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Cambrex Reports First Quarter 2009 Results
Date:5/5/2009

Other Income, net (67) -0.1% (125) -0.2% ----- ----- Income Before Income Taxes 7,258 12.1% 6,947 11.3% Provision for Income Taxes 2,520 4.2% 2,701 4.4% ----- ----- Net Income $4,738 7.9% $4,246 6.9% ====== ====== Earnings per Share of Common Stock Basic $0.16 $0.15 Diluted $0.16 $0.15 Weighted Average Shares Outstanding Basic 29,200 29,035 Diluted 29,203 29,093 CAMBREX CORPORATION Reconciliation of GAAP to Non-GAAP Results For the Quarters Ended March 31, 2009 and 2008 (in thousands) First First Quarter Quarter 2009 2008 -------- -------- Operating Profit, as Reported 8,348 7,528 Depreciation and Amortization 4,686 5,149 Strat. Alt. & Restructuring Expenses* - 811 --- --- Adjusted EBITDA $13,034 $13,488 ======= ======= * During 2008, the Company incurred expenses related to restructuring activities and strategic alternative expenses pursuant to the sale of its Bioproducts and Biopharma businesses in February 2007 and for the consolidation of the New Jersey R&D facility
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