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Financial Report: Pall 4Q

Life Sciences sales accounted for $335.4 million in the quarter, up 5%.

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By: Tim Wright

Editor-in-Chief, Contract Pharma

Pall 4Q

4Q Revenues: $678.6 million (+4%)

4Q Earnings: $55.0 million (-21%)

FY Revenues: $2.4 billion (+3%)

FY Earnings: $241.2 million (+23%)

Comments: Life Sciences sales accounted for $335.4 million in the quarter, up 5%. BioPharmaceuticals consumable sales in the pharmaceuticals submarket grew 9% in the quarter. Systems sales to pharmaceutical customers were up 10%. Medical sales in the blood filtration submarket grew 3%. Food & Beverage sales grew 8% with increases in both consumables and systems sales.

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