Pharma Investments, Ventures & Law Weekly
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Johnson & Johnson
Johnson & Johnson Reports Full-Year and Fourth-Quarter 2008 Results
February 8th, 2009
Johnson & Johnson announced sales for the year 2008 of $63.7 billion, an increase of 4.3% over 2007. Operational growth was 1.9% with currency contributing 2.4%. Domestic sales decreased 0.4%, while international sales increased 9.7%, reflecting operational growth of 4.6% and a positive currency impact of 5.1%. Worldwide sales in the fourth quarter of 2008 were $15.2 billion, a decrease of 4.9% as compared to the fourth quarter of 2007. Operational results declined 1.0% and the negative impact of currency was 3.9%. Domestic sales decreased 6.9%, while international sales decreased 2.7%, reflecting operational growth of 5.4% and a negative currency impact of 8.1%. Net...
Source: Pharma Investments, Ventures & Law Weekly (2009-02-08)
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