Quarterly Earnings Release

1Q10 Results

  • Net revenue: R$180.6mn in 1Q10 (+39.0% vs. 1Q09)
  • Adjusted EBITDA: R$19.7mn in 1Q10 (+270% vs. 1Q09), with a margin of 10.9% (5.6% in 1Q09)
  • Net profit: R$17.3mn in 1Q10 (R$17.2mn loss in 1Q09)

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