Luca's questions to Afya Ltd (AFYA) leadership • Q2 2025
Question
Luca from Itau BBA inquired about the primary drivers for Afya's profitability expansion in the quarter, specifically asking for more detail on SG&A efficiency improvements and the outlook for further expense dilution.
Answer
CFO Luis Blanco attributed the efficiency gains to centralizing more services within the company's shared service center and operational transformations in the continuing education and medical practice solutions segments. CEO Virgilio Gibbon added that operational leverage from maturing campuses, the integration of the Unidom acquisition, and captured synergies also significantly contributed to the record-high first-half EBITDA margin.