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Itausa - Investimentos Itau (Itausa or the company) is a holding company with subsidiaries operating in sectors such as financial services, ceramic and metal sanitary goods, chemicals, electronics, consumer goods and information technology. The company primarily operates in South America. It is headquartered in Sao Paulo, Brazil and employs 113,400 people. The company recorded revenues of BRL34,186 million ($17,599 million) during the financial year ended December 2012 (FY2012), an increase of 8.9% over FY2011. The operating profit of the company was BRL6,633 million ($3,414.7 million) in FY2012, an increase of 0.03% over FY2011. The net profit was BRL5,040 million ($2,594.6 million) in FY2012, a decrease of 6.1% over FY2011.
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