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January 26, 2006
By: Tim Wright
Editor-in-Chief, Contract Pharma
2Q Revenues: $19.9 billion (+7%) 2Q Earnings: $304 million (+42%) YTD Revenues: $39.3 billion (+8%) YTD Earnings: $532.3 million (+24%) Comments: Increase in revenue was driven by an 8% increase in pharmaceutical distribution revenue to $16.2 billion. Operating earnings grew 48% to $484.4 million in the quarter and selling, general and administrative expenses were up 14% to $796.7 million.
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