Navigation Links
Amilpar Revenues Grow 28% in the First 9 Months of 2008 and 4.5% Over Previous Quarter
Date:11/12/2008

RIO DE JANEIRO, Brazil, Nov. 12 /PRNewswire-FirstCall/ -- Amilpar (BOVESPA: AMIL3, Bloomberg: AMIL3 BZ and Reuters: AMIL3.SA), the largest managed care organization in Brazil, announced today its consolidated results for the third quarter of 2008.

3rd Quarter 2008 Highlights

-- Total membership stood at 3.1 million at the end of September, up 18.2%

on the same period last year and 3.6% higher than the previous quarter.

-- Adjusted Operating Revenues totaled R$ 1,141.2 million in 3Q08,

22.9% more than in 3Q07 and 4.5% higher in relation to the previous

quarter. Nine-month net operating revenues came to R$ 3,230.1 million,

27.9% higher than in 9M07.

-- Adjusted EBITDA came to R$ 71.4 million in 3Q08 (a margin of 6.3%)

and R$ 298.7 million (a margin of 9.2%) in 9M08, compared to

R$ 80.0 million and R$ 269.2 million year-on-year, respectively.

-- The Medical Loss Ratio for membership utilization recorded 68.3% in

3Q08 (against 67.8% in 3Q07) and 67.3% year-to-date (against 68.3%

in 9M07).

-- The Company posted an adjusted Net Income of R$ 42.9 million in 3Q08,

compared to R$ 47.1 million in the same period of last year, and

R$ 211.5 million in 9M08, 31.3% higher than the same period

last year.

-- Net Cash position at the end of 3Q08 totaled R$ 1,129.5 million.

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

Upcoming Events: Conference Calls

English

November 13, 2008 (Thursday)

09:00 AM (New York)

12:00 Noon (Brasilia)

Phone: +1 (412) 858-4600

Code: Amil

Replay: +1 (412) 317-0088

Code: 424882#

Portuguese

November 13, 2008 (Thursday)

12:00 Noon (New York)

3:00 PM (Brasilia)

Phone: +55 (11) 4688-6301

Code: Amil

Replay: +55 (11) 4688-6312

Code: 756

IR Contact

Erwin Kleuser

Investor Relations Officer

Phone: +55 (21) 3805-1155

invest@amil.com.br

http://www.amilpar.com.br/ir

About AmilPar

Amil Participacoes S.A. (Bovespa: AMIL3) is the largest MCO (managed care organization) in Brazil, serving more than 3.1 million members in the states of Sao Paulo, Rio de Janeiro, Parana and Distrito Federal. The Company is also the MCO with the largest accredited provider network in Brazil, with more than 2,100 hospitals, 32,000 health care clinics and private practices and 5,900 laboratories and diagnostic imaging centers.


'/>"/>
SOURCE Amil Participacoes S.A.
Copyright©2008 PR Newswire.
All rights reserved

Related medicine news :

1. Amilpar Revenues Increase by 32% and EBITDA Doubles in 2007
2. Memry Corporation FY 2007 Revenues $51.7M; Net Income $317,000 or $0.01 Per Share
3. Biotel Announces Record Revenues and Strong Earnings for the Fourth Quarter and Year Ended June 30, 2007
4. Precision Optics Corporation Announces Fourth Quarter and Year End Results With Highest Revenues in Six Years
5. Immucor Announces Record Fiscal First Quarter Revenues
6. Volcano Corporation Reports Preliminary Third Quarter 2007 Revenues
7. Nyer Medical Group, Inc. Reports EPS of $.02 on Record Revenues of $69.9 Million for Fiscal Year Ended 2007
8. Aspreva Announces Preliminary Revenues for Third Quarter 2007
9. Nexia Closes Acquisition of Green Endeavors; Landis Salons On Track to Generate Revenues of $2.2 Million in 2007
10. Profarmas Gross Revenues Reached R$ 698.2 Million in the 3rd Quarter 2007, a 31.9% Growth Over the Same Period Last Year and Net Income Rose by 94.9%, Respectively
11. Volcano Reports Record Third Quarter Revenues
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:2/13/2016)... ... 13, 2016 , ... With FCPX Overlay Embers from Pixel Film Studios users ... Pro X. Each user can select from up to 40 effect overlays. With FCPX ... offset, hue, saturation, value, contrast, glow, and more all within a click of a ...
(Date:2/13/2016)... Lake City, Utah (PRWEB) , ... February 13, 2016 , ... When an Au ... Host Parents aren’t always sure what they are in for and they are often worried ... are more than they were hoping for. This year’s Au Pair of the Year winner’s ...
(Date:2/12/2016)... ... , ... Mystic Buddha Publishing House presents Valentine’s Day tips on different forms ... - Dr. Frederick Lenz. , According to Publisher Roger Cantu, “Blue Skies ... teaching and helping others. Valentine’s Day celebrates love in all its forms, and ...
(Date:2/12/2016)... Falls Church, VA (PRWEB) , ... February 12, 2016 , ... CDRH Enforcement Trends: , ... http://www.fdanews.com/cdrhenforcementtrends , As Winston Churchill said, “Those who don’t learn ... 2015 will show what to expect when they come knocking this year. But that takes ...
(Date:2/12/2016)... CITY, California (PRWEB) , ... February 12, 2016 , ... ... announce their participation in Red Carpet Events LA GRAMMY’s Style Lounge Event. Coco Libre ... healthy way to stay hydrated before the big event. The invitation-only gifting suite, held ...
Breaking Medicine News(10 mins):
(Date:2/11/2016)... Stem cells are primitive cells found in ... the capacity to differentiate into mature cell types Stem ... first mouse embryonic stem cells were derived from embryos ... the first culturing of embryonic stem cells from non-human ... until 2006 As a result of these discoveries, stem ...
(Date:2/11/2016)... 2016  Walgreens has committed to provide drug disposal ... Washington, D.C. as part of a program ... by shareholder advocacy organization As You Sow. Conrad ... people hold on to unneeded drugs because they lack easily ... --> Conrad MacKerron , Senior Vice President ...
(Date:2/11/2016)... Feb. 11, 2016  NOIT™ Research LLC, a private, ... of Change" campaign to assist needy families in obtaining ... unit sold between February 10, 2016 and March 31, ... needy family. The NOIT is an auditory stimulus that ... develop language skills. Beth Shier , ...
Breaking Medicine Technology: