WEG

WEG Overview

Founded 1961
Founded
Status Public
Employees 31,830
Employees
Stock Symbol WEGE3
Stock Symbol
Investments 19
Share Price $7.53 (As of Wednesday Closing)

WEG General Information

Description

Weg SA produces and sells electric motors, generators, control systems, and other industrial devices worldwide. The company has three reportable segments: industry, energy, and foreign (outside of Brazil). The industry segment manufactures various motors, drives, controls, and equipment for industrial automation. Energy products primarily consist of electricity generators for power plants, turbines, control systems, and transformers to aid distributed energy systems and solutions. Sales generated outside Brazil account for majority of total revenue, and the firm has diversified into several regions to build a customer base. Most notably, North America and Europe account for a material portion of external sales.

Contact Information

Website
Formerly Known As
Eletromotores Weg
Ownership Status
Publicly Held
Financing Status
Corporation
Primary Industry
Other Commercial Products
Stock Exchange
BSP
Primary Office
  • Avenida Prefeito Waldemar Grubba
  • Jaragua do Sul, 89256-900
  • Brazil
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WEG Stock Performance

(As of Tuesday closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$7.53 $7.45 $4.83 - $11.41 $15.7B 2.1B 7.21M $0.20

WEG Financials Summary

In Thousands,
USD
TTM 31-Mar-2020 FY 2019 31-Dec-2019 FY 2018 31-Dec-2018 FY 2017 31-Dec-2017
EV 13,381,352 18,041,521 9,733,204 11,655,424
Revenue 3,443,412 3,381,940 3,275,170 2,979,791
EBITDA 527,665 598,926 559,466 566,831
Net Income 425,935 409,099 366,181 357,353
Total Assets 3,343,406 3,898,035 3,973,775 4,218,812
Total Debt 520,935 618,165 973,356 1,224,032
Public Fundamental Data provided by Morningstar, Inc. disclaimer

WEG Competitors (24)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing
Amount
Yokogawa Electric Corporation Tokyo, Japan 00000
00000000 000000000 Corporation Milwaukee, WI 00000 000000&0
000 00000000000 Corporation Tokyo, Japan 00000
000000 Corporate Backed or Acquired Sofia, Bulgaria 000 000.00 000000000000
000 000000 0000000 Corporation North Canton, OH 00000 00000000

WEG Executive Team (5)

Name Title Board Seat Contact Info
Harry Schmelzer Jr. Chief Executive Officer
Carlos Prinz Managing Director, WEG T&D
Eduardo De Nóbrega Executive Board Member & Director
Manfred Johann Director, Managing Director - Automation Business Unit & Executive Officer
Luis Tiefensee Director

WEG Board Members (2)

Name Representing Role Since
000000 0000000 Self Board Member 000 0000
000000000 0000000000 WEG Director 000 0000

WEG Investments & Acquisitions (19)

To view WEG‘s complete investment and acquisition history, request access »
Company Name Deal Date Deal Type Deal Size Industry Lead Partner
000000000000000 0 16-Jan-2020 000000000 00000 00 Buildings and Property 000000 00000
00000000 00000 000 13-Feb-2019 000000000000000000 Alternative Energy Equipment
000 000000000000 0 31-Jul-2017 000000000000000000 0000 Electrical Equipment 000000 00000
00000000 00000 000 26-Oct-2016 000000000000000000 Other Energy Services 0000000 00 0ó00000
Welle Laser Tecnologia 15-Jul-2016 Corporate Electrical Equipment

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WEG Subsidiaries (9)

Company Name Industry Location Founded
Weg Transformadores Colombia Electrical Equipment Sabaneta, Colombia 1979
0000000 Distributors/Wholesale Paterna, Spain 0000
0000000 Machinery (B2B) Tizayuca, Mexico 0000
0000 00000 0000000 Other Commercial Products Markt Piesting, Austria 0000
000ú00000 00 00000 Other Chemicals and Gases Mauá, Brazil 0000