{"id":24264,"date":"2023-04-26T10:43:09","date_gmt":"2023-04-26T10:43:09","guid":{"rendered":"https:\/\/lynettelockhart.com\/client\/brazils-weg-posts-q1\/"},"modified":"2023-04-26T10:57:28","modified_gmt":"2023-04-26T10:57:28","slug":"brazils-weg-posts-q1","status":"publish","type":"post","link":"http:\/\/lynettelockhart.com\/client\/brazils-weg-posts-q1\/","title":{"rendered":"Brazil&#8217;s WEG posts Q1 net profit up 38%, in line with forecasts"},"content":{"rendered":"<p>SAO PAULO (Reuters) &#8211;     Brazilian motor maker WEG SA on Wednesday reported a first-quarter net profit of 1.3 billion reais ($257.29 million), up 38.4% from a year earlier and roughly in line with analysts&#8217; forecasts in a Refinitiv poll.<\/p>\n<p>WEG said the quarter was marked by a good performance in its main foreign markets as well as continued good demand in Brazil, especially for long-cycle products &#8211; those used in large-sized projects such as transmission lines and wind power.<\/p>\n<p>($1 = 5.0527 reais)<\/p>\n<p \/>\n<p> (Reporting by Gabriel Araujo, Editing by Louise Heavens)<\/p>\n<p><a href=\"https:\/\/lynettelockhart.com\/client\/brazils-weg-posts-q1\/the-company-logo-for-weg-is-displayed-on-a-screen\/\"><img decoding=\"async\" src=\"https:\/\/lynettelockhart.com\/client\/wp-content\/uploads\/Reuters_Direct_Media\/USOnlineReportBusinessNews\/tagreuters.com2023binary_LYNXMPEJ3P0FX-VIEWIMAGE.jpg\" alt=\"tagreuters.com2023binary_LYNXMPEJ3P0FX-VIEWIMAGE\"><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>SAO PAULO (Reuters) &#8211; Brazilian motor maker WEG SA on Wednesday reported a first-quarter net profit of 1.3 billion reais ($257.29 million), up 38.4% from a year earlier and roughly in line with analysts&#8217; forecasts in a Refinitiv poll. WEG said the quarter was marked by a good performance in its main foreign markets as [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":24265,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":""},"categories":[1213],"tags":[],"class_list":["post-24264","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-u-s-business"],"jetpack_featured_media_url":"http:\/\/lynettelockhart.com\/client\/wp-content\/uploads\/Reuters_Direct_Media\/USOnlineReportBusinessNews\/tagreuters.com2023binary_LYNXMPEJ3P0FX-VIEWIMAGE.jpg","_links":{"self":[{"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/posts\/24264","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/comments?post=24264"}],"version-history":[{"count":1,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/posts\/24264\/revisions"}],"predecessor-version":[{"id":24266,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/posts\/24264\/revisions\/24266"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/media\/24265"}],"wp:attachment":[{"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/media?parent=24264"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/categories?post=24264"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/tags?post=24264"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}