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Markets :: Fine Chemicals/Biotech :: Industrial Biotech

Sigma-Aldrich's Earnings Decline

4:20 PM MDT | July 23, 2009 | Vincent Valk

Sigma-Aldrich reported second-quarter earnings of 68 cts/share, compared to 70 cts/share in the year-ago period. The company's earnings for the first six months of 2009 totaled $1.36/share, compared to $1.34/share for the first six months of 2008. Currency had a negative impact on sales for the quarter and the year, both of which showed increases with currency excluded. Sigma-Aldrich Fine Chemicals (SAFC) reported sales of $145.8 million for the second-quarter, a 14.4% drop from the year-ago period, or a 7.2% drop excluding currency impact. For the first half of...

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