Navigation Links
Amilpar - Revenues Increase by 26.5% and Adjusted Net Income Climbs 28.7% in 2008
Date:3/10/2009

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.

Highlights:

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 www.amilpar.com.br/ir


    Upcoming Events: Conference Calls
    English
    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
    Webcast: www.amilpar.com.br/ir

    Portuguese
    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
    Webcast: www.amilpar.com.br/ri

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:
*Name:
*Comment:
*Email:
(Date:8/22/2017)... , ... August 22, 2017 , ... “Wilderness Voices”: a ... world travel. “Wilderness Voices” is the creation of published author, Martha McKown, an ... McKown was inspired as a very young child when her older sisters studied High ...
(Date:8/22/2017)... ... 2017 , ... “Glimpses Of Light”: is a unique and thought inspiring ... the creation of published author, J.M. Shepherd, a writer, teacher, traveler, and metaphysician, the ... mysteries. , Shepherd shares, “Love is one of the least understood and yet most ...
(Date:8/22/2017)... (PRWEB) , ... August 22, 2017 , ... “Call Of ... Duty” is the creation of published author, C.S. Lizarde. Growing up on the ... untimely trials. When Carlos began to apply the Biblical keys to his life, ...
(Date:8/21/2017)... ... August 22, 2017 , ... Nanoparticle research provides an exciting ... By learning and implementing best practices for containment using ventilated safety enclosures, many ... gain a better understanding of a method for safely testing nanotechnology hoods. They ...
(Date:8/21/2017)... ... ... FCPX LUT Monochromatic Volume 2 is an all-new Look-Up Table color-grading pack ... to footage. A LUT is a Lookup Table that contains a mathematical formula for ... by the table. This pack comes with 60 different monochromatic CUBE LUT files. , ...
Breaking Medicine News(10 mins):
(Date:8/4/2017)... The search for test results that can ... has long been the goal of healthcare providers and ... the largest meeting of lab professionals and IVD firms ... firm Kalorama Information.  The firm said scores of companies ... supplies and software were at the American Association for ...
(Date:8/2/2017)... AURORA, Ore. , Aug. 2, 2017  Life Flight ... Call Agreement. The agreement improves patient care and operational efficiency ... Springfield , Cottage Grove ... ICU level medical transportation. PeaceHealth and Life Flight Network work ... care available during transport, or when a time sensitive emergency ...
(Date:7/31/2017)... , July 31, 2017 7D Surgical, developer of ... has purchased the 7D Surgical System to support its strategic ... Washington D.C. and Virginia.  7D Surgical has entered ... many of the premier medical facilities within those markets. ... ...
Breaking Medicine Technology: