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    StartNewsBalancesHavan Group achieves record results in 2024 and consolidates itself as a powerhouse

    Havan Group achieves record results in 2024 and consolidates itself as a retail powerhouse

    Extraordinary is the word that defines the financial results of the Havan Group in 2024. With a growth of 22,2%, the gross revenue reached the historic mark of R$ 16 billion, consolidating itself as one of the largest powers in Brazilian retail

    The gross margin also showed a significant improvement of 3 percentage points.p.), jumping from 37,9% on December 31, 2023 for 40,9% at the end of 2024. The EBITDA margin recorded a growth of 7 p.p., passing 16,9% for 23,9% in 2024

    Another impressive milestone was the net profit, that reached R$ 2,7 billion, an extraordinary increase of 82,4% compared to the previous year, when the group recorded R$ 1,4 billion. The net margin grew significantly by 6,7 p.p., reaching 22,8%

    The owner of Havan, Luciano Hang, makes a point of recognizing that the success of 2024 is a reflection of the effort and dedication of the entire team

    "The legendary coach and commentator of American football", Jimmy Johnson, said that 'the difference between ordinary and extraordinary is that little extra'. There is no other word that comes to mind when we look at the 2024 results of Grupo Havan: extraordinary! Taking advantage of Jimmy Johnson's phrase, it was all the 'little extras' we did throughout the year that led us to such a result, say

    The entrepreneur emphasizes that each of the small actions of each of the more than 22,000 employees, the dedication and continuous pursuit of excellence were essential to achieve the results

    "The success of Havan is not only in the people 'inside the house', but each supplier, with each of its collaborators, it is also part of this result. That's why, I want to thank our customers, collaborators and suppliers for the delivery of 2024

    In 2024, the ongoing efforts in search of a competitive and profitable business have also been rewarded with an important recognition: the new rating conceived by the international agency Fitch Ratings, that gave Havan the highest rating AAA. "The new rating confirms the security and strength of Havan's growth", in addition to reaffirming our commitment to grow and innovate with sustainability, highlights Hang

    With unprecedented financial performance and promising prospects, Grupo Havan aims for new records in 2025, when do you intend to surpass the mark of R$ 18 billion in revenue and reach 190 megastores in Brazil

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