Navigation Links
Amilpar - Revenues Increase by 26.5% and Adjusted Net Income Climbs 28.7% in 2008

RIO DE JANEIRO, March 11 /PRNewswire-FirstCall/ -- Amilpar (BOVESPA: AMIL3, Bloomberg: AMIL3 BZ e Reuters: AMIL3.SA), the largest managed care organization in Brazil, announced today its consolidated results for the periods ended on December 31, 2008.


Total membership stood at 3.2 million at the end of December, 18.4% up on the same period last year and 1.7% higher than the previous quarter.

Adjusted Operating Revenues totaled R$ 1,155.1 million in the 4Q08, 21.1% more than in the 4Q07. Annual adjusted operating revenues came to R$ 4,385.2 million, 26.5% higher than in 2007.

Adjusted EBITDA totaled R$ 105.3 million in the 4Q08, 47.5% up on the previous quarter, accompanied by an EBITDA margin of 9.1%, a 2.8 p.p. improvement. In the 12M08, adjusted EBITDA came to R$ 404.4 million (with a margin of 9.2%), versus R$ 382.8 million in 2007 and R$ 114.5 million in the 4Q07.

The Medical Loss Ratio for healthplan membership stood at 69.0% in the 4Q08, versus 67.6% in the 4Q07. The Loss Ratio was 67.8% in the 12M08, versus 68.1% in 2007.

The Company posted an adjusted Net Income of R$ 89.6 million in the 4Q08, a hefty 108.9% up on the R$ 42.9 million reported in the previous quarter and a 35.8% year-on-year improvement. In 2008 as a whole, adjusted net income stood at R$ 301.1 million, 28.7% higher than the previous year.

Net Cash (cash and cash equivalents less financial debt) closed the year at R$ 1,078.2 million.

To access the Earnings Release full version visit our website at

    Upcoming Events: Conference Calls
    March 11, 2009
    11:00 a.m. New York
    (12:00 noon) Brasilia
    Phone: +1 (973) 935-2966
    Code: 87995397
    Replay: +1 (706) 645-9291
    Code: 87995397

    March 11, 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

About Amilpar

Amil Participacoes S.A. (Bovespa: AMIL3) is the largest MCO (managed care organization) in Brazil, serving more than 3.2 million members in the States of Sao Paulo, Rio de Janeiro, Parana and Distrito Federal.

SOURCE Amil Participacoes S.A.
Copyright©2009 PR Newswire.
All rights reserved

Related medicine news :

1. Amilpar Revenues Increase by 32% and EBITDA Doubles in 2007
2. Amilpar Revenues Grow 28% in the First 9 Months of 2008 and 4.5% Over Previous Quarter
3. Amilpar - Notice to Shareholders - Distribution of Interest on Capital Stock
4. Memry Corporation FY 2007 Revenues $51.7M; Net Income $317,000 or $0.01 Per Share
5. Biotel Announces Record Revenues and Strong Earnings for the Fourth Quarter and Year Ended June 30, 2007
6. Precision Optics Corporation Announces Fourth Quarter and Year End Results With Highest Revenues in Six Years
7. Immucor Announces Record Fiscal First Quarter Revenues
8. Volcano Corporation Reports Preliminary Third Quarter 2007 Revenues
9. Nyer Medical Group, Inc. Reports EPS of $.02 on Record Revenues of $69.9 Million for Fiscal Year Ended 2007
10. Aspreva Announces Preliminary Revenues for Third Quarter 2007
11. Nexia Closes Acquisition of Green Endeavors; Landis Salons On Track to Generate Revenues of $2.2 Million in 2007
Post Your Comments:
(Date:11/27/2015)... ... November 27, 2015 , ... Lizzie’s Lice Pickers just announced a special promotion ... off of their purchase of lice treatment product. In addition, customers will receive a ... company spokesperson. “Finding lice is a sure way to ruin the holidays, so we ...
(Date:11/27/2015)... ... November 27, 2015 , ... ... progress through sharing, the 2016 Building Better Radiology Marketing Programs meeting ... begin on Sunday, March 6, 2016, at Caesars Palace in Las Vegas with ...
(Date:11/27/2015)... ... November 27, 2015 , ... Keeping in ... for mental health and wellness consultation, has collaborated with a leading web-based marketplace ... knowledge gap experienced by parents and bring advice from parenting experts within their ...
(Date:11/27/2015)... , ... November 27, 2015 , ... Avid collector, Andrew ... Arbor Michigan boxing style concert posters. This is one of Joplin's most famous and ... House at the University of Michigan in Ann Arbor. The According to Hawley, "It ...
(Date:11/26/2015)... ... November 26, 2015 , ... ... eReferral system for diagnostic imaging in the Waterloo region. Using the Ocean Platform, ... Medicine tests directly from their electronic medical record (EMR) without the need for ...
Breaking Medicine News(10 mins):
(Date:11/25/2015)... Nov. 26, 2015  The total global healthcare industry is ... 2015-2016. Latin America has the highest ... (excluding Japan ), is second with growth ... to face increased healthcare expenditure. In 2013-2014, total government funded ... 43.5% in 2008-2009 to 41.2% in 2013-2014. In real terms, ...
(Date:11/25/2015)... Nov. 25, 2015  The American Academy of ... (ACOG), and the March of Dimes cheered today,s ... Our Infants Act of 2015 (S.799), which ... newborns born exposed to drugs, such as opioids, ... introduction, all three organizations have worked together leading ...
(Date:11/25/2015)... Nov. 25, 2015 AAIPharma Services Corp./Cambridge ... of at least $15.8  Million to expand its ... NC . The expansion will provide additional ... the growing demands of the pharmaceutical and biotechnology ... expansion will provide up to 40,000 square feet ...
Breaking Medicine Technology: