I'm very sorry that an exceptional asset like Redecard will leave Bovespa. But while it don't go away, we have time for a final comparison. In short, 4Q2011 x 4Q2010:
- Redecard lost market share but kept MDR margin constant. Costs was under control, so EBITDA grew 29%.
- Cielo increased in volume but lost MDR margin. Costs and expenses blew up, so EBITDA grew only 16%.
3 comments:
Valor: Santander recomenda que acionista não aceite oferta da Redecard
O Itaú contra-ataca
Valor: Ganhos com Hipercard ficariam dentro do Itaú
Valor: Resistência à oferta da Redecard
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