Net revenue of fertilizer manufacturer Heringer in Brazil 2013-2022
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.
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.
