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Warner Chilcott Reports Operating Results for the Quarter Ended June 30, 2009 and Updates 2009 Full Year Guidance
Date:8/7/2009

$18.2 $27.5 Selling & distribution 43.2 46.6 General, administrative & other 38.4 28.2 Total SG&A $99.8 $102.3 WARNER CHILCOTT LIMITED 2009 Full Year Financial Guidance (U.S. dollars in millions, except per share amounts) Prior Guidance Revised Guidance May 2009 August 2009 Total Revenue (1) $1,015 to $1,025 $1,015 to $1,025 Gross margin as a % of total revenue 79% to 80% 80% to 81% SG&A Expenses: A&P $41 to $44 $38 to $41 Selling & Distribution $84 to $87 $84 to $87 G&A $78 to $81 $81 to $84 Total SG&A Expenses (2) $203 to $212 $203 to $212 Total R&D (3) $77 to $80 $72 to $75 GAAP Net Income (4) $174 to $186 $186 to $199 CNI (5) $390 to $402 $402 to $415 CNI per share (5) (6) $1.55 to $1.60 $1.60 to $1.65 (1) Our 2009 guidance does not account for the impact of any future new licensing agreements. (2) Total SG&A expenses do not include any amount that may be payable in connection with the potential settlement of our outstanding legal actions. (3) Total 2009 R&D expense consists of internal R&D anticipated to be in the range of $57.5 to $60.5 million. Included in total 2009 R&D expense are $11.5 million of milestone payments expensed during the six months en
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SOURCE Warner Chilcott Limited
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