PAR Corretora releases its 2016 fiscal year this Wednesday (15th)

BRASILIA, Brazil, March 15, 2017 /PRNewswire/ -- In this release, we registered annual gross revenues of R$450.9 million, an increase of 14.9%, compared to the same period in 2015, reaching record levels in our historical series. Net income reached R$148.2 million in 2016, a growth of 13.9%, compared to the previous year.

The result was released today (15^th) after the market had closed and tomorrow (16^th) there will be the conference call (English and Portuguese) for analysts and investors.

All information about the release is available at the Company's web page.

About us

We went through a rebranding process – we are now Wiz. Beyond an insurance brokerage company, we will be a solution provider focused on identifying opportunities and implementing precise solutions to enhance businesses, by combining financial and insurance services with client's needs. The core pillar of this evolutionary process is to provide the right service at the exact moment to create remarkable connections. For this, we will continue to heavily invest in people and technology to support our digital transformation.

We currently count on more than 1,600 employees and our major shareholders are CAIXA's Employees Work Federation (FENAE), Caixa Seguradora and GP Investments. On June 5, 2015, we have proudly executed our IPO (Initial Public Offering) and today we disclose our results for 2016 fiscal year.

CONTACT
Marcus Martino
Chief Financial and Investor Relations Officer
Guilherme Aguiar
IR Superintendent

Phone: +55 (61) 3426-9524
E-mail: ri@wizsolucoes.com.br
Website: http://ri.wizsolucoes.com.br/

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SOURCE PAR Corretora