RIO DE JANEIRO, May 11 Amilpar (BM&FBOVESPA: AMIL3; Bloomberg: AMIL3 BZ and APAR < GO >; Reuters: AMIL3.SA), the largest Healthcare company in Brazil, announced today its results for the first quarter of 2010 (1Q10).
Amil's Results (without the effect of Medial)
Results in accordance with BR GAAP (consolidated with Medial)
To access the Earnings Release full version visit our website at www.amilpar.com.br/ir
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Amil Participacoes S.A. is the largest managed care organization in Brazil, according to the ANS, currently assisting over 5 million members in the states of Sao Paulo, Rio de Janeiro, Parana, Minas Gerais, Pernambuco, Bahia and in Distrito Federal.
-- Adjusted Operating Revenues totaled R$ 1,290.8 million in the first quarter of 2010, a growth of 14.1% compared to same period of the previous year, and 2.8% over the 4Q09. -- Adjusted EBITDA came to R$ 138.3 million (10.7% margin) in 1Q10, 15.7% above the R$ 119.5 million (10.6% margin) recorded in 1Q09. -- The Company posted adjusted Net Income of R$ 67.0 million in the first quarter, 15.0% down on the same period last year, mainly due to lower net financial result as a consequence of the cash disbursed for Medial's acquisition.