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Brazilian companies make less profit and reduce investments

The financial situation of companies is hindering investments, which had a 3.4% drop in the first quarter compared to the previous three months. The data are from IBGE.

Alexandre Maluf and Rodolfo Margato, economists at XP Investimentos, point out that companies are more indebted.

The situation has worsened over the last 12 months.

A study by TC Economática from the performance of 312 Brazilian companies points out that the nominal net operational revenue (not including inflation) grew by 4.51% compared to the first quarter of 2022 and 2023.

The operating result or cash generation, measured by Ebitda . . .

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