Dasa (DASA3) divests its operations in Argentina for $700 million.

Date:

Share post:

Foto: Divulgação
Imagem:
chsyys/ShutterStock

Dasa (DASA3) revealed on Tuesday (30) that it has entered into two agreements to sell its businesses in Argentina — Diagnosis Maipú by Imágenes S.A., Medical Investment S.A., and Mantris subsidiary, focusing on occupational medicine and integrated health management.

The transaction involved a total amount of R$704.8 million, with R$700.8 million paid upfront. As part of the deal with Mantris, R$4 million were set aside for three years to address any potential liabilities before finalizing the transaction.

In the 12-month period of 2024, the companies generated an EBITDA of R$ 118 million, as reported by InfoMoney.

Dasa’s strategic plan includes sales to emphasize its core focus on Diagnostics, while divesting non-strategic assets such as Dasa Companies.

Dasa (DASA3) decreases losses to R$ 111 million in the first quarter.

Dasa (DASA3), a diagnostic medicine company, announced a net loss of R$ 111 million in the first quarter of 2025. This loss marks an improvement from the previous year’s accumulated loss of R$ 176 million. The financial report, released on Wednesday (14), includes the performance of the company’s hospital unit, which was separated in a joint venture with Amil.

The Ebitda profits from Dasa in the first quarter between January and March totaled R$ 708 million, showing an 11% increase compared to the previous year. This achievement was attributed to improved operational efficiency and cost control measures, marking the best first-quarter performance as per the management.

Dasa’s total revenue for the quarter reached R$3.826 billion, showing a 3% increase compared to the previous year. The diagnostic division generated R$1.921 billion in revenue during the period, marking a 6% growth from the same period in 2024. However, the hospital and oncology sector experienced a slight annual decline of 1%, resulting in a net revenue loss of R$1.905 billion after tax deductions.

  • Businesses in the Sack
  • Business
  • Dasa (DASA3)
READ ALSO  China has temporarily halted its iron ore purchases from BHP.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Related articles

Trump steps down from his position as an executive at Microsoft.

U.S. President Donald Trump asked Microsoft on Friday to remove Lisa Monica, an executive who previously held a...

Braskem is considering options for its financial framework.

Braskem (BRKM5) stated on Friday (26) that it has enlisted financial and legal experts to assess choices for...

Motiva signs a contract worth R $ 3.9 billion for the extension of Line 4.

Motiva (MOTV3) announced on Friday (26) an extension of the 4-Amarela Line of the Metro to Taboão da...

JBS’s Joesley Batista was welcomed by Trump ahead of the UN Assembly.

U.S. President Donald Trump recently met with JBS executive Joesley Batista at the White House to discuss meat...