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This excerpt taken from the PBR 6-K filed Nov 12, 2008. Pag: 118
The result was positively impacted by the 12% increase in sales volume, which helped raise the Companys share of the fuel market from 34.1% in the first nine months of 2007 to 35.0% in the same period of 2008.
The quarter-over-quarter decline was due to the margin compression as a result of sharper competition and higher SG&A expenses, partially offset by the 6% rise in sales volume. The segment recorded a 34.8% share of the national fuel distribution market, versus 34.5% in the 2Q-2008. This excerpt taken from the PBR 6-K filed Nov 21, 2007. Pag: 118 (A free translation of the original report in Portuguese)
08.01 COMMENTS ON THE CONSOLIDATED PERFORMANCE IN THE QUARTER | EXCERPTS ON THIS PAGE:
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