Anima Holding SA

BOVESPA:ANIM3

Earnings Call Transcript 2018-Q3

[Operator]

Good morning. Welcome, everyone, to Anima's Third Quarter of 2018 Results Conference Call. Today with us, we have Mr. Marcelo Battistella Bueno, Executive Vice President; and Mr. André Tavares, Chief Financial Officer. [Operator Instructions]

Today's live webcast may be accessed through Anima's website at www.animaeducacao.com.br/ir and MZiQ platform.

Before proceeding, we would like to mention that during this conference call, forward-looking statements may be made relating to Anima's business prospects, operational and financial estimates and goals based on the beliefs and assumptions of Anima's management and on information currently available.

Forward-looking statements do not guarantee performance. They involve risks, uncertainties and assumptions because they relate to future events and, therefore, depend on circumstance that may or may not occur. The investors should understand that general economic conditions, sector conditions and the other operational factor could also affect Anima's future results and could cause these results to differ materially from those expressed in such forward-looking statements.

Now I will turn the conference over to Mr. Marcelo Battistella Bueno, who will begin the presentation. Mr. Battistella Bueno, you may begin your conference.

[Marcelo Bueno, executive]

Good morning, everybody. It's a great honor to be with you for the third quarter 2018 results conference call. This conference call, we have an innovation. So we recorded a video and made it available for you to go deeper this time. And now -- following the [ order ], the best practices in corporate governance that we know. So we are going to now open just for Q&A. I'm here with André Tavares, our CFO. Thank you again, and let's open for Q&A.

[Operator]

[Operator Instructions] Mr. [ Kyle Muscargini ] from Morgan Stanley would like to ask a question.

[Unknown Analyst]

My question is regarding the competition in the city of Belo Horizonte. How do you see the market now in this new admission cycle for next year? And how it has evolved from the last admission cycle?

[Marcelo Bueno, executive]

Okay, [ Kyle ], thank you for the question. It's a fact that the metropolitan region of Belo Horizonte, we are having some difficulties there and the competition there is very tough. We made some adjustments in the management of Una. And we are very confident that in spite of the environment, that we expect to continue tough, but we expect that in the -- this first intake of the next year, the 2019, we will have better results in our intake and in our branch in Belo Horizonte as Una and UniBH.

[André Tavares, executive]

Thank you, [ Kyle ]. We are sure that all Brazil -- the Brazilian market is moving from an inclusion wave to a quality wave. So our positioning is related to quality. And I think Belo Horizonte -- as in [ first half ], the metropolitan Belo Horizonte, have -- see great competition, but we win due to our quality position, not only in Una but also in UniBH.

[Operator]

[Operator Instructions] As there are no more questions, I will turn the floor over to Mr. Marcelo Battistella Bueno.

[Marcelo Bueno, executive]

Thank you very much for your time, the questions, and see you in the next quarter conference results. Bye-bye.

[Operator]

Thank you. Anima's third quarter results conference call is over. Have a nice day.