-term tasks, but without neglecting the objectives of our Strategic Plan 2019–2021, whose execution we began in 2019, ”he added.
According to the document, liquidity is one of the risks generated by the pandemic, although “It is not yet possible to determine the negative impact that this pandemic could generate on the commercial activity of the company, on the payment capacity of its clients and on other factors that may affect the liquidity of the Sonda.”
The company has available resources of US $ 182 million, considering cash and cash equivalents and other current financial assets.
In this framework, the company detailed that a series of action plans have been taken, where in addition to the operational measures, delinquency is monitored by type of debtors and portfolio through a corporate committee and at the country level Dedicated to continuous monitoring in these aspects, in addition to reassigning functions from other areas, to support the collection management of the company, he reported.
Another committee is closely monitoring liquidity requirements.
->
