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Foreign exchange impacts sales
August 8, 2012
By: Tim Wright
Editor-in-Chief, Contract Pharma
Charles River Laboratories 2Q Revenues: $284.7 million (-1%) 2Q Earnings: $30.6 million (-6%) YTD Revenues: $570.7 million (flat) YTD Earnings: $57.1 million (-11%) Comments: Research Models and Services sales were $173.6 million in quarter (-3%). Foreign exchange impacted sales by 3.8%. Preclinical Services sales were $111.1 million (+1%). Foreign currency exchange reduced sales by 2.1%.
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