neog - Neogen's E.Coli Test adopted by Japan Message Board

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Biotech / Medical : neog - Neogen's E.Coli Test adopted by Japan

NEOG 6.045

-1.9%

9:38 AM EST

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To: Rich Genik who wrote (349)	9/1/1999 11:16:00 PM
From: Kramer	Read Replies (1) of 441

Rich, the only clues I have are from the BioTrace annual report: North America - a healthy 39% growth overall, reagent growth was extremely encouraging at 48%... Turnover and profit on ordinary activities before taxation are derived from on class of business. An analysis of turnover by geographic destination follows: (1000's of British pounds) Europe 6431 Americas 3474 Rest 536 A pound is about a $1.50, so that's over $5.2 million dollars. I'm not much on British accounting so I'm guessing this is cash flow? Now your guess is as good as mine on how much that would mean to neog, but remember that Jim and Lon are very fussy about making a healthy profit on their deals; If we made a paltry 15% of that it would mean an extra 13 cents.

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