Navigation Links
Amilpar - Operating Revenues Grew 9% in the Second Quarter and 11% in the First Half of 2009
Date:8/11/2009

RIO DE JANEIRO, Aug. 11 /PRNewswire-FirstCall/ -- Amilpar (BOVESPA: AMIL3, Bloomberg: AMIL3 BZ and Reuters: AMIL3.SA), the largest managed care organization in Brazil, announced today its results for the second quarter of 2009.

Highlights:

  • Total membership stood at 3.14 million at the end of June 2009, 3.7% up on the 2Q08 and approximately 1% higher than the 1Q09.
  • Adjusted Operating Revenues totaled R$ 1,190.4 million in the 2Q09, 9.0% up year-on-year and 5.3% higher than the previous quarter. In the first six months, adjusted operating revenues came to R$ 2,321.3 million, 11.1% increase over last year.
  • Adjusted EBITDA came to R$ 70.3 million in the 2Q09 (6.0% margin) and R$ 189.8 million in the 1H09 (8.2% margin).
  • The Medical Loss Ratio for healthplan membership was 69.3% in the 2Q09, (66.6% in the 2Q08) and 66.6% in the first half (66.2% in the 1H08).
  • The Company posted an adjusted Net Income of R$ 39.8 million in the 2Q09, 49.6% down year-on-year, and R$ 118.6 million in the 1H09, 29.7% less than the same period last year.
  • Net Cash (cash and cash equivalents less financial debt) closed June 2009 at R$ 1,029.3 million.

To access the Earnings Release full version visit our website at www.amilpar.com.br/ir

Next Events: Conference Calls

    English
    August 12, 2009
    11:00 a.m. New York
    (12:00 noon) Brasilia
    Phone: +1 (412) 858-4600
    Code: Amil
    Replay: +1 (412) 317-0088
    Code: 432350#
    Webcast: www.amilpar.com.br/ir

    Portuguese
    August 12, 2009
    2:00 p.m. New York
    (3:00 p.m. Brasilia)
    Phone: +55 (11) 2188-0188
    Code: Amil
    Replay:+55 (11) 2188-0188
    Code: Amil
    Webcast: www.amilpar.com.br/ir

About AmilPar

Amil Participacoes S.A. is the largest managed care organization in Brazil, according to the ANS, currently assisting over 3 million beneficiaries in the states of Sao Paulo, Rio de Janeiro, Parana and the Distrito Federal.


'/>"/>
SOURCE Amilpar
Copyright©2009 PR Newswire.
All rights reserved

Related medicine news :

1. Amilpar - Revenue Increases 13.4% and Medical Loss Ratio Falls in the First Quarter 2009
2. Amilpar - Revenues Increase by 26.5% and Adjusted Net Income Climbs 28.7% in 2008
3. Amilpar - Notice to Shareholders - Distribution of Interest on Capital Stock
4. Amilpar Revenues Grow 28% in the First 9 Months of 2008 and 4.5% Over Previous Quarter
5. Amilpar Revenues Increase by 32% and EBITDA Doubles in 2007
6. Warner Chilcott Reports Operating Results for the Quarter Ended June 30, 2009 and Updates 2009 Full Year Guidance
7. US Oncology Reports Second Quarter Operating Results
8. Hologic Announces Third Quarter Fiscal 2009 Operating Results
9. NutraCea Announces Additions to Management Team; Chief Operating Officer Extends Employment Contract
10. BioMed Realty Trust Reports Second Quarter 2009 Operating and Financial Results
11. CVS Caremark Names Andrew J. Sussman, M.D., as President/Chief Operating Officer of MinuteClinic
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:6/25/2016)... , ... June 25, 2016 , ... On Friday, June ... a Bronze Wellness at Work award to iHire in recognition of their exemplary accomplishments ... of the 7th annual Maryland Workplace Health & Wellness Symposium at the BWI Marriott ...
(Date:6/24/2016)... (PRWEB) , ... June 24, 2016 , ... Those who ... with these feelings, many turn to unhealthy avenues, such as drug or alcohol abuse, ... Marne, Michigan, has released tools for healthy coping following a traumatic event. , Trauma ...
(Date:6/24/2016)... ... 2016 , ... The Pulmonary Hypertension Association (PHA) learned during ... two significant new grants to support its work to advance research and patient ... recognizing patients, medical professionals and scientists for their work in fighting pulmonary hypertension ...
(Date:6/24/2016)... ... June 24, 2016 , ... Comfort Keepers® of San ... Society and the Road To Recovery® program to drive cancer patients to and from ... adults to ensure the highest quality of life and ongoing independence. Getting to ...
(Date:6/24/2016)... ... 24, 2016 , ... EB Medicine presented its first-ever “Issue ... conference in Ponte Vedra Beach, FL. The awards honor the outstanding work of ... and Pediatric Emergency Medicine Practice. , “With this award, we recognize the ...
Breaking Medicine News(10 mins):
(Date:6/24/2016)... 24, 2016 Research and ... "Structural Electronics 2015-2025: Applications, Technologies, Forecasts" report ... In-Mold Electronics, Smart Skin, Structural Health Monitoring, ... Structural electronics involves electronic and/or electrical components ... replacing dumb structures such as vehicle bodies or ...
(Date:6/24/2016)... 24, 2016 According to a ... (Standard Pen Needles, Safety Pen Needles), Needle Length (4mm, ... Hormone), Mode of Purchase (Retail, Non-Retail) - Trends & ... studies the market for the forecast period of 2016 ... 2.81 Billion by 2021 from USD 1.65 Billion in ...
(Date:6/23/2016)... 23, 2016 Research and Markets has ... - Forecast to 2022" report to their offering. ... for the patients with kidney failure, it replaces the function ... the patient,s blood and thus the treatment helps to keep ... in balance. Increasing number of ESRD patients ...
Breaking Medicine Technology: