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Article: Sybron International Announces Record Quarter for Sales and Net Income.
- Article from:
- PR Newswire
- Article date:
- January 24, 2000
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MILWAUKEE, Jan. 24 /PRNewswire/ -- Sybron International Corporation (NYSE: SYB) announced today its financial results for the first quarter of fiscal 2000, the quarter ended December 31, 1999.
First Quarter Financial Results
Results for the quarter as presented here exclude the fiscal 1999 special charges described below.
Sybron had net income from continuing operations of $30.4 million for the first quarter of 2000, up 21.6 percent from the like period a year ago.
Net sales for the first quarter totaled $298.2 million, compared to $248.3 million for the first quarter of 1999, an increase of 20.1 percent.
Gross margins rose ...