December 19, 2014 8:24 AM ET

Hotels, Restaurants and Leisure

Company Overview of Sapore S.A.

Company Overview

Gran Sapore Br Brasil S/A. operates corporate restaurants. The company was founded in 1992 and is based in Campinas, Brazil. Gran Sapore Br Brasil S/A. operates as a subsidiary of Banco Nacional de Desenvolvimento Economico e Social-BNDES.

Rua São Luiz do Paraitinga, 53

Jardim do Trevo

Campinas, SP 13040-002

Brazil

Founded in 1992

Key Executives for Sapore S.A.

Sapore S.A. does not have any Key Executives recorded.

Sapore S.A. Key Developments

Raizen and Sapore Forms Joint Venture to Invest BRL 250 Million in 100 Convenience Stores

Raizen and Sapore will invest about BRL 250 million in the opening of 100 convenience stores at Raizen's filling stations across the country in the next five years. After four months of talks, the two companies agreed to form a joint venture in which Raizen has 60% and Sapore holds the rest. The investments in the convenience stores will be divided in accordance with the size of the companies' shareholdings. Besides serving snacks and meals, each store will have a convenience products area.

Sapore Reports Earnings Results for the Year 2013; Provides Revenue Guidance for the Year 2014 and 2015

Sapore reported earnings results for the year 2013. For the year, the company reported a net profit of BRL 17.6 million, down 55% year-on-year due to the higher costs caused by increased food prices. Revenue rose 12.6% to BRL 1.2 billion. For the year 2014, the company aims at annual revenue growth of 15%. For the year 2015, the company aims at annual revenue growth of 20%.

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