Rede D’Or São Luiz (RDOR3) reported net profit of R$840.3 million in the first quarter of 2023 (1Q24), an amount 176.6% higher than that reported in the same period in 2023, the company reported this Monday (6).
Adjusted net profit, in turn, reached R$892.9 million in 1Q24, an increase of 138.8% on an annual basis.
The return on invested capital (ROIC) was 18.5% between January and March this year, an increase of 1.6 pp compared to the same period last year.
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Adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) totaled R$2.181 billion in 1Q24, an increase of 35% compared to 1Q23.
The adjusted Ebitda margin reached 17.6% between January and March this year, an increase of 3.3 pp compared to the margin recorded in 1Q23.
Rede D’Or (RDOR3): Result
Net revenue totaled R$12.373 billion in the first quarter of this year, growth of 9.3% compared to the same stage in 2023.
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General and administrative expenses totaled R$672 million in 1Q24, an increase of 15.5% compared to the same period in 2023.
The net financial result was negative at R$403.5 million in the first quarter of 2024, a reduction of 25.1% over the financial losses in the same stage of 2023.
On March 31, 2024, the company’s net debt was R$17.524 billion, an increase of 13% compared to the same stage in 2023.
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The financial leverage indicator, measured by net debt/adjusted EBITDA, was 2.2 times in March/23, a drop of 0.5 pp compared to the same period in 2023.
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