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Genomma Lab Internacional Announces First Quarter 2009 Results
Date:4/28/2009

MEXICO CITY, April 28 /PRNewswire-FirstCall/ -- Genomma Lab Internacional, S.A.B. de C.V. (BMV: LAB) ("Genomma Lab" or "the Company"), announced today its results for the quarter ended March 31, 2009. All figures included herein were prepared in accordance with Mexican GAAP; figures are stated in nominal Mexican pesos. Also, the following consolidated figures show the Company's Spanish operations reclassified as discontinued operations according to Mexican GAAP.

    1Q09 Highlights (vs. 1Q08)
    -- Net Sales reached Ps. 649.1 million, an increase of 26.1%.
    -- Gross Profit was Ps. 477.3 million, an increase of 23.2%.
    -- EBITDA(1) increased 10.2% to Ps. 92.7 million.
    -- Consolidated Net Income rose 48.5% to Ps. 74.9 million.
    -- Earnings Per Share(2) increased 31.3% to Ps. 1.02 during the first
       quarter.
    -- International Net Sales rose 259.4%, to Ps. 115.4 million.
    -- During the first quarter, Genomma Lab successfully launched seven
       products under six existing brands (Base Brands(3) and Prior Year
       Launches(4)) as part of our line extension strategy.
    -- The Company also launched two products under two New Brands(5), as part
       of its new product launch plan during the first quarter.
    -- As of March 31, 2009 the Company had a net cash position of
       Ps. 1,078.6 million.
    -- During the first quarter of 2009, the Company also acquired Medicinas y
       Medicamentos Nacionales, S.A.P.I. de C.V. ("MMN"), a company with a
       broad product portfolio.

    (1) EBITDA is defined as earnings before interest, taxes, depreciation and
    amortization.
    (2) Earnings Per Share are for the last 12 months and were calculated
    using the weighted average of shares outstanding for the period.
    (3) Base Brands were launched at least two years prior to the last fiscal
    year (2007, 2006, 2005, etc.).
    (4) Prior Year Launches were brands launched during t
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SOURCE Genomma Lab Internacional, S.A.B. de C.V.
Copyright©2009 PR Newswire.
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