- Pro forma net income in the fourth quarter declined by 9% from the prior year but rose by 20% for the full year in 2008
- Net revenues for the fourth quarter of R$356 MM were 11% below the prior year. For the full year 2008, net revenues increased by 16 % to R$1.6 billion
- Operating expenses for the quarter decreased by 5 % from the prior year and by 7% sequentially, reflecting the achievement of merger synergies.
- The Board of Directors approved a R$139.4 million distribution of interest on shareholders’ equity and R$60.6 million of dividends based on the financial results for the second half of 2008
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