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

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

First Call Analyst:
FCMN Contact:

Source: Profarma Distribuidora de Produtos Farmaceuticos S.A.

CONTACT: Max Fischer, CFO & IRO, or Beatriz Diez, IR Coordinator,
+55(21) 4009-0276, Fax +55(21) 2491-3906, ri@profarma.com.br

Web site: http://www.profarma.com.br/ir

2008-05-05 18:33:53 0353160 PRNEWSWIRE