Across the board in Bio supplies.
AOT-Commenting on the financial results of the Company, Frank H. Jellinek, Jr., President and Chief Executive Officer of Apogent, said: "I am pleased to report that we are off to a good start for fiscal 2004. We are confident in our ability to grow our business both organically, as well as through acquisitions. The Company posted sales growth of 8.1% for the quarter. We achieved impressive organic sales growth of 6.6% in our Clinical Group, and improved organic growth of 1.7% in our Research Group. Within the Clinical Group, we saw particular strength in our immunodiagnostics and microbiology businesses. Growth in the Research Group was driven by low double-digit growth in some our life science consumable products. As outlined during our year-end conference call, we are continuing to pursue improvements in profitability through facility consolidations and other efficiency opportunities. The results for the quarter are in line with our expectations, and we continue to feel confident about the execution of our plans for this year and beyond."
TMO-Revenue growth at Thermo Electron came from the life and laboratory sciences division, which offset declining revenues at the company's other two divisions.
Life and laboratory science revenue increased 13% to $377 million. About eigth percentage points of that increase was a result of foreign exchange benefits.
SPW-notice the Fisher tie in-
SPX's Kendro Business Receives Top Supplier Award
PR Newswire ~ January 30, 2004 ~ 8:58 am EST
CHARLOTTE, N.C., Jan. 30 /PRNewswire-FirstCall/ -- SPX Corporation (NYSE: SPW) today announced that its Kendro Laboratory Products business has received the prestigious Top Supplier Award for 2003 from Fisher Scientific Company. The award was presented at Fisher's National Research Sales meeting in Pittsburgh, PA, last weekend.
Commenting on the award, Dennis Pope, President of Kendro Laboratory Products said, "This award is a testament to the efforts of the entire Kendro team and the support they provide to our key business partners. We appreciate Fisher's vote of confidence and we are proud to partner with them."
In addition to the top award, Kendro also received the "2003 Best New Products Introduction" honor for its accuSpin(R) tabletop centrifuge line. The award recognized Kendro for surpassing all other suppliers in the category with outstanding growth and launch effectiveness. The company's Sorvall(R) and accuSpin products also received one of six quality awards presented to suppliers who meet or exceed Fisher's stringent quality rating system.
Kendro Laboratory Products is a global leader in products and services for Life and Materials Science, Drug Discovery and Bioprocessing. With world- renowned brands including Revco(R), SORVALL(R), Lindberg/Blue M, Jewett(R), Harris(R) and Heraeus(R), Kendro designs, manufactures and markets a wide range of equipment for sample storage, preparation and processing. The company serves its customers through an extensive network of direct sales, distribution partners and service representatives in over 150 countries.
SPX Corporation is a global provider of technical products and systems, industrial products and services, flow technology and service solutions. The Internet address for SPX Corporation's home page is www.spx.com . |
