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:12/2/2016)... ... ... Lori G. Cohen and Sara K. Thompson , shareholders in global law ... 21st Drug & Medical Device Litigation Conference , taking place in New York Dec. ... chairs the firm’s Pharmaceutical, Medical Device & Health Care Litigation Practice and the Trial ...
(Date:12/2/2016)... ... , ... Advanced Inc., a leading provider of travel therapy and travel nursing ... as Advanced Inc.’s Chief Financial Officer, effective December 1, 2016. Jason previously served as ... operational leadership experience to Advanced Inc. He began his career in finance at Ernst ...
(Date:12/2/2016)... ... ... With the number of pain management programs available for people suffering with constant ... works for them. When an inventor from Suisun City, Calif., was unsuccessful in finding ... it with others. , He developed a prototype for PRO GO MASSAGE to relieve ...
(Date:12/2/2016)... ... December 02, 2016 , ... CloudLIMS.com, a ... SaaS LIMS, CloudLIMS Lite. CloudLIMS Lite helps biobanks, clinical, research and testing laboratories ... and disposal. The new version is a faster and a more efficient product, ...
(Date:12/2/2016)... ... 02, 2016 , ... Yisrayl Hawkins, at The House of Yahweh in Abilene, ... into Bible Prophecy. Yisrayl says this generation, known as the Last Generation, started in ... the details line up exactly with Bible Prophecy – a protected way for those ...
Breaking Medicine News(10 mins):
(Date:12/2/2016)... , December 2, 2016 On ... Committee honored excellence in research, development and innovation in ... gala dinner was held in the presence of Sergey ... Russian Federation , Natalia Sanina, First ... Mikhail Murashko , Head of Roszdravnadzor, National Service of ...
(Date:12/2/2016)... CVS Health Corporation (NYSE: CVS ... City on Thursday, December 15, 2016, beginning at 8:00 a.m. (ET). Senior ... an in-depth review of the company,s strategies to drive ... also discuss 2017 earnings guidance during the event. ... will be broadcast simultaneously on the Investor Relations portion ...
(Date:12/2/2016)... -- On Thursday, the NASDAQ Composite and the ... Dow Jones Industrial Average managed to stay in green. Losses ... prompted Stock-callers this morning to look at the performances of ... ), Smith & Nephew PLC (NYSE: SNN ), ... Therapeutics Inc. (NASDAQ: KOOL ). You can access ...
Breaking Medicine Technology: