Q4 2025 Auna SA Earnings Call Transcript

Mar 11, 2026 / 12:00 PM GMT
Release Date Price: $5.2 (+8.33%)

Key Points

Positve
  • Auna SA (AUNA) stabilized its Mexico operations, setting a clear path for sustained top-line and EBITDA growth in 2026.
  • Peru's performance was strong, driven by a favorable pricing mix in healthcare services and a record low medical loss ratio.
  • Colombia's results aligned with objectives to grow and improve cash flow through higher risk-sharing contracts.
  • Consolidated adjusted net income increased significantly, reaching 136 million soles in the quarter compared to 36 million soles the previous year.
  • Auna SA (AUNA) strengthened its capital structure with an $825 million debt refinancing, improving maturity profiles and lowering interest expenses.
Negative
  • Mexico's operations faced volume losses earlier in 2025, resulting in disappointing annual results.
  • Adjusted EBITDA declined 14% FX neutral in the quarter, mainly due to Mexico's underperformance.
  • Capacity utilization in healthcare services decreased by 2.3 percentage points to 64%, reflecting lower utilization in Colombia.
  • Fourth quarter adjusted EBITDA in Mexico declined 36%, with a full-year decline of 18%, due to lower revenues and profitability.
  • The unfavorable year-over-year comparison in Colombia was related to extraordinary items recorded in the prior year quarter.


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

AUNA.N - Auna SA
Q4 2025 Auna SA Earnings Call
Mar 11, 2026 / 12:00PM GMT

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Presentation
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Unidentified_1 [1]
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Good morning and welcome to Ana's fourth quarter 2025 earnings conference call. My name is Ellie and I will be your operator for today's call. At this time, all participants are in listen-only mode.

Please note.

Please note that this call is being recorded. There will be an opportunity for you to ask a question at the end of today's presentation. Now, I would like to turn the call over to Anna Maria Mora, head of investor relations. Ma'am, you may now go ahead, please.

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Unidentified_2 [2]
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Thank you, operator. Hello everyone, and welcome to AUA's conference call
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