Sterigenics is a provider of high quality contract sterilization services, including the operation, design and development of Gamma irradiation facilities. For the three months ended 6/30/97, increased 32% to $10.8 million. Net income increased 38% to $975 thousand. Results reflect the addition of the former RTI facilities and the increase in installed curies of Cobalt 60 in existing facilities. Earnings also reflect economies of scale. (Yahoo) Paine Webber brought it public in Aug. 97.
With all the publicity on food toxins, irradiation is one solution. This looks like an interesting microcap.
It is one of the stocks mentioned in the #1 Morningstar ranked Munder Microcap Fund.
They have a web site, www.sterigenics.com which is very informative.
JK |