Brief: Afya Limited Says Qtrly Total Net Revenue Was R$220.8 Mln

Afya

27/03/2020 01:16

March 26 (Reuters) - Afya Ltd  AFYA.O :
    * AFYA LIMITED ANNOUNCES FOURTH QUARTER AND FULL YEAR 2019
FINANCIAL RESULTS
    * QTRLY ADJUSTED EBITDA OF R$87.4 MILLION, UP 127.0% YOY
    * QTRLY TOTAL NET REVENUE FOR THREE-MONTHS ENDED DEC 31,
2019 WAS
R$220.8 MILLION, UP 107.9% OVER SAME PERIOD LAST YEAR
    * SEES FIRST HALF 2020 NET REVENUES TO BE BETWEEN R$475
MILLION -
R$510 MILLION
    * SEES FIRST HALF 2020 ADJUSTED EBITDA MARGIN IS EXPECTED TO
BE
BETWEEN 45%-46.5%
    * FIRST HALF OF 2020  GUIDANCE MAY NOT BE INDICATIVE OF
RESULTS TO
BE EXPECTED FOR SECOND HALF OF 2020

Source text for Eikon:  ID:nGNX5dx1nd 
Further company coverage:  AFYA.O 

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