Please wait while we load the requested 10-K report or click the link below:
https://last10k.com/sec-filings/report/90185/000119312507041029/d10k.htm
November 2015
November 2015
November 2015
November 2015
November 2015
October 2015
July 2015
July 2015
June 2015
May 2015
Exhibit 99.1
From: | David R. Harvey, Chairman Jai P. Nagarkatti, President and CEO |
For questions, contact: Kirk A. Richter, Treasurer (314) 286-8004 |
FOR IMMEDIATE RELEASE
February 13, 2007
SIGMA-ALDRICH (NASDAQ: SIAL) Q4 2006 SALES INCREASE 13.2%.
DILUTED EPS UP 26.2% TO $.53. 2007 DILUTED EPS FORECAST SET AT $2.15 TO $2.25.
HIGHLIGHTS:
Impact of Stock Dividend:
| All per share and share data in this release reflect the 100% stock dividend declared in November 2006 and effective in January 2007. |
Sales, Income and EPS Results:
| Q4 2006 sales grew 13.2% to a record $464.5 million, boosting full year 2006 sales by 7.9% to $1.8 billion. Q4 and full year 2006 organic sales growth reached 8.9% and 6.4%, respectively. Quarterly and year-to-date comparisons and a reconciliation of reported to adjusted sales growth can be found on page 10 of this release. |
| Operating and pretax income margins for Q4 2006 of 21.4% and 20.1%, respectively, and full year 2006 operating and pretax margins of 22.4% and 21.1%, respectively, all represented improved performance from comparable period 2005 results. |
| Reported and proforma increases in Q4 2006 diluted EPS were 26.2% and 17.8%, respectively, with reported and pro forma diluted EPS increases for full year 2006 of 9.0% and 12.5%, respectively. Q4 2006 diluted EPS of $.53 included a lower level of international taxes and a $.02 tax benefit from the retroactive reinstatement of the R&D tax credit in the United States, reducing the Companys Q4 2006 effective tax rate from previous guidance. Full year diluted EPS of $2.05 exceeded October 2006 guidance due to improved sales performance in Q4 and the Q4 2006 tax benefits. Quarterly and year-to-date comparisons and a reconciliation of proforma to reported diluted EPS can be found on page 11 of this release. |
Outlook
| Management expects to meet the Companys 7% long-term organic sales growth goal for 2007 and anticipates an additional contribution of approximately 2% from the recent acquisition of Epichem Group. If currency exchange rates remain at 12-31-06 levels, reported sales growth for 2007 could increase another 2%. Ongoing efforts to pursue other desirable acquisition candidates are expected to enhance this growth. |
| Based on those anticipated sales results and an effective tax rate of 30-31%, management estimates full year diluted EPS in the range of $2.15 to $2.25 for 2007, with the Epichem Group acquisition expected to be neutral to mildly accretive to 2007 earnings. |
1
Please wait while we load the requested 10-K report or click the link below:
https://last10k.com/sec-filings/report/90185/000119312507041029/d10k.htm
Compare this 10-K Annual Report to its predecessor by reading our highlights to see what text and tables were removed , added and changed by Sigma Aldrich Corp.
Sigma Aldrich Corp's Definitive Proxy Statement (Form DEF 14A) filed after their 2007 10-K Annual Report includes:
Material Contracts, Statements, Certifications & more
Sigma Aldrich Corp provided additional information to their SEC Filing as exhibits
Ticker: SIAL
CIK: 90185
Form Type: 10-K Annual Report
Accession Number: 0001193125-07-041029
Submitted to the SEC: Tue Feb 27 2007 4:06:35 PM EST
Accepted by the SEC: Tue Feb 27 2007
Period: Sunday, December 31, 2006
Industry: Wholesale Chemicals And Allied Products