Rede D'Or São Luiz S A : 3Q22 Results Presentation
November 10, 2022 at 06:38 am EST
Share
Results Conference Call
3Q22
Hospital Maternidade São Luiz Star - São Paulo, SP
DISCLAIMER
The reader/investor should not rely solely on the information herein to make decisions with respect to trading the securities issued by Rede D'Or São Luiz. The document may also contain prospective statements, which are subject to risks and uncertainties as they are based on expectations of the company's management and on available information.
The company is under no obligation to update these statements. The Company's future financial situation, operating results, market share and competitive position may differ substantially from those expressed or suggested by forward-looking statements. Many factors and values that may impact these results are beyond the company's ability to control.
Future projects could differ materially due to market conditions, changes in laws or government policies, changes in operational conditions and costs, changes in project schedules, operating performance, demands by clients and consumers, commercial negotiations or other technical and economic factors. For more detailed information, please refer to our Financial Statements, Reference Form (Formulário de Referência) and other relevant information on our investor relations website: www.ir.rededor.com.br
3Q22 2
CEO REMARKS
OPERATIONAL
COSTS AND
HIGHLIGHTS
EXPENSES
QUALITY
RECENT
EVENTS
3Q22 3
QUARTERLY HIGHLIGHTS
Solid operational results
Operational efficiency
+5.3%
(3Q22 vs. 2Q22)
Average ticket
sequential evolution driven by contracts readjustments
+7.4%
(3Q22 vs. 2Q22)
Oncology average ticket
acceleration
Materials and medicines
as a percentage of gross revenues returning to pre-pandemic levels
(% over gross revenues)
24.9%
(in 3Q22)
79.5%
(in 3Q22)
+9.7%
(3Q22; YoY)
Occupancy rate approximately
1 pp above Q3 historical average
Continuous expansion of
operational beds
+13.2%
(3Q22; YoY)
+14.2%
(3Q22; YoY)
Solid growth of surgery volume over same-base assets
Net revenues reaches new quarterly record
21.2% 22.0%
20.5%
of EBITDA margin,
+1.2 pp YoY expansion
18.5%
and +0.1 pp vs. 2Q22
9M19 9M20 9M21 9M22
Cash generation
R$3.4 bi Operational cash flow before
(in 9M22) interest and taxes, +135.4% YoY
3Q22 4
OPERATIONAL AND COVID-19 EVOLUTION
Patient-day volume and average occupancy rate
(hospitalization in thousands; %)
76.8%
73.8%
75.0%
77.6% 79.5% 83.0%
78.4% 76.5% 78.1%
82.6% 79.5%
69.7%
707
701
61.2%
628
625
616
645
554
480
475
513
464
454
388
3Q19
4Q19
1Q20
2Q20
3Q20
4Q20
1Q21
2Q21
3Q21
4Q21
1Q22
2Q22
3Q22
YoY change
+12.7%
+11.1%
+3.2%
-20.6%
-1.2%
+10.7%
+21.9%
+62.0%
+31.7%
+20.0%
+16.5%
+12.5%
+12.2%
Covid-19patient-day evolution at Rede D'Or units
(Daily volume between March 2021 and October 2022)
-92%
Patient-dayvolumes grew 12.2% YoY in 3Q22 with average occupancy rate at 79.5%, in
line with historical seasonality versus 2Q22. Volume of Covid-19 patients continues to
This is an excerpt of the original content. To continue reading it, access the original document here.
Attachments
Original Link
Original Document
Permalink
Disclaimer
Rede D'Or São Luiz SA published this content on 10 November 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 10 November 2022 11:37:09 UTC.
Rede D'Or São Luiz S.A. specializes in health care and diagnostic services. The company offers medical hospital services and surgical interventions in the fields of oncology, gynecology, cardiology, dietetics, orthopedics and dermatology.
At the end of 2021, Rede D'Or São Luiz S.A. operated a network of 64 hospitals (10,618 beds) as well as medical analysis and imaging laboratories.