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BM&FBOVESPA 1Q09 Earnings Overview by BVMF_RI is a document available to read on EtoBox.

BM&FBOVESPA reported earnings results for 1Q09 compared to 1Q08 pro forma results. Key highlights include: 1) Net revenues decreased 20.1% to BRL 316.5 million due to lower trading volumes. Adjusted net income was BRL 258.3 million, down 1.4% due to cost savings. 2) Adjusted operational expenses decreased 17.4% to BRL 103 million as a result of merger synergies and headcount reductions. 3) Trading volumes declined across segments but the exchange saw increased foreign investor flows and development of n

Author
BVMF_RI
Language
EN