{"id":197653,"date":"2018-07-18T10:41:01","date_gmt":"2018-07-18T13:41:01","guid":{"rendered":"https:\/\/anba.com.br\/?p=197653"},"modified":"2019-06-30T12:41:11","modified_gmt":"2019-06-30T15:41:11","slug":"weg-export-revenues-19","status":"publish","type":"post","link":"https:\/\/anba.com.br\/en\/weg-export-revenues-19\/","title":{"rendered":"WEG export revenues up 19%"},"content":{"rendered":"<p>S\u00e3o Paulo \u2013 WEG saw its export revenues in US dollars climb 19% year-on-year in quarter two, from USD 406.3 million to USD 483.6 million. The Santa Catarina-based company is one of the world\u2019s leading electronics manufacturers and its sales destinations include Arab countries.<\/p>\n<p>Revenue from foreign sales in Brazilian real also went up, by 32.8%, from BRL 1.3 billion in Q2 2017 to BRL 1.73 billion in Q2 this year.<\/p>\n<p>\u201cGrowth remains concentrated in short-cycle equipment sales, and opportunities are now coming up in projects requiring long-cycle equipment, in the oil and gas and pulp and paper industries,\u201d WEG said in a report regarding its foreign market outlook.<\/p>\n<p>Q2 2018 also saw WEG post its strongest net operating income ever, BRL 3 billion, up 34% from a year ago. It said sales in Brazil were fueled by an improved economic scenario and a stronger contribution from new businesses, like its solar power plants and steam turbine acquisitions.<\/p>\n<p><strong>Translated by Gabriel Pomerancblum<\/strong><\/p>\n<div class=\"credits-overlay\" data-target=\".wp-image-197648\">WEG<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The Brazilian electronics manufacturer grossed USD 483.6 million with foreign sales in the second quarter of this year.<\/p>\n","protected":false},"author":2316,"featured_media":197648,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[91],"tags":[552,3868,3867,3250,3863,33361],"class_list":{"0":"post-197653","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-arab-countries","9":"tag-electronics","10":"tag-export-revenues","11":"tag-foreign-sales","12":"tag-weg","13":"tag-weg-en"},"wps_subtitle":"The Brazilian electronics manufacturer grossed USD 483.6 million with foreign sales in the second quarter of this year. ","_links":{"self":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/197653","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/users\/2316"}],"replies":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/comments?post=197653"}],"version-history":[{"count":0,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/197653\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media\/197648"}],"wp:attachment":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media?parent=197653"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/categories?post=197653"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/tags?post=197653"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}