Navigation Links
Grupo Casa Saba Announces 4Q08 Earnings Results
Date:2/27/2009

OTHER

Sales in our Health, Beauty, Consumer Goods, General Merchandise and Other division reached $661.54 million, an increase of 14.77% versus the fourth quarter of 2007. This was due to commercial agreements that enabled us to increase promotions and discounts which, in turn, increased our sales.

As a percentage of total sales, this division went from representing 7.97% in 4Q07 to 8.47% during the fourth quarter of 2008.

PUBLICATIONS

Publication sales decreased 45.02% during the quarter, primarily as a result of lower unit sales. This decrease was mainly due to the fact that Citem stopped distributing some publications that no longer met our minimal profitability requirements.

This division's participation as a percentage of total sales went from 3.36% in 4Q07 to 1.71% in the fourth quarter of 2008.

GROSS INCOME

During the fourth quarter of the year, Grupo Casa Saba's gross income increased 17.86% to reach $953.38 million. The company's gross margin improved as a result of the recent investments, to 12.21% compared to 11.18% during 4Q07.

OPERATING EXPENSES

Operating expenses reached $608.78 million, an increase of 50.94% compared to the fourth quarter of 2007. This was due to the investments that were made over the past months. Operating expenses represented 7.80% of our total sales.

OPERATING INCOME

As a result of the increase in operating expenses, operating income declined 15.04%, to reach $344.59 million. The operating margin was 4.41%, 120 b.p. lower than the 5.61% margin registered in the fourth quarter of 2007.

OPERATING INCOME PLUS DEPRECIATION AND AMORTIZATION

Operating income plus depreciation and amortization for 4Q08 was $374.30 million, a decrease of 12.23% compared to the fourth quarter of 2007. Depreciation and amortization for the period
'/>"/>

SOURCE Grupo Casa Saba
Copyright©2009 PR Newswire.
All rights reserved

Page: 1 2 3 4 5

Related medicine news :

1. Grupo Casa Saba Announces Third Quarter 2007 Results
2. Grupo Casa Saba Announces Fourth Quarter 2007 Results
3. Grupo Casa Saba Announces Sales and Operating Income Increased 14.05% and 13.45%, Respectively
4. Grupo IMO Hosts Symposium on Use of TomoTherapy for Stereotactic Radiosurgery and Stereotactic Body Radiation Procedures : Experts Detail HiArt Platform Advantages for Treatment of Brain, Lung, Pancreatic and Metastatic Cancers
5. Grupo Casa Saba Quarterly Earnings Report 3Q08
6. HHS Announces $75 Million in Supplemental Funding to States for Pandemic Flu Preparedness
7. CRC Health Group Announces Acquisition of Bayside Marin Recovery Center, San Rafael
8. UHW Announces: Antelope Valley Hospital Caregivers and Board Vote to Ratify First Union Contract With SEIU UHW-West
9. HEI, Inc. Announces Sale of RFID Division Assets
10. Caraco Pharmaceutical Laboratories, Ltd. Announces FDA Approval to Market Generic Version of Zyloprim(R)
11. Mettler-Toledo International Inc. Announces Webcast of Presentation at Thomas Weisel Partners 2007 Healthcare Conference
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:9/18/2014)... DC (PRWEB) September 18, 2014 “ ... as part of its monthly Biz Report, which ... to consumers. Scott Steinberg, a host of NewsWatch and ... how these high quality lenses can save users hundreds ... Eyewear, a San Francisco company creates fashion-forward glasses ...
(Date:9/17/2014)... Today, Fecbek, a leading dress manufacturer and ... occasion gowns. These are a lot of beautiful A-line dresses, ... range. , A skirt is a tube- or cone-shaped ... part of the legs. In the western world, skirts are ... a draped garment which is made out of a single ...
(Date:9/17/2014)... Dr. Shalev is a Texas native, and grew ... at the University of Texas, and graduated with a Bachelors ... real passion lay in dentistry, and she went on to ... Texas Health Science Center at Houston School of Dentistry. Dr. ... of The Greater Houston Dental Society, and the Texas Dental ...
(Date:9/17/2014)... 18, 2014 ADVOCATE, the premier ... announces today that they have been awarded the ... in Fort Wayne, Indiana. , ADVOCATE ... encompassing their proprietary suite of billing process software ... improves radiology billing and data quality consistency by ...
(Date:9/17/2014)... Pittsburgh, PA (PRWEB) September 17, 2014 ... their exercise - even when they're already practicing or ... I was inspired to design a special fitness system ... or playing baseball or football," said an inventor from ... the MOBILITY FITNESS SYSTEM, which maximizes a body workout ...
Breaking Medicine News(10 mins):Health News:NewsWatch Recently Featured the Fashion-Forward Frames “Francis Drake Eyewear” on National Television 2Health News:Fecbek.com Has Recently Announced Its New Series of Delicate Special Occasion Gowns Online 2Health News:ADVOCATE Wins Radiology Billing Agreements with Fort Wayne Radiology 2Health News:ADVOCATE Wins Radiology Billing Agreements with Fort Wayne Radiology 3
... inexpensive technologies based on sound and light waves, researchers hope ... for suspicious lesions. Results of the study on ultrasound-guided optical ... print issue of Radiology . "The goal ... optical tomography in the near infrared spectrum with ultrasound localization ...
... Africa has only 11% of the world,s population, yet more ... and two-thirds of the world,s AIDS deaths. New data reveal ... 5 years remaining before the Millennium Development Goals (MDGs) should ... global statistics and competitions over estimates. Two new ...
... ... in Arizona, has teamed up with former,world-champion cagefighter Jamie Varner to get ... June 20th but came away without a victory due to controversial,scoring that ... broken hand and foot. A rematch is,now likely, and the physicians at ...
... of the skin appendages such as hair, nails, sweat ... be increasing in the United States, according to a ... Dermatology , one of the JAMA/Archives journals. "Cutaneous ... complex neoplasms with diverse differentiation that frequently present a ...
... health record systems likely will soon become a fixture ... health care costs and improve medical outcomes, which could ... increases access for millions of Americans. Although benefits ... substantial, EHR systems also give rise to increased liability ...
... raises risk of heat illess, they don,t heed the ... -- Although diabetes raises the chances of developing heat ... to reduce their risk, a new Mayo Clinic survey ... ability to sweat, which predisposes them to heat-related illness, ...
Cached Medicine News:Health News:Noninvasive combination technique may reduce number of breast biopsies 2Health News:Country action is needed for maternal and child health in Africa 2Health News:Arizona Pain Specialists Help Jamie Varner Fight Back 2Health News:Cancers of sweat glands, other skin-related structures may be increasing in United States 2Health News:Electronic health records could give rise to more liability risk 2Health News:Electronic health records could give rise to more liability risk 3Health News:Many Diabetics Unaware of Hot Weather Hazards 2
(Date:9/17/2014)... -- According to a new market research ... Device, Display, & Microprocessor/MCU), by Application (Imaging, Medical Therapeutics, ... - Global Forecast to 2020", published by MarketsandMarkets, the ... reach $56.50 Billion by 2020, growing at a CAGR ... 235 market data Tables and 71 Figures spread through ...
(Date:9/17/2014)... , Sept. 17, 2014  NuView Life ... global licensing and collaboration agreement with Otsuka Pharmaceutical ... NuView,s investigative genomic-based diagnostic biomarker to detect cancers ... includes all other future diagnostic-imaging applications. NuView retains ... therapeutic delivery and in-vitro urine screen applications. ...
(Date:9/17/2014)... , Sept. 17, 2014 Isis ... that it has earned a $4 million milestone ... ) associated with the initiation of a Phase ... multi-drug resistant (MDR), gram-negative bacterial infections.  The Phase ... to evaluate the efficacy and safety of plazomicin ...
Breaking Medicine Technology:Medical Electronics Market Worth $56.50 Billion by 2020 2Medical Electronics Market Worth $56.50 Billion by 2020 3Medical Electronics Market Worth $56.50 Billion by 2020 4NuView Life Sciences Enters Global Licensing Agreement With Otsuka Pharmaceutical 2NuView Life Sciences Enters Global Licensing Agreement With Otsuka Pharmaceutical 3NuView Life Sciences Enters Global Licensing Agreement With Otsuka Pharmaceutical 4NuView Life Sciences Enters Global Licensing Agreement With Otsuka Pharmaceutical 5Isis Pharmaceuticals Earns $4 Million from Achaogen for the Initiation of a Phase 3 Study of Plazomicin 2Isis Pharmaceuticals Earns $4 Million from Achaogen for the Initiation of a Phase 3 Study of Plazomicin 3
100cc silicone evacuator with hubless flat drain and trocar...
Used following open gallbladder procedure to drain bile. Often attached to Bard bile bag....
Silicone Flat Hubless Drains...
Hubbed drains are made of translucent silicone and include a full-length X-ray opaque stripe....
Medicine Products: