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Springs Global Participacoes S.A. (Brazil)

Main Activities: Textile Furnishings Mills | Management of Companies and Enterprises
Full name: Springs Global Participacoes S.A. Profile Updated: April 26, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2022 Available in: English & Portuguese Download a sample report

Springs Global Participacoes S.A. is a company located in Montes Claros, Brazil. It was formed through the merger of two textile companies: CTNM in Brazil and Springs Industries in the United States. The company is a leader in the bed, table, and bath market, with operations in Brazil and Argentina, as well as subsidiaries in the United States. In 2009, Springs expanded its presence in the retail sector by acquiring the MMartan store chain, specializing in bed, table, and bath products. In 2011, the company began developing the Artex store chain. Currently, Springs Global's retail activities are focused on the company AMMO Varejo.

Headquarters
Av. Lincoln Alves Dos Santos, 955, Distrito Industrial
Montes Claros; Minas Gerais; Postal Code: 39404005

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Website: http://www.springs.com

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
November 24, 2005
Key Executives
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Chairman of the Board of Directors
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Member of Board of Directors
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Member of Board of Directors
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Member of Board of Directors
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Member of Board of Directors
Ownership Details
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52.92%
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9.73%
Subsidiaries
Coteminas S.A.
100%
Springs Global U.S. Inc.
100%
Company Performance
Financial values in the chart are available after Springs Global Participacoes S.A. report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency BRL. Absolute financial data is included in the purchased report.
Net sales revenue
-55.06%
Total operating revenue
-55.06%
Operating profit (EBIT)
N/A
EBITDA
N/A
Net Profit (Loss) for the Period
-227.45%
Total assets
-16.06%
Total equity
-81.81%
Operating Profit Margin (ROS)
N/A
Net Profit Margin
-106.78%
Return on Equity (ROE)
-121.01%
Debt to Equity Ratio
539.51%
Quick Ratio
-0.54%
Cash Ratio
-0.03%

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