Brazil
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Simpress' revenues up 10% in Q3

Bnamericas Published: Friday, November 08, 2013

Leading Brazilian outsourcing printing services and document management firm Simpress reported 120mn reais (US$54mn) in revenues for Q3, reaching its 10% expansion goal for the quarter, the company said in a statement.

Simpress provided no additional information about its quarterly financial and operational performance, such as net income, services revenues and capex.

However, the firm claimed to have opened 100 job positions in the period to meet growing demand, bringing the total new jobs created at the firm between January and September to 300. Simpress has around 1,800 employees in total.

Founded in 2003, Simpress focuses its business on the health, education, law, retail and government sectors, among others. 

For 2013, the company forecasts a 16% expansion, up from 13% last year.

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