4Q16

4Q16

• 4Q16 and FY2016 Earnings Release

  • The year was marked by significant market challenges, the return of one of the founding partners as CEO, and path adjustments to resume the historical levels of performance; 
  • The quarter was impacted by the sales rationalization process, with adjustments to sales conditions, seeking to lay more solid groundwork for 2017, which caused a significant and expected reduction in volumes.