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:5/26/2017)... ... , ... Dr. Alex Rabinovich, a highly-skilled oral surgeon specializing in wisdom teeth ... insurance options. If a Bay Area patient has to search for a second opinion ... an in-network provider for a second opinion can ensure a patient receives the full ...
(Date:5/26/2017)... ... May 26, 2017 , ... ... year’s recipient of proceeds from its 14th Annual Clays for Kids fundraiser, to ... Road 30, Bennett, Colorado. , As part of BluSky’s partnership with The ...
(Date:5/26/2017)... ... 2017 , ... Water damage to the flooring of several classrooms at The ... officials with a number of critical issues to address before students could return to ... with little or no disruption to class schedules. Second, the project had to comply ...
(Date:5/24/2017)... ... May 24, 2017 , ... Dr. Alan I. Benvenisty, MD is dual board ... He is known for his distinguished expertise and experience in the diagnosis and treatment ... training in treating renovascular disease and aortic aneurysm . He is known for ...
(Date:5/24/2017)... ... May 24, 2017 , ... Drs. Nicholas Rallis ... have now spent 10 years as clinical instructors for the reputable Full Mouth ... Dentistry. Through the program, private practitioners receive cutting-edge clinical training and learn how ...
Breaking Medicine News(10 mins):
(Date:5/10/2017)... Inc. (Nasdaq: HOLX ) announced today the ... April 1, 2017 .   GAAP diluted earnings per ... prior year period as the sale of the blood ... diluted EPS of $0.50 increased 6.4%.  Revenue of $715.4 ... Excluding the effects of blood screening and the acquired ...
(Date:5/10/2017)... , May 10, 2017 Radiology has become ... its costs have also spiraled to the number one ... to radiology than ever before as the most complete ... a patient with lower back pain an MRI may ... reason for pain, resulting in entirely different treatment protocols.  ...
(Date:5/9/2017)...  Demonstrating its commitment to representing research- based ... Pharmaceutical Research and Manufacturers of America (PhRMA) today ... now have to meet new research and development ... join PhRMA. "By putting in place ... clear message that being a member of PhRMA ...
Breaking Medicine Technology: