29% Revenue Increase and 45% Profit Growth
RIO DE JANEIRO, Brazil, May 13 /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 first quarter 2008.
1st QUARTER 2008 Highlights
-- Total membership stood at 2.84 million at the end of March, 33.3%
above the same period last year and 5.5% higher than the previous
quarter.
-- Adjusted Operating Revenues totaled R$ 997.3 million, 29.3% more
than in the 1Q07 and 4.6% higher than the 4Q07.
-- Adjusted EBITDA amounted to R$ 121.8 million, a year-on-year increase
of 26.1%. Adjusted EBITDA Margin registered 12.2% in the 1Q08.
-- The Medical Loss Ratio for the healthplan membership (including
R$ 4 million, or 0.4 p.p., in additional costs related to the dengue
fever outbreak) closed the quarter at 65.7%, 2.6 p.p. lower than in
the 1Q07.
-- On the 1Q08, the Company posted an adjusted Net Income of
R$ 89.6 million, 44.8% up on the 1Q07.
To access the Earnings Release full version visit our website at
http://www.amilpar.com.br/ir
Upcoming Events: Conference Calls
English
May 14, 2008 (Wednesday)
11:00 AM (New York)
12:00 Noon (Brasilia)
Phone: +1 (973) 935-8893
Replay: +1 (706) 645-9291
Code: 44218531
Portuguese
May 14, 2008 (Wednesday)
2:00 PM (New York)
3:00 PM (Brasilia)
Phone: +55 (11) 2188-0188
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 2.84 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 Amilpar
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Related links: http://www.amilpar.com.br/ir
CONTACT: Erwin Kleuser, Investor Relations Officer, AmilPar, +55-21-3805-1155, invest@amil.com.br
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