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Profarma's Gross Revenues Reached R$ 698.2 Million in the 3rd Quarter 2007, a 31.9% Growth Over the Same Period Last Year and Net Income Rose by 94.9%, Respectively
Date:11/5/2007

RIO DE JANEIRO, Brazil, Nov. 5 /PRNewswire-FirstCall/ -- One of Brazil's leading distributors of pharmaceutical products, Profarma Distribuidora de Produtos Farmaceuticos S.A. ("Profarma" or the "Company") (Bovespa: PFRM3) has just announced its results for the third quarter of 2007 (3Q07). Profarma's financial statements are prepared in accordance with Brazilian Corporate Legislation, with the financial and operational information being prepared on consolidated bases in accordance with Brazilian Generally Accepted Accounting Principles (BR GAAP) and compared with the same period of 2006 (3Q06).

Profarma's non-financial information has not been revised by the external auditors.

HIGHLIGHTS FOR THE PERIOD

-- Profarma's market share breaks record and reaches 12.0%, which is

1.3 percentage points above the share achieved in 2Q07.

-- Growth of 31.9% in consolidated Gross Revenues, reaching R$ 698.2

million, well above the figures for the same period in 2006.

-- Growth of 94.9% in Net Income, reaching R$ 8.2 million, when compared

to 3Q06.

-- Adjusted EBITDA was R$ 21.6 million for 3Q07, growth of 12.9% in

relation to the R$ 19.1 million posted in 3Q06.

-- Cash cycle reduce by 2 days in relation to the previous quarter.

-- New regions of Pernambuco (PE), Ceara (CE) and Rio Grande do Sul (RS)

showed strong growth in relation to 2Q07, achieving Gross Revenues of

R$ 55.7 million.

-- Reduction of 29.0% in errors per million units shipped, dropping from

204.3 recorded in 2Q07 to 145.0 in 3Q07.

TELECONFERENCE

Portuguese

Tuesday, November, 06th, 2007

10:00 a.m. (Brazil)

07:00 a.m. (NY)

Telephone: +55 (11) 2101-4848

Replay: +55 (11) 2101-4848

Code: PROFARMA

English

Tuesday, November, 06th, 2007

12:00 a.m. (Brazil)

09:00 a.m. (NY)

Telephone: +1 (973) 935-8893

Replay: +1 (973) 341-3080

Code: 9313688

CONTACT

Max Fischer

CFO & IRO

Telefone: +55(21) 4009-0276,

Fax: +55(21) 2491-3906

E-mail: ri@profarma.com.br

http://www.profarma.com.br/ir


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SOURCE Profarma Distribuidora de Produtos Farmaceuticos S.A.
Copyright©2007 PR Newswire.
All rights reserved

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