WEG is the 2nd best performing company for shareholders

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WEG is among the best placed companies in the Broadcast Empresas 2021 Award, prepared by Agência Estado in partnership with investment platform Economática. The company was ranked 2nd among 206 companies, with shares traded on B3, which generated the best performance for shareholders. In addition, the company was also awarded in the special “Sustainability” category. 

Companies with net asset above R$ 10 million have participated in the ranking, which disclosed their balance sheets within the term provided by law and which are up to date with their creditors within the analyzed period. Now on its 21st edition and carried out annually, the Ranking evaluated seven indicators usually considered by investors and  financial market executives: variation in equity profitability; payment of dividends referred to equity; price/profit index (PL); share price/book value (P/VPA); share price fluctuation; stock market volatility; and share liquidity. 

The ten companies with the best performance for their shareholders in the year 2020 were announced today, July 13, at 9:00 am, in an online event held by Agência Estado and broadcast on the Broadcast page on YouTube. The awarding ceremony counted on the special participation of WEG´s CFO, André Luis Rodrigues, who spoke about the recovery of the economy in the post-pandemic period. Other executives including Luciano Siani, CFO of Vale; Ilan Goldfajn, former President of Brazil´s Central Bank and Fábio Alves, Broadcast Journalist also took part of the event.

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