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Technos S.A. (Brazil)

Main Activities: Offices of Other Holding Companies
Full name: Technos S.A. Profile Updated: October 28, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English & Portuguese Download a sample report

Technos S.A. is a company located in Rio de Janeiro, Brazil. It is the largest watch company in Latin America and has been operating since 1956. The company develops, assembles, and distributes watches, both directly and through its subsidiaries. In the 1980s, Technos S.A. established an assembly plant in Manaus. Over the years, the company has diversified its portfolio to include other brands and market segments. In 2008, Technos S.A. had three nationally recognized brands targeting the middle class, including its own brand "Technos," as well as "Mormaii" and "Seiko" through licensing or distribution agreements. In 2009, the company added the "Euro" brand to its portfolio to enter the fashion segment, and in 2010, it relaunched the "Mariner" brand. In 2012, Technos S.A. acquired exclusive distribution rights for the "Timex" brand throughout Brazil, strengthening its position in the sports segment. The company also launched the "Allora" brand and acquired the "Touch" brand in 2012 to further enhance its presence in the fashion segment. In March 2013, Technos S.A. announced the acquisition of the Dumont Saab Group, adding new brands to its portfolio, including its own brands "Dumont" and "Condor," as well as licensed international brands from the Fossil Group such as "Fossil" and "Michael Kors." Currently, Technos S.A. has a portfolio of 10 well-positioned brands, including "Technos," "Condor," "Mormaii," "Euro," "Dumont," "Fossil," "Michael Kors," "Touch," "Allora," and "Mariner," catering to various customer profiles.

Headquarters
Avenida Das Americas, N 4200, 6 Pavimento, Bloco 05, Barra Da Tijuca
Rio de Janeiro; Rio de Janeiro; Postal Code: 22640102

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Website: http://www.grupotechnos.com.br

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
November 21, 2007
Key Executives
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Chairman of the Board of Directors
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Member of Board of Directors
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Member of Board of Directors
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Member of Board of Directors
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Member of Board of Directors
Ownership Details
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26.2%
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11.61%
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11.58%
Subsidiaries
Scs Comercio de Acessorios de Moda Ltda.
100%
Scs-2 Comercio de Acessorios de Moda Ltda.
100%
Technos da Amazonia Industria e Comercio S.A. (Manaus)
100%
Company Performance
Financial values in the chart are available after Technos S.A. report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency BRL. Absolute financial data is included in the purchased report.
Net sales revenue
13.72%
Total operating revenue
13.72%
Operating profit (EBIT)
3.07%
EBITDA
4.2%
Net Profit (Loss) for the Period
19.78%
Total assets
6.44%
Total equity
6.31%
Operating Profit Margin (ROS)
-1.5%
Net Profit Margin
0.75%
Return on Equity (ROE)
1.08%
Debt to Equity Ratio
0.89%
Quick Ratio
-0.13%
Cash Ratio
-0.05%

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