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Article: WARNER-LAMBERT REPORTS FOURTH-QUARTER, FULL-YEAR SALES AND EARNINGS
- Article from:
- PR Newswire
- Article date:
- January 23, 1996
CopyrightCOPYRIGHT 1996 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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(NYSE: WLA) today reported worldwide sales for the three months ended December 31, 1995, increased 8 percent -- 10 percent at constant foreign exchange rates -- to a record $1.86 billion. Sales for the fourth quarter of 1994 were $1.72 billion.
As expected, earnings per share during the fourth quarter of 1995 decreased 11 percent to 91 cents, compared with $1.02 during the same period a year earlier. For the fourth quarter profit before tax decreased 8 percent to $166 million and net income decreased 11 percent to $123 million.
This is compared with profit before tax of $181 million and net income of $138 million in the same period one year ago.
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