Multiplan Empen Unsp/Adr

Welcome to the earnings call of the results of the fourth quarter of 2021 of Multiplan. We have here Mr. Jose Zaccaparris. He is the President. Mr. Armando Dalmeida Neto, VP Finance and Investor Relations. Mr. Marcelo Baris, VP of Development. Hans Melscher, he's the Director of Planning. in Investor Relations, and Mr. Richard, Director of Digital Strategy. And we inform everyone that the presentation of the, well, the earnings call, you can download the presentation from the ri.multiplan.com.br. And you can know that the participants will only hear the teleconference during the presentation of the company. And thereafter, we're gonna start the Q&A session. When more, you will get more information. Should you need any help during the earnings call, please request the help of the operator and you can type asterisk zero. Before we start, we would like to say that the disclaimer, anything that might be said during the earnings call regarding the perspective of business perspective and projections and operational goals and finance are premises of the Board of Directors of Multiplan and based on the information that is available now to the company. Any future forward-looking statements do not assure performance and they involve risks and uncertainties. So these future events, they depend on circumstances that might or might not take place. Investors have to know that general economic conditions, industry conditions and other operational factors can affect the future results of the company and can lead to results that are materially different from those that have to be taken care of in the future. The teleconference will take 60 minutes. After this period, the investor relations area will be available should you have any more questions. Now I would like to give the floor Good morning, everyone, dear ladies and gentlemen. It is a great pleasure to be here with you and comment a little bit about our results. And I'm going to be maybe you're going to be a little bit tired, but I'm going to say something different for those of you that want to understand our company. I'm going to refer here to our on our analysis on the several crisis that we've gone through. I would like to say that in these 50 years of experience, we I probably went through 15 crisis economic crisis and every four and four years younger so we have a crisis so let's start usually people that are fearful of the crisis they open up a space for their competition and these crisis are always generating new demands. And then those that grow are actually the ones that can identify those new demands and even foresee them. We grew, we grew regardless of the crisis, and we knew how to adapt to every moment. As the recent case of Parc Shopping Jacques Carre Paguas delivered in November 19th, that was built Right in the middle of the COVID crisis. Now, we don't get intimidated by crisis when our results of the fourth quarter are here to prove what I've said. In the fourth quarter, it was the only period that we actually had the breath to continue with restrictions, but we could catch our breath. And maybe there is another subjective factor, which is COVID, that makes people be hostages in their own homes. If it wasn't that, the results would have been much better. And remember that Christmas was doing well when we had COVID. And then we lost a little bit. Naturally, people are concerned since the beginning. So what I would like to say to you is here in the comparison of the fourth quarter. And as you know, the numbers, the fourth quarter of 19, why am I talking about 19? It's a near of growth. It's a year that the malls grew. So we are comparing a period that temperature and pressure are basically the same. except the subjective issue that people believe that COVID and so on and so forth.

I'm not going to comment that, but this is a global issue.

Now, the fourth quarter of 21 and comparing to 19, we have the sales of growing 19%, the net revenue. of Multiplan grew 21% and the profits 50.1%, also referring to the same period of 19. So it is a good growth period for Brazil. And our estimation for results at the beginning of 22 that we have here, the numbers, We have our sales growing 4.4%, January 19. We also have 42.6 above January 21. And our growth of the net revenue is of the order of 25% if we compare to the same period 19.