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Sigma-Aldrich (Nasdaq: SIAL) Reports Q4 and Full Year 2010 Diluted EPS of $0.76 and $3.12, Respectively. Q4 and Full Year 2010 Adjusted Diluted EPS Were $0.83 and $3.31, Respectively. Q4 Sales Set New Quarterly High. 2011 Diluted EPS Expected to be
Date:2/9/2011

e and CEO Jai Nagarkatti. He was a greatly respected leader to the entire Sigma-Aldrich organization and the scientific and business community.  Jai left a great legacy and a solid team. We continue to keep his family in our thoughts and prayers.

We are very pleased to have reported improved results in 2010's fourth quarter when compared to the same period last year, our best quarter in 2009.  Our fourth quarter sales set a new quarterly record at $582 million.  Earnings for the fourth quarter of 2010 continued the strong performance achieved in the earlier quarters of 2010, driving our diluted EPS for the year up by 11% on a reported basis and by 16% on an adjusted basis over the prior year level. The $3.12 of reported, diluted EPS for 2010 is another record, marking our 36th consecutive year of achieving increased EPS.  

Our fourth quarter sales showed positive organic growth in both our Research and SAFC businesses. Our traditional research products in analytical chemistry, biology and traditional chemistry together with continued strong growth from our materials science products all made a positive contribution to our research sales growth. Our SAFC business continued its strong quarterly sales performance, achieving the best quarterly sales in 2010, with strong growth in sales of materials and precursors for semi-conductor and L.E.D. applications as well as in industrial cell culture media for biological drugs. SAFC also enjoyed steady growth in the sale of bulk chemical products for development and manufacturing."

Sachdev continued, "For 2011, we again expect organic sales growth in the mid-single digit range as we continue to drive toward our longer term organic growth goal of 7% to 8%. Market conditions are not likely to change much, so our plans are to continue to execute on our strategic initiatives to drive sales of our analytical, biology, chemistry and materials science products, to continue the high single digit
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