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Cambrex Reports Third Quarter 2008 Results
Date:11/4/2008

ents or otherwise.

About Cambrex

Cambrex provides products and services to accelerate the development and commercialization of small molecule APIs, advanced intermediates and other products for branded and generic pharmaceuticals. The Company currently employs approximately 850 people worldwide. For more information, please visit http://www.cambrex.com.

CAMBREX CORPORATION

Statement of Profit and Loss

For the Quarters Ended September 30, 2008 and 2007

(in thousands)

2008 2007

% of % of

Amount Sales Amount Sales

Gross Sales $56,508 100.0% $54,742 100.0%

Allowances and Rebates 193 0.3% 227 0.4%

Net Sales 56,315 99.7% 54,515 99.6%

Other Revenues 1,977 3.5% 99 0.2%

Net Revenues 58,292 103.2% 54,614 99.8%

Cost of Goods Sold 42,057 74.5% 36,093 66.0%

Gross Profit 16,235 28.7% 18,521 33.8%

Operating Expenses

Selling, General and

Administrative Expenses 8,767 15.5% 10,669 19.5%

Research and Development

Expenses 1,772 3.1% 3,062 5.6%

Restructuring Expenses 321 0.6% 451 0.8%

Strategic Alternative Costs 833 1.5% 866 1.6%

Total Operating Expenses 11,693 20.7% 15,048 27.5%

Operating Profit 4,542 8.0% 3,473 6.3%

Other Expenses:
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SOURCE Cambrex Corporation
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