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Young Innovations, Inc. Announces Results for 4th Quarter and the Year and Declares Dividend
Date:2/4/2009

rated digital panoramic X-ray unit that complements the existing film-based units in the diagnostic line. The homecare product line expanded its offering of flavored examination gloves and pre-pasted toothbrushes and the endodontic product line launched an improved obturation device. We expect to launch a number of new products in 2009. We also continued to improve operating efficiencies by completing four facility consolidations over the course of the year in addition to the six consolidations completed during 2007.

Overall, we were pleased with the results posted by our consumable product lines. We believe that our diagnostic product line will continue to be challenged during the on-going period of economic uncertainty. Accordingly, we have taken aggressive steps to appropriately reduce the cost structure used to support the product line. Despite the challenges in the diagnostic product line we are cautiously optimistic about the prospects for our consumable product lines. We are continually evaluating the appropriate actions to manage our business through a challenging economic time and remain confident in our ability to do so. We currently believe that the operating efficiencies we have implemented, including the recent facility consolidations, have the Company well positioned to adapt to the current environment. We currently expect these operating efficiencies to strengthen our 2009 gross and operating margins compared to full-year 2008 results. We expect the 2009 effective tax rate to be in the 35% to 36% range.

The Company also announced that the Board of Directors declared a quarterly dividend of $0.04 per share, payable by the Company on March 13, 2009 to the holders of record on February 13, 2009.

A conference call has been scheduled for Thursday, February 5, 2009 at 11:00 a.m. Central Time and can be accessed through InterCall at

SOURCE Young Innovations, Inc.
Copyright©2009 PR Newswire.
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