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PCS sales up 6% in the quarter
May 2, 2013
By: Tim Wright
Editor-in-Chief, Contract Pharma
Charles River Laboratories 1Q Revenues: $291.2 million (+2%) 1Q Earnings: $25.8 million (-3%) Comments: Research Models and Services (RMS) sales were flat at $182.5 million in the quarter. Excluding foreign exchange, RMS sales increased 1%. Preclinical Services (PCS) sales were $108.7 million, up 6%, driven by increased sales to large biopharma and mid-tier clients, primarily as a result of continued market share gains.
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