Navigation Links
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


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

Related medicine news :

1. Michael Moores SiCKO Becomes the Third Highest Grossing Documentary of All Time Surpassing An Inconvenient Truth
2. Grosse Pointes Cottage Hospital Joins Henry Ford Health System
3. drugstore.com inc. Reports Record Gross Margins and Bottom Line Results for the Third Quarter of 2007
4. Memry Corporation FY 2007 Revenues $51.7M; Net Income $317,000 or $0.01 Per Share
5. Biotel Announces Record Revenues and Strong Earnings for the Fourth Quarter and Year Ended June 30, 2007
6. Precision Optics Corporation Announces Fourth Quarter and Year End Results With Highest Revenues in Six Years
7. Immucor Announces Record Fiscal First Quarter Revenues
8. Volcano Corporation Reports Preliminary Third Quarter 2007 Revenues
9. Nyer Medical Group, Inc. Reports EPS of $.02 on Record Revenues of $69.9 Million for Fiscal Year Ended 2007
10. Aspreva Announces Preliminary Revenues for Third Quarter 2007
11. Nexia Closes Acquisition of Green Endeavors; Landis Salons On Track to Generate Revenues of $2.2 Million in 2007
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:10/13/2017)... ... October 13, 2017 , ... ... (SOP) alumni Hannah Randall, PharmD ‘17, and Jennifer Huggins, PharmD ’17, along ... updates for the primary prevention of cardiovascular diseases during the 15th Annual ...
(Date:10/13/2017)... ... October 13, 2017 , ... Ellevate Network, the leading ... to advocate for action towards gender equality at their inaugural Summit in New York ... globe, and reached a social audience of over 3 million. To watch the Mobilize ...
(Date:10/13/2017)... ... ... Journey: From the Mountains to the Mission Field”: the story of a missionary couple ... From the Mountains to the Mission Field” is the creation of published author, Carole ... and currently teaches a class of ladies at her church, which she has taught ...
(Date:10/12/2017)... ... 2017 , ... The company has developed a suite of ... authorities worldwide. From Children’s to Adults 50+, every formula has been developed by ... , These products are also: Gluten Free, Non-GMO, Vegan, Soy Free, Non-Dairy*, Preservative ...
(Date:10/12/2017)... ... October 12, 2017 , ... Dr. Parsa ... contributed a medical article to the newly revamped Cosmetic Town journal ... the hair transplant procedure known as Follicular Unit Extraction (FUE). , ...
Breaking Medicine News(10 mins):
(Date:9/18/2017)... KALAMAZOO, Mich. , Sept. 18, 2017 /PRNewswire/ ... and OptiMed Specialty Pharmacy of Kalamazoo, Mich. ... a strategic hub service that expedites and streamlines patient ... spirometer, Spiro PD 2.0, and wellness management services.  ... a medical device used to measure lung function for ...
(Date:9/12/2017)... , Sept. 12, 2017   EcoVadis , the leading platform for ... the first annual edition of its Global CSR Risk and Performance Index. ... by EcoVadis, based on Scorecard Ratings that analyzed nearly 800,000 data points ... ... ...
(Date:9/9/2017)... ... DC ... th – Monday, September 18 th .The Brain Tumor Foundation (BTF) ... to the public.Where:  BTF,s Mobile MRI Unit – ... NW, Washington, D.C.What:BTF brings its nationwide initiative, the Road to Early Detection ...
Breaking Medicine Technology: