Q4-2018 | % Sales | Q4-2017 | % Sales | Var. % | |
Net Sales | 3,136.4 | 100.0% | 2,885.2 | 100.0% | +8.7% |
Gross Profit | 2,012.9 | 64.2% | 1,798.0 | 62.3% | +11.9% |
Operating Income | 550.6 | 17.6% | 595.9 | 20.7% | (7.6)% |
EBITDA(2) | 579.3 | 18.5% | 613.2 | 21.3% | (5.5)% |
Net Income(3) | 327.0 | 10.4% | 338.6 | 11.7% | (3.4)% |
(2) EBITDA is defined as operating income before depreciation and amortization. | |||||
(3) Net Income of Majority Shareholders for 2017. |