Brazil's Hypermarcas first-quarter profit flat from year ago

April 25, 2015 12:05 AM

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RIO DE JANEIRO, April 24 (Reuters) - First-quarter profit at Brazilian consumer goods maker Hypermarcas SA was little changed from a year earlier, as higher sales from more aggressive promotions were offset by higher costs.

Net income at the country's biggest producer of hygiene products and generic drugs rose 0.5 percent to 90.7 million reais ($30.7 million), the company said in a securities filing on Friday. The result was in line with an average forecast of 93 million reais in a Reuters survey of analysts.

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