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  Ibovespa is falling while keeping an eye on Brazilian data; the dollar is decreasing.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Related articles

Iochpe-Maxion (MYPK3) reports JCP payment; discover further details.

Iochpe-Maxion (MYPK3) declared on Monday (29) the disbursement of R $ 46 million in JCPs (Interest on Own...

Trump has signed an order to allow the sale of TikTok with certain conditions.

U.S. President Donald Trump signed an order last Thursday, stating that his proposal to sell TikTok's U.S. operations...

USA: Employment in August surpasses forecasts.

The Jolts report from the Labor Department revealed that there were 7.2 million job openings in the U.S....

Founder of startup sentenced to jail for defrauding JPMorgan

Charlie Javice, the creator of student startup Frank, received an 85-month prison sentence for committing fraud against JPMorgan...