Navigation Links
Grupo Casa Saba Announces Fourth Quarter 2007 Results
Date:2/26/2008

Sales and Operating Income Plus Depreciation and Amortization Increased

3.85% and 2.96%, Respectively

MEXICO CITY, Feb. 26 /PRNewswire-FirstCall/ -- Grupo Casa Saba ("Saba", "GCS", "the Company" or "the Group"), one of the leading Mexican distributors of pharmaceutical products, beauty aids, personal care and consumer goods, general merchandise, publications and other products, announces its consolidated financial and operating results for the fourth quarter of 2007.

Financial Highlights:

(All figures are expressed in millions of Mexican pesos as of December 31, 2007. Comparisons are made with the same period of 2006, unless otherwise stated. Figures may vary due to rounding practices. "b.p." stands for basis points.)

- Sales for the quarter totaled $7,101.73 million

- Gross income increased 3.56%

- Gross margin for the quarter was 11.19%

- Quarterly operating expenses as a percentage of sales were 5.33%

- The operating margin for the quarter was 5.86%

- Net profit for the quarter reached $383.90 million

- Cash and cash equivalents at the end of the quarter was $661.63 million

QUARTERLY EARNINGS

NET SALES

During the fourth quarter, GCS's sales were $7,101.73 million, an increase of 3.85%.

Sales for our Private Pharma division grew 3.66% during the fourth quarter of 2007, due to an increase in the number of units sold.

Sales in our Health, Beauty, Consumer Goods, General Merchandise and Others division rose slightly versus the fourth quarter of 2006, growing 1.63%, while the Government Pharma division's sales increased 4.13%.

Publications sales increased significantly, growing by 14.62%. This was due to a significant increase in the number of units sold, particularly in sales of men's and women's magazines as well as health-oriented publications and the 2008 astrological guides.

The sales mix wa
'/>"/>

SOURCE Grupo Casa Saba, S.A.B. de C.V.
Copyright©2008 PR Newswire.
All rights reserved

Page: 1 2 3 4

Related medicine news :

1. Grupo Casa Saba Announces Third Quarter 2007 Results
2. HHS Announces $75 Million in Supplemental Funding to States for Pandemic Flu Preparedness
3. CRC Health Group Announces Acquisition of Bayside Marin Recovery Center, San Rafael
4. UHW Announces: Antelope Valley Hospital Caregivers and Board Vote to Ratify First Union Contract With SEIU UHW-West
5. HEI, Inc. Announces Sale of RFID Division Assets
6. Caraco Pharmaceutical Laboratories, Ltd. Announces FDA Approval to Market Generic Version of Zyloprim(R)
7. Mettler-Toledo International Inc. Announces Webcast of Presentation at Thomas Weisel Partners 2007 Healthcare Conference
8. Z Trim Announces Revocation of Gregory Halpern Severence Agreement
9. Brooke Franchise Corporation Announces Selected July Results
10. Manor Care, Inc. Announces Record Date for Special Stockholder Meeting
11. Caraco Pharmaceutical Laboratories, Ltd. Announces FDA Approval to Market Generic Version of Adipex-P(R)

Post Your Comments:
*Name:
*Comment:
*Email:
(Date:11/30/2009)... Firm uses Staten Island courtroom to recreate ...were 100% responsible for client’s accident.... November 30, 2009 -- A Staten Island, N.Y. jury a...aperhanger who was injured at a New York City cons... J.T. Magen Construction Company et al (Index No. ...
(Date:11/30/2009)...ELAND, Ohio, November 30 Simbionix... medical simulation systems, in collaboration,with...e Rehearsal Studio(TM),workshop for the first time...y. , The Simbionix PROcedure Rehearsal St... enable clinicians to create practice scenarios ba...
(Date:11/30/2009)...y is an effective, convenient technique that, when...cerous breast lesions from benign results, accordi...al meeting of the Radiological Society of North Am...us findings, physicians often use ultrasound to ob...as the potential to result in more biopsies becaus...
(Date:11/29/2009)... The Academy of General Dentistry (AGD) announc...eived the Mastership Award during the AGD,s commen...mmitment to excellence in dental education.,To ac... approved continuing dental education in the 16 di...ted to hands-on skills and techniques. , ...
(Date:11/29/2009)...00 round of treatment equals a $41,000 pay raise, ...ealthDay News) -- Psychological therapy may be muc...ng a raise or winning a lottery prize, suggests an...thousands of people who provided information about...se in happiness from a $1,329 course of therapy wa...
Breaking Medicine News(10 mins):Health News:Raphaelson & Levine Secures $1.1 Million Verdict for Victim of New York Construction Accident 2Health News:Simbionix First Procedure Rehearsal Studio(TM) Training Workshop 2Health News:Simbionix First Procedure Rehearsal Studio(TM) Training Workshop 3Health News:Elastography reduces unnecessary breast biopsies 2Health News:Orange County Dentist Honored by The Academy of General Dentistry 2Health News:Psychotherapy Can Boost Happiness More Than Money: Study 2
...ng court procedure and family disputes regarding t...heir toll on the actor's health , say his close fr...ied about Sanju's stress level. Anything can happe... his vertebrae have collapsed suddenly. Sanju had ...
...the city's health services panel Friday approved a...) fixed fine for anyone who breaches tough new ant...e to be drafted in to back up the teams of tobacco...c parks in Hong Kong on January 1 but offenders mu...
... has shown that a synthetic derivative of a common...oost the odds of living longer. Universit...t the compound derived from creosote is called NDG... normal diet and NDGA have so far been found to su...
...ers could appease your appetite and boost your lib...o chemically enhance the aphrodisiacal qualities o...rge May started feeding his oysters with the anti-...rwent surgery for prostate cancer. May cl...
...ns making a grand entry into Kerala, tourist resor...ing health packages. The rainy season, experts sa... Although Ayurveda evolved centuries ago in Indi...cording to ayurveda specialists, the monsoon seaso...
... The specialty oriented professional medical searc...ormation, today introduced SearchMedica Oncology,...l prioritize search results by publication date, m...ch engine at Chicago's McCormick Place, where onco...
Other Medicine News:Health News:Stress-Related Health Problems Haunts Sanjay Dutt 2Health News:Common Desert Shrub may Increase Longevity 2Health News:Now Viagra Oysters Could Appease Your Appetite and Boost Your Libido! 2Health News:Ayurveda Resorts in Kerala Gear Up for the Monsoon Season 2Health News:Ayurveda Resorts in Kerala Gear Up for the Monsoon Season 3Health News:CMPMedica Adds Oncology Search Engine to SearchMedica.com 2
(Date:11/29/2009)...e/ -- This year at the Radiological Society of Nor...eeting, FUJIFILM Medical Systems USA is announcing...e with the introduction of Synapse(TM) 3D*. Fujif...essing by now offering its own advanced imaging ca...ovascular applications. The company has also made...
(Date:11/28/2009)...ire/ -- Siemens Healthcare redefines productivity...maging matrix) technology and with its new Dot(TM)...gies are introduced in the new MAGNETOM ® Ae...canners at the 95th Scientific Assembly and Annual...ica (RSNA) from November 29 to December 3 at McCor...
(Date:11/27/2009)... Booth - 3646/South Hall ... premier supplier of X-ray tubes and flat panel di... of detectors at the RSNA Annual Meeting in Chicag...an will also be exhibiting X-ray tube technology f...er treatment technologies. ,, Varian,s exhibit...
Breaking Medicine Technology:FUJIFILM Enters Advanced Visualization Market 2FUJIFILM Enters Advanced Visualization Market 3FUJIFILM Enters Advanced Visualization Market 4Siemens Introduces Its New Power Couple at RSNA 2009 2Siemens Introduces Its New Power Couple at RSNA 2009 3Siemens Introduces Its New Power Couple at RSNA 2009 4Siemens Introduces Its New Power Couple at RSNA 2009 5Siemens Introduces Its New Power Couple at RSNA 2009 6Siemens Introduces Its New Power Couple at RSNA 2009 7Varian Medical Systems to Highlight the Latest Digital Detectors, X-ray Tubes and Cancer Treatment Technology at the Radiological Society of North America (RSNA) Annual Meeting in Chicago 2More than just the tailpipe 8738 1More than just the tailpipe 8738 2Bacteria from the deep can clean up heavy metals 12500 1Death rates same for diabetes and heart disease patients receiving drug therapy or surgery 48111 1Death rates same for diabetes and heart disease patients receiving drug therapy or surgery 48111 2
...E: LLY ) has submitted a supplemental New Drug Ap...tration (FDA) seeking approval for a new,indicatio...ent of chronic,pain, the company announced today. ...ials in chronic osteoarthritis pain of the knee an...previously completed pain studies in,diabetic peri...
...ccessfully placed in three patient...May 29 Three patients with established,cardiac is... vProtect,Luminal Shield, a self-expanding intraco...y that typically occurs when stents are deployed. ...ort for the vessel to ensure that,the target coron...
Other Medicine Technology:Lilly Submits Cymbalta(R) Supplemental New Drug Application for Chronic Pain to U.S. Food and Drug Administration 2Lilly Submits Cymbalta(R) Supplemental New Drug Application for Chronic Pain to U.S. Food and Drug Administration 3Prescient Medical, Inc. Achieves Successful Clinical Debut of vProtect(TM) Luminal Shield 2
...ratory and a worldwide leader in innovative labora...nsive test menu of highly complex and unique medic... by the University of Utah, ARUP Laboratories' cli...sity teaching hospitals and children's hospitals, ...
...ratory and a worldwide leader in innovative labora...nsive test menu of highly complex and unique medic... by the University of Utah, ARUP Laboratories' cli...sity teaching hospitals and children's hospitals, ...
...ratory and a worldwide leader in innovative labora...nsive test menu of highly complex and unique medic... by the University of Utah, ARUP Laboratories' cli...sity teaching hospitals and children's hospitals, ...
...ratory and a worldwide leader in innovative labora...nsive test menu of highly complex and unique medic... by the University of Utah, ARUP Laboratories' cli...sity teaching hospitals and children's hospitals, ...
Medicine Products: