Multiplan Empen Unsp/Adr (MLTTY) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning, ladies and gentlemen. Welcome to the earnings call regarding the second quarter of 2025 of Multiplan. We have here with us the executive directors of the company. The presentation of this conference call is available for download at the IR website of Multiplan. Before continuing, Any forward-looking statements that are disclosed in this earnings call regarding the projections, economic and financial, are based on premises and beliefs of the board of directors of Multiplan. It's based on information available to the company now. They're not a guarantee of performance. They involve uncertainties and premises. in regard to forward-looking statements, so they depend on circumstances that may or may not occur. Investors should know that general economic conditions, industry conditions, and other operational factors might affect the results of the company and might lead to results that are materially different in the forward-looking statements. Now I'd like to give the floor to Eduardo Perez, the CEO of the company. He will start the presentation. Please, the floor is yours. Good morning everyone. It's with a great pleasure that I share with you the second quarter of 2025 results of Multiplan. We've had one of the strongest quarters of the last decades in the operational side, with almost 13% growth in tenant sales, an NOI that is a record 95%, and the high occupancy rate getting to 96.1%. We continue to deliver solid results, even after the repurchase of shares last year. Earnings per share has increased 37% year-on-year on 24. Results are driven by the renovations and expansions of our portfolio. Expansions of Dinan Mall and Pachopim Barigui once again demonstrated the success of our strategy of valuing assets. Together, the malls had an average sales growt...