Business
CM Hospitalar: Revenue up 8.7% YoY in 2Q24, but margins and profit fell; cash flow and deleveraging improved
CM Hospitalar: Revenue up 8.7% YoY in 2Q24, but margins and profit fell; cash flow and deleveraging improved
About this update from Cm Hospitalar Sa
Net revenue grew 8.7% YoY in 2Q24, but profitability declined due to lower margins and higher expenses. Free cash flow improved, while net loss was driven by higher financial costs and non-recurring items. Management expects recovery in profitability and cash generation by year-end.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.