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Cielo SA (CIEL3.SA)

CIEL3.SA on Sao Paulo Stock Exchange

6.84BRL
17 May 2019
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R$ 6.84
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Wed, Apr 24 2019

Too early to say if Brazil's Cielo will meet profit target: CEO

SAO PAULO Cielo SA Chief Executive Paulo Caffarelli said on Wednesday it was too early to determine if the Brazilian card processor would meet its annual profit target in 2019, as competition is still fierce, though he maintained that guidance.

UPDATE 1-Too early to say if Brazil's Cielo will meet profit target -CEO

SAO PAULO, April 24 Cielo SA Chief Executive Paulo Caffarelli said on Wednesday it was too early to determine if the Brazilian card processor would meet its annual profit target in 2019, as competition is still fierce, though he maintained that guidance.

Brazil's Cielo launches instant payments and sees prices still going down

SAO PAULO, April 24 The chief executive of Cielo SA said on Tuesday the Brazilian card processor will offer clients free card reader machines and instant payments, following recent moves by competitors such as PagSeguro Digital Ltd and Itaú Unibanco Holding SA's unit Rede.

Brazil card processor Cielo reports drop in profit as competition heats up

SAO PAULO Brazilian card processor Cielo SA on Tuesday posted a steeper-than-expected 45 percent drop in quarterly profit, with expenses surging by more than a fifth after it boosted promotional spending amid rising competition.

UPDATE 1-Brazil card processor Cielo reports drop in profit as competition heats up

SAO PAULO, April 23 Brazilian card processor Cielo SA on Tuesday posted a steeper-than-expected 45 percent drop in quarterly profit, with expenses surging by more than a fifth after it boosted promotional spending amid rising competition.

Brazil's Cielo posts lower Q1 profit amid fierce competition

SAO PAULO, April 23 Brazilian card processor Cielo SA on Tuesday posted a steeper than expected 45 percent drop in quarterly profit amid tough competition among payment solutions companies in Brazil.

UPDATE 1-Brazil's Cielo targets up to $691 mln profit in 2019, vs $883 mln in 2018

SAO PAULO, Jan 29 Brazil's Cielo SA is targeting profit of between 2.3 billion reais and 2.6 billion reais ($612 million to $691 million) this year, down from 3.3 billion reais ($883 million) in 2018, the card processor said in a securities filing on Tuesday.

Brazil's Cielo aims for 2019 profit of $612 million-$691 million

SAO PAULO, Jan 29 Brazilian card processor Cielo SA is targeting profit of between 2.3 billion reais and 2.6 billion reais ($612 million to $691 million) this year, down from 3.3 billion reais in 2018, the company said in a securities filing on Tuesday.

UPDATE 1-Brazil's Cielo misses 4th-qtr estimates amid fierce competition

SAO PAULO, Jan 28 Brazilian card processor Cielo SA missed analysts' forecasts for the fourth quarter amid fierce competition among payment solution companies in Brazil.

Brazil's Cielo misses fourth-quarter estimates amid fierce competition

SAO PAULO, Jan 28 Brazilian card processor Cielo SA missed analysts' forecasts for the fourth quarter amid fierce competition among payment solution companies in Brazil.

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