Smile has a drop in net income for the third quarter of 2018
Smile Fidelidade released its balance sheet on the morning of this Wednesday, October 31. Net income of R $ 212 million was 37.5% lower than in the same period in 2017. However, by disregarding extraordinary effects, Smile's net income in the third quarter of 2018 is 4.8% higher than the year to R $ 153 million. The Group's EBITDA reached R $ 231.3 million, up 41.9% year-on-year. While the Ebtida margin reached 87.8% in the period. The results reflected in the actions of the loyalty company. Around 11:20 am, the group's shares fell 2.22% and were trading at R $ 36.96. Another issue that involved Smile in the last month was the announcement of incorporation of the service by Gol.
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