ANNUAL & QUARTER REPORTS

2004 | 2nd Quarter | Comments on the Company's Performance in the Quarter | Financial Highlights

Financial Highlights

Executive Summary
(Compared to the first semester of 2003)

Geral - Gross Revenue

Geral - Operating Income

Geral - EBITDA

Geral - Operating Expenses
  • Consolidated Gross Revenue
    Total sales increase of 32.9%.
  • EBITDA
    Growth of 38.5%, an improvement of 1.1 p.p. in the EBITDA margin.
  • Operating Income
    Growth of 43.5%, representing 8.0% of net revenue, or an improvement of 1 p.p..
  • Revenue per Associate
    Growth of 31.5% in productivity.
  • Operating Expenses
    Equivalent to 22.5% of NR (including depreciation and amortization), representing a reduction of 1 p.p..
  • Gross Margin
    Maintained at 30.5% NR.



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