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Sales declined in both the Research Models and Services (RMS) and Preclinical Services (PCS) segments, reflecting the negative impact of foreign exchange, as well as softer market demand.
August 5, 2009
By: Tim Wright
Editor-in-Chief, Contract Pharma
Charles River Laboratories 2Q Revenues: $308.2 million (-13%) 2Q Earnings: $34.2 million (-30%) FY Revenues: $609.7 million (-12%) FY Earnings: $59.6 million (-36%) Comments: Sales declined in both the Research Models and Services (RMS) and Preclinical Services (PCS) segments, reflecting the negative impact of foreign exchange, as well as softer market demand. RMS sales were $165.7 million in the quarter (-4%) and PCS segment sales were $142.5 million (-21%). Sign up today for Contracting & Outsourcing 2009!
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