n and chief executive officer, commented, "Fiscal 2007
was the strongest revenue year in company history, reflecting positive
contributions of the six acquisitions during the fiscal year. Our gross
profit margins and operating cash flows expanded while selling, general and
administrative expenses increased as a result of the recent acquisitions.
During fiscal 2008, our focus will be on leveraging our growth to enhance
profitability and shareholder value while continuing to identify and
execute expansion opportunities. We will strive to manage controllable
expenses and gain consolidation synergies from the fiscal 2007 acquired
businesses. We remain committed to our business model and to growing
profitability and EBITDA despite the current economic and competitive
environment."
ABOUT NUTRACEUTICAL
We are an integrated manufacturer, marketer, distributor and retailer
of branded nutritional supplements and other natural products sold
primarily to and through domestic health and natural food stores.
Internationally, we market and distribute branded nutritional supplements
and other natural products to and through health and natural product
distributors and retailers. Our core business strategy is to acquire,
integrate and operate, from beginning to end, the manufacturing, marketing
and distribution of branded nutritional supplement businesses in the
natural products industry. We believe that the consolidation and
integration of these acquired businesses provides ongoing financial
synergies through increased scale and market penetration, as well as
strengthened customer relationships.
We sell branded nutritional supplements and other natural products
under the trademarks Solaray(R), VegLife(R), KAL(R), Nature's Life(R),
Sunny Green(R), Action Labs(R), Natural Balance(R), NaturalMax(R),
bioAllers(R), Herbs for Kids(TM), Natra-Bio(R), NaturalCare(R), Zand(R),
Life-flo(R), Larenim(R), Living Flower Essences(R), Pioneer(R),
Thompson(R), Natural Sport(R),
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SOURCE Nutraceutical International Corporation Copyright©2007 PR Newswire. All rights reserved | |
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