Vulcabras’ operating margin narrows in Q3

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Vulcabras’ recurring net income rose by 36 percent to 99.9 million Brazilian reais (€19.6m) in the third quarter of 2022 from R$73.6 million a year earlier. Ebitda declined by 4.8 percent to R$132.2 million (€25.9m) from R$138.9 million and the Ebitda margin narrowed by 6.0 percentage points to 19.9 percent. ...

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