In 2022, Fertilizantes Heringer S.A., a fertilizer manufacturer based in Brazil, achieved a net revenue of 5.68 billion Brazilian reals, representing a significant increase from the previous year's 4.29 billion reals. This positive growth is noteworthy considering the company's continuous decline in net revenue between 2015 and 2019.
During the aforementioned five-year period, Heringer faced a consistent annual decrease in net revenue. These financial challenges were primarily attributed to the economic instability experienced by Brazil as a whole. Despite being established in 1976 and having a prominent position in the country's chemical industry in the past, Heringer struggled to navigate through the national economic turmoil.
Net revenue of Fertilizantes Heringer in Brazil from 2013 to 2022
(in billion Brazilian reals)
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Valor Econômico. (October 25, 2023). Net revenue of Fertilizantes Heringer in Brazil from 2013 to 2022 (in billion Brazilian reals) [Graph]. In Statista. Retrieved November 24, 2024, from https://www.statista.com/statistics/822589/brazil-fertilizantes-heringer-net-revenue/
Valor Econômico. "Net revenue of Fertilizantes Heringer in Brazil from 2013 to 2022 (in billion Brazilian reals)." Chart. October 25, 2023. Statista. Accessed November 24, 2024. https://www.statista.com/statistics/822589/brazil-fertilizantes-heringer-net-revenue/
Valor Econômico. (2023). Net revenue of Fertilizantes Heringer in Brazil from 2013 to 2022 (in billion Brazilian reals). Statista. Statista Inc.. Accessed: November 24, 2024. https://www.statista.com/statistics/822589/brazil-fertilizantes-heringer-net-revenue/
Valor Econômico. "Net Revenue of Fertilizantes Heringer in Brazil from 2013 to 2022 (in Billion Brazilian Reals)." Statista, Statista Inc., 25 Oct 2023, https://www.statista.com/statistics/822589/brazil-fertilizantes-heringer-net-revenue/
Valor Econômico, Net revenue of Fertilizantes Heringer in Brazil from 2013 to 2022 (in billion Brazilian reals) Statista, https://www.statista.com/statistics/822589/brazil-fertilizantes-heringer-net-revenue/ (last visited November 24, 2024)
Net revenue of Fertilizantes Heringer in Brazil from 2013 to 2022 (in billion Brazilian reals) [Graph], Valor Econômico, October 25, 2023. [Online]. Available: https://www.statista.com/statistics/822589/brazil-fertilizantes-heringer-net-revenue/
