Profarma's Gross Revenues Reached R$ 702.6 Million in the 1st Quarter 2008, a 26.5% Growth Over the Same Period Last Year
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RIO DE JANEIRO, Brazil, May 5 One of Brazil'sleading distributors of pharmaceutical products, Profarma Distribuidora deProdutos Farmaceuticos S.A. ("Profarma" or the "Company") (Bovespa: PFRM3) hasjust 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
SOURCE Profarma Distribuidora de Produtos Farmaceuticos S.A.
