Multiplus Announces Gross Billings of Points of R$ 300.0 Million in 3Q10, an Increase of 13.6% Versus Previous Quarter
SAO PAULO, Nov. 8, 2010 /PRNewswire-FirstCall/ -- 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 |
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November 9, 2010 |
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12:30 am (Brazil time) |
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09:30 am (U.S. EST) |
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Phone: +1 (412) 317-6776 |
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Password: Multiplus |
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IR CONTACT: Ronald Domingues and Andre Junqueira Ferreira |
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Phone: (55) (11) 5105-1847 |
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E-mail: [email protected] |
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Website: www.multiplusfidelidade.com.br/ir |
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SOURCE Multiplus S.A.
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