Lupatech S.A.: Net Consolidated Revenues Grows by 73.1% in 2007

Thu Feb 14, 2008 4:51pm EST
 
[-] Text [+]
EBITDA totals R$97.5 million and backlog reaches record levels

    CAXIAS DO SUL, Brazil, Feb. 14 /PRNewswire-FirstCall/ -- Lupatech S.A.
(BOVESPA: LUPA3), leading manufacturer of Industrial Valves in the Mercosur,
equipment for the Oil & Gas sector and parts for the Automotive Chain,
announces today its 4Q07 and full year 2007 results.
    4Q07 Highlights

    -- Net Consolidated Revenues grew by 87% as a result of business
       expansions and acquisitions.
    -- Oil and gas backlog for Brazil exceeded R$400 million.
    -- International partnership with the Neterwala Group paved the way for
       new business in Asia.
    -- Shareholder value creation exceeded R$1.38 billion in 2007; 87.5% up on
       2006.

    Lupatech will host two Conference Calls, the first in Portuguese on
Tuesday, February 19, 2008 at 10:00 a.m. (Brazil Time) / 08:00 a.m. (NY Time)
- Telephone: (55 11) 2188-0188 - Code: Lupatech - Replay: (55 11) 2188-0188;
and the second in English on Tuesday, February 19, 2008 at 11:30 a.m. (Brazil
Time) / 09:30 a.m. (NY) - Telephone: +1 (973) 935-8893 - Replay:
+1 (706) 645-9291 - Code: 33044014
    IR CONTACTS

    Thiago Alonso de Oliveira
    CFO & IRO

    Cynthia Burin
    IR Manager

    Telephone: +55 (11) 2134-7000
    E-mail: ri@lupatech.com.br

SOURCE  Lupatech S.A.

Thiago Alonso de Oliveira, CFO & IRO, or Cynthia Burin, IR Manager,
+011-55-11-2134-7000, ri@lupatech.com.br, both of Lupatech S.A.

 

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