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Article: OdontoPrev Announces EBITDA Growth of 77.9% in 4Q06 and 49.9% in 2006.
- Article from:
- PR Newswire
- Article date:
- March 21, 2007
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SAO PAULO, Brazil, March 21 /PRNewswire-FirstCall/ -- OdontoPrev (BOVESPA: ODPV3) (REUTERS: ODPV3.SA) (BLOOMBERG: ODPV3.BZ), the largest dental benefits company in Brazil, announced its consolidated results for the fourth quarter (4Q06) and 2006.
2006 Highlights were:
-- IPO: On December 1, 2006, OdontoPrev completed its Initial Public
Offering, raising R$171.4 million, net of distribution expenses. The
issue totaled 6,650,000 shares at R$28.00 per share, with an initial
lot of 5,728,609 shares and an over-allotment option ("Greenshoe") of
867,391 shares.
-- The Number of Members grew by 360,315 individuals, or 31.8%, from
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