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  • Consolidated gross revenue increased 28.4%, totaling R$ 765.9 million in 4Q05.
  • Riachuelo’s gross revenue per m² reached R$ 4.1 thousand, up 27.7% over the R$ 3.2 thousand reported in 4Q04.
  • Sales to Riachuelo continued to represent approximately 50% of the Parent Company’s total annual sales.
  • Consolidated gross margin remained flat at 46.5% in 4Q05, compared to the same period last year.
  • Riachuelo’s financial service revenues grew 97.8% over the same quarter of the previous year, totaling R$ 70.4 million.
  • Adjusted EBITDA¹ totaled R$ 117.6 million, up by 24.5% over the same quarter of the previous year.
  • Addition of 2,040 thousand private-label cards in 2005, a 75% growth over the previous year, exceeding 10 million private-label cards issued.
  • Adjusted net income totaled R$ 82.3 million, or R$ 1.3183 per share, up by 3.1% over the same period of 2004. 

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