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Profarma's Gross Revenues Reached R$ 702.6 Million in the 1st Quarter 2008, a 26.5% Growth Over the Same Period Last Year
Date:5/5/2008

RIO DE JANEIRO, Brazil, May 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 first quarter of 2008 (1Q08).

HIGHLIGHTS FOR THE PERIOD

-- Growth of 26.5% in consolidated Gross Revenue when compared to the same

period of the previous year, reaching R$ 702.6 million.

-- Profarma's market share reaches 11.8% in the 1Q08, 1.1 percentage

points above the share reached in the same period of the previous year.

-- The adjusted EBITDA was of R$ 18.6 million, a 24.0% growth when

compared to the R$ 15.0 million posted in the 1Q07.

-- Increase in the service level, reaching 91.2% in the 1Q08, a 1.2

percentage points growth in relation to the 1Q07 and 0.3 percentage

points in relation to the 4Q07.

-- Annual price increase that occurred in March 31st was of 3.1% in

average, 50% higher than the previous year.

TELECONFERENCE

Portuguese

Tuesday, May, 06th, 2008.

10:00 a.m. (Brazil)

09:00 a.m. (NY)

Telephone: +55 (11) 2188-0188

Replay: +55 (11) 2188-0188

Code: PROFARMA

English

Tuesday, May, 06th, 2008.

12:00 p.m. (Brazil)

11:00 a.m. (NY)

Telephone: +1 (973) 935-8893

Replay: +1 (706) 645-9291

Code: 43748460


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SOURCE Profarma Distribuidora de Produtos Farmaceuticos S.A.
Copyright©2008 PR Newswire.
All rights reserved

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