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Murray News

GPA has short window to improve results, CEO says

Brazil’s second-largest food retailer is seeking to recover share in the premium segment 09/29/2022 Marcelo Pimentel — Foto: Carol Carquejeiro/Valor In his first interview since taking over Brazil’s second-largest food retailer GPA (Grupo Pão de Açúcar), six months ago, CEO Marcelo Pimentel has a clear perception that there is a short window open for the […]

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29 de September de 2022/by Gelcy Bueno
Murray News

Retailers are more exposed to uncertainty in Brazil, Fitch says

Managing Director Ricardo Carvalho said that companies must present better results to avoid rating pressure, downgrade 09/29/2022 Guararapes and C&A are among companies that need to improve their results to bring their leverage ratios in line with the current rating, Fitch said — Foto: Matt Lloyd/Bloomberg Retail companies are the most exposed ones to the effects […]

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29 de September de 2022/by Gelcy Bueno
Murray News

Expansion in North, Northeast regions is priority, Aegea says

Company won the auction of two public-private partnerships to build sewage systems in Ceará 09/29/2022 Rogerio Tavares — Foto: Divulgação Aegea Saneamento will prioritize expanding in Brazil’s North and Northeast regions, said Rogério Tavares, the group’s chief institutional affairs officer. On Tuesday, the company won the auction of two public-private partnerships to build sewage systems in Ceará, taking […]

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29 de September de 2022/by Gelcy Bueno
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