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Published on 9/4/2012 in the Prospect News Emerging Markets Daily.

S&P affirms DASA

Standard & Poor's said it affirmed its ratings on Diagnosticos da America SA (DASA). The outlook remains stable.

According to S&P, the company has been focusing on integrating its recent acquisitions and improving service quality by updating equipment and training its staff.

However, as a result, its cash flow generation and operating margins weakened in the past few quarters.

Still, S&P said it believes the company will soon benefit from these investments through higher operating efficiency and cash flow generation.


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