Vasta Platform Limited (NASDAQ:VSTA) Q4 2022 Earnings Call Transcript

Mário Ghio Junior: If I can also add something here, Lucca. It’s the third consecutive year that the highlights of the ACV book building are related to premium brands. And it’s important to mention that because when we are talking about premium brands, a school looking for a premium brand is less focusing on pricing. That’s why we are, I would say, we are going a little bit slow in terms of selling low-end brands because that’s the kind of schools very sensitive to prices or to pricing.

Lucca Marquezini: That’s great. Thank you.

Operator: We have no further questions in queue. I’d like to turn the call back over to the presenters for any closing remarks.

Guilherme Melega: All right. Thank you. This is Melega here.

Mário Ghio Junior: The new CEO talking.

Guilherme Melega: First, I would like to thank you very much to participate on today’s call. We are very proud of the year that we are just delivering in 2022, very confident in 2023 with good projects, growth projects on our company and especially, I would like to thank you, Ghio, for the journey that he did here, it’s almost 3 decades in the company on the construction of our business, and we’ll keep your legacy here. And thank you very much for also being with us in the future, on our Board, and helping us with strategy, innovation, and everything that you always provided us with your insights. Thank you very much. Looking forward to see in our next call.

Operator: This concludes today’s conference call. Thank you for your participation. You may now disconnect.