Multiplus Announces Gross Billings of Points of R$ 300.0 Million in 3Q10, an Increase of 13.6% Versus Previous Quarter
By Multiplus S.a., PRNESunday, November 7, 2010
SAO PAULO, November 8, 2010 - Multiplus S.A. (BM&FBovespa: MPLU3) reported its results for third
quarter of 2010.
Operating Highlights 3Q10 vs 2Q10 - 7.6 million members, an increase of 6.0% (20.8% over 3Q09) - 14.4 billion points issued, a growth of 17.9% - 4.6 billion points redeemed, an increase of 44.2% - Breakage ratio of 26.9%, versus 29.5% Financial Highlights 3Q10 vs 2Q10 - Gross Billings of points of R$ 300.0 million, up by 13.6% - Net Revenue of R$ 130.0 million, an increase of 39.1% - Adjusted EBITDA of R$ 101.2 million, growth of 12.2% (margin of 33.7%) - Net Income of R$ 41.4 million, an increase of 79.0% (margin of 33.0%) Conference Call in English November 9, 2010 12:30 am (Brazil time) 09:30 am (U.S. EST) Phone: +1-412-317-6776 Password: Multiplus IR CONTACT: Ronald Domingues and Andre Junqueira Ferreira Phone: +55-11-5105-1847 E-mail: invest@multiplusfidelidade.com.br
Website: www.multiplusfidelidade.com.br/ir
Eduardo Gouveia, Multiplus S.A., +55-11-5105-1847, invest at multiplusfidelidade.com.br
Filed under: Air Freight, Airlines / Aviation, Auto and Transportation, Banking and Financial Services, Business, Conference Call Announcements, Earnings, Investors, Passenger Aviation, Transportation / Trucking / Railroad, Travel
Tags: Brazil, Multiplus S.a., November 8, Sao paulo, United Kingdom
Tags: Brazil, Multiplus S.a., November 8, Sao paulo, United Kingdom
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