4Q18 Earnings Release

São Paulo, March 19th, 2019 - Alliar - Centro de Imagem Diagnósticos S.A. hereby announces its 4Q18 results.


  • Net revenue1 growth of 1.7% when compared to 4Q17, with same-store-sales (SSS) of 1.4%. In the year, revenues reached R$ 1,075.5 million, a 3.3% growth, with SSS of 2.1%

  • Expansion of +484 bps in adjusted EBITDA, reaching 25.1% in the quarter, with adjusted EBITDA of R$ 64.9 million, a growth of 26.0%. In the year, adjusted EBITDA totaled R$ 250.8 million (+12.6%), with margin of 23.3% (+194 bps)

  • Net income (Shareholders) increased by R$ 29.7 million in the quarter, reaching R$ 16.4 million (compared to a net loss of R$ 13.3 million in 4Q17). In the year, net income increased by 502.7%, reaching R$ 40.1 million

  • Operating cash flow of R$ 73.2 million in 4Q18 and R$ 181.3 million in the year (+13.8%). Positive free cash flow of R$ 104.4 million in 2018 demonstrates the Company‘s new momentum

  • ROIC without goodwill of 12.7%, up by 183 bps, due to the maturation of investments

  • Net promoter score (NPS) of 67.0% at the end of 4Q18 and 65.3% in the year reflects the ongoing improvements in real-time management of the patients‘ flow in our units

(1) Excludes "construction revenue", accounting entry referring to the investment made at RBD (PPP Bahia)

Click here to access the Earnings Release.

Conference Call in Portuguese

Conference Call in English

March 20, 2019
12:30 p.m. (Local time)
11:30 a.m. (NY time)
Phone: +55 (11) 2188-0155
Code: Alliar
Webcast: click here

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March 20, 2019
01:30 p.m. (Local time)
12:30 p.m. (NY time)
Phone: +1 (646) 843-6054
Code: Alliar
click here

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IR Contact

Frederico de Aguiar Oldani