Markets :: Fine Chemicals/Biotech :: Pharmaceutical ingredients
Sigma-Aldrich Profits Rise 15% Driven by Custom Fine Chemicals
4:55 AM MST | February 20, 2012 | Alex Scott
Sigma-Aldrich has reported net income of $108 million for the fourth quarter of 2011, a 15% hike compared with the same period a year earlier. Corresponding sales increased 5% to $610 million. Organic sales for the group’s Research unit grew 1% during the quarter, with Sigma-Aldrich Fine Chemicals (SAFC), the group’s custom fine chemicals business, recording organic sales of $185 million, a 7% rise when compared with the same quarter one year earlier. SAFC’s full year 2011 sales of $728 million were 9% higher than the year earlier. SAFC...
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