Profarma's Gross Revenue Reached R$ 740,4 Million in the 4th Quarter of 2007, a 40,1% Growth Over the Same Period in the Last Year
RIO DE JANEIRO, Brazil, Feb. 26 /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 fourth quarter of 2007 (4Q07) and full year 2007.
HIGHLIGHTS FOR THE PERIOD
-- Profarma's market share breaks record and reaches 12.8% which is 0.8
percentage points above the share reached in the 3Q07 and 3.2
percentage points above the 9.6% reached in 2006.
-- Growth of 40.1% in consolidated Gross Revenue when compared to the same
period in 2006, reaching R$ 740.4 million.
-- The adjusted EBITDA was of R$ 26.2 million, a 35.3% growth when
compared to the R$ 19.4 million posted in the 4Q06.
-- Cash Cycle reduced in almost 4 days, for the second consecutive
quarter.
-- New regions, Pernambuco, Ceara and Rio Grande do Sul, continue to show
a strong growth when compared to the 3Q07, reaching a Gross Revenue of
R$ 75.0 million, posting a 34.6% growth.
-- Reduction of 34.5% in errors per million of the units shipped, dropping
from 145.0 recorded in the 3Q07 to 95.0 in the 4Q07.
TELECONFERENCE
Portuguese
Wednesday, February, 27th, 2007
10:00 a.m. (Brazil)
08:00 a.m. (NY)
Telephone: +55 (11) 2188-0188
Replay: +55 (11) 2188-0188
Code: PROFARMA
English
Wednesday, February, 27th, 2007
12:00 p.m. (Brazil)
10:00 a.m. (NY)
Telephone: +1 (973) 935-8893
Replay: +1 (706) 645-9291
Code: 33433464
First Call Analyst:
FCMN Contact:
Source: Profarma Distribuidora de Produtos Farmaceuticos S.A.
CONTACT: Max Fischer, CFO & IRO of Profarma Distribuidora de Produtos
Farmaceuticos S.A., +55-21-4009-0276, Fax, +55-21-2491-3906,
ri@profarma.com.br
Web site: http://www.profarma.com.br/ir
2008-02-26 19:02:27 0298959 PRNEWSWIRE