202031 Mar

Linx Grows 21.8% in Net Revenues in the Fourth Quarter of 2019 Compared to the Same Period in 2018

Summary

SÃO PAULO--(BUSINESS WIRE)--Linx, leader and specialist in technologies for retail, closed the fourth quarter of 2019 with gross operating revenues of BRL 256 million. In 4Q19, we signed new projects to integrate retailers online and offline channels through OMS, totaling around 16 customers at different stages of implementation. Due to the spread of the new Coronavirus (COVID-19) in Brazil and Latin America, we have put in place a plan covering several preventive measures necessary to minimize the effects of the pandemic, such as: creation of a Crisis Committee, implementation of home office for all Employees from March 16 and suspension or postponement of national and international business trips. Linx continues to operate normally and reaffirms its commitment to the safety of its Employees, ensuring service to Customers and Suppliers, and consequently, to the business. We will continue to invest in innovation and in valuing our team to bring people and technology even closer together through passionate shopping experiences around the world.

Source: Businesswire

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