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Allos maintains an active portfolio management strategy into 2024, says chairman

Allos will maintain active portfolio management in 2024, with more share sale deals than acquisitions, the mall operator’s executive chairman, Rafael Sales, said on a conference call with analysts on Thursday.

The company reported net profit rising 30.5% in the fourth quarter compared to the same period in 2022, to 235.3 million reais, according to financial statements released a day earlier.

Analysts at Itaú BBA and BTG Pactual considered the balance positive, maintaining an “outperform” rating and a “buy” recommendation for the shares respectively.

Source: Terra

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