Sales of $16.5 Billion Increased 8.7% Versus a Year Ago; EPS was $1.17
Excluding 2008 Special Items, Second-Quarter EPS of $1.18 Increased 12.4%*
NEW BRUNSWICK, N.J., July 15 /PRNewswire-FirstCall/ -- Johnson &
Johnson today announced record sales of $16.5 billion for the second
quarter of 2008, an increase of 8.7% as compared to the second quarter of
2007. Operational growth was 3.1% and the positive impact of currency was
5.6%. Domestic sales were up 2.1%, while international sales increased
16.2%, reflecting operational growth of 4.3% and a positive currency impact
of 11.9%.
Net earnings and diluted earnings per share for the second quarter of
2008 were $3.3 billion and $1.17, respectively. The second quarter of 2008
included an after-tax in-process research and development charge of $40
million associated with the acquisition of Amic, a developer of in vitro
diagnostic technologies for use in Point-of-Care and near-patient settings.
Excluding this charge, net earnings for the quarter of $3.4 billion and
diluted earnings per share of $1.18 represent increases of 9.3% and 12.4 %,
respectively, as compared to the same period in 2007.* The Company
increased its earnings guidance for full-year 2008 to $4.45 - $4.50 per
share, which does not include the impact of any in-process research and
development charges or other special items.
"Our solid earnings this quarter build on our strong track record of
performance," said William C. Weldon, Chairman and Chief Executive Officer.
"We are successfully managing through short-term pressures while
continually making progress to enhance our long-term growth."
Worldwide Medical Devices and Diagnostics sales of $6.1 billion for the
second quarter represented a 12.1% increase over the prior year with
operational growth of 5.7% and a positive impact from currency of 6.4%.
Domestic sales increased 4.0%, while international sales increased 19.7%;
7.3% from operations and 12.4% from currency.
Primary contributors to the operational growth included Ethicon
Endo-Surgery's minimally invasive products; DePuy's orthopaedic joint
reconstruction, sports medicine and trauma businesses; Ethicon's surgical
care products; Vistakon's disposable contact lenses; and Diabetes Care's
blood glucose monitoring and insulin delivery products.
On July 1, 2008, the Company announced it received clearance of its
ONETOUCH PING Glucose Management System by the U.S. Food and Drug
Administration (FDA), the first full-feature insulin pump that wirelessly
communicates with a blood glucose meter-remote.
Worldwide Consumer sales of $4.0 billion for the second quarter
represented a 13.2% increase over the prior year with operational growth of
6.8% and a positive impact from currency of 6.4%. Domestic sales increased
8.5%, while international sales increased 17.0%; 5.6% from operations and
11.4% from currency.
Sales results reflect the strong performance of the U.S. launch of
ZYRTEC, an over-the-counter allergy treatment; LISTERINE antiseptic
mouthrinse and whitening products; Baby Care products; and the skin care
lines of NEUTROGENA, CLEAN & CLEAR, and AVEENO.
During the quarter, the Company received FDA approval of EVOLENCE, a
new advanced collagen-based structural dermal filler for the correction of
moderate to deep facial wrinkles and folds.
Worldwide Pharmaceutical sales of $6.3 billion for the second quarter
represented an increase over the prior year of 3.1% with an operational
decline of 1.3% and a positive impact from currency of 4.4%. Domestic sales
decreased 1.7%, while international sales increased 11.3%, which reflected
an operational decline of 0.6% and a positive currency impact of 11.9%.
Sales growth reflects the strong performance of TOPAMAX, an
antiepileptic and a treatment for the prevention of migraine headaches;
VELCADE, a treatment for multiple myeloma; RISPERDAL CONSTA, an
antipsychotic medication; and REMICADE in the U.S., a biologic approved for
the treatment of a number of immune mediated inflammatory diseases.
Growth was negatively impacted by lower sales of PROCRIT, a product for
the treatment of anemia, due to a decline in the market. Sales results of
RISPERDAL Oral, an antipsychotic medication, were negatively impacted by
generic competition outside the U.S. and slowing sales ahead of the loss of
marketing exclusivity on June 29, 2008, in the U.S. On June 30, 2008, the
Company announced the launch of an authorized generic version of RISPERDAL
Oral.
During the quarter, the Company announced that it received FDA approval
of its Supplemental New Drug Application (sNDA) for CONCERTA, for the
treatment of Attention Deficit Hyperactivity Disorder in adults. In
addition, the Company submitted a Biologics License Application to the FDA
requesting the approval of golimumab (CNTO 148) as a monthly subcutaneous
treatment for adults with active forms of rheumatoid arthritis, psoriatic
arthritis and ankylosing spondylitis. The Company also filed an sNDA
requesting pediatric exclusivity for TOPAMAX.
About Johnson & Johnson
Caring for the world, one person at a time ... inspires and unites the
people of Johnson & Johnson. We embrace research and science - bringing
innovative ideas, products and services to advance the health and
well-being of people. Our 120,200 employees at more than 250 Johnson &
Johnson companies work with partners in health care to touch the lives of
over a billion people every day, throughout the world.
* Net earnings and diluted earnings per share excluding special items,
such as after-tax in-process research and development charges, are non-GAAP
financial measures and should not be considered replacements for GAAP
results. For a reconciliation of these non-GAAP financial measures to the
most directly comparable GAAP financial measures, see the accompanying
tables to this release.
NOTE TO INVESTORS
Johnson & Johnson will conduct a conference call with financial
analysts to discuss this news release today at 8:30 a.m., Eastern Time. A
simultaneous webcast of the call for investors and other interested parties
may be accessed by visiting the Johnson & Johnson website at
http://www.investor.jnj.com. A replay and podcast will be available approximately
two hours after the live webcast by visiting http://www.investor.jnj.com.
Copies of the financial schedules accompanying this press release are
available at http://www.investor.jnj.com/historical-sales.cfm. The schedules
include supplementary sales data, a condensed consolidated statement of
earnings, and sales of key products/franchises. Additional information on
Johnson & Johnson can be found on the Company's website at http://www.jnj.com.
(This press release contains "forward-looking statements" as defined in
the Private Securities Litigation Reform Act of 1995. These statements are
based on current expectations of future events. If underlying assumptions
prove inaccurate or unknown risks or uncertainties materialize, actual
results could vary materially from Johnson & Johnson's expectations and
projections. Risks and uncertainties include general industry conditions
and competition; economic conditions, such as interest rate and currency
exchange rate fluctuations; technological advances and patents attained by
competitors; challenges inherent in new product development, including
obtaining regulatory approvals; domestic and foreign health care reforms
and governmental laws and regulations; and trends toward health care cost
containment. A further list and description of these risks, uncertainties
and other factors can be found in Exhibit 99 of the Company's Annual Report
on Form 10-K for the fiscal year ended December 30, 2007. Copies of this
Form 10-K, as well as subsequent filings, are available online at
http://www.sec.gov, http://www.jnj.com or on request from Johnson & Johnson. Johnson &
Johnson does not undertake to update any forward-looking statements as a
result of new information or future events or developments.)
Johnson & Johnson and Subsidiaries
Supplementary Sales Data
(Unaudited; Dollars in Millions)
SECOND QUARTER
Percent Change
2008 2007 Total Operations Currency
Sales to customers by
segment of business
Consumer
U.S. $1,694 1,562 8.5% 8.5 -
International 2,342 2,002 17.0 5.6 11.4
4,036 3,564 13.2 6.8 6.4
Pharmaceutical
U.S. 3,793 3,860 (1.7) (1.7) -
International 2,547 2,289 11.3 (0.6) 11.9
6,340 6,149 3.1 (1.3) 4.4
Med Devices & Diagnostics
U.S. 2,723 2,619 4.0 4.0 -
International 3,351 2,799 19.7 7.3 12.4
6,074 5,418 12.1 5.7 6.4
U.S. 8,210 8,041 2.1 2.1 -
International 8,240 7,090 16.2 4.3 11.9
Worldwide $16,450 15,131 8.7% 3.1 5.6
(Unaudited; Dollars in Millions)
SIX MONTHS
Percent Change
2008 2007 Total Operations Currency
Sales to customers by
segment of business
Consumer
U.S. 3,513 3,191 10.1% 10.1 -
International 4,587 3,869 18.6 7.0 11.6
8,100 7,060 14.7 8.3 6.4
Pharmaceutical
U.S. 7,863 7,894 (0.4) (0.4) -
International 4,906 4,476 9.6 (1.8) 11.4
12,769 12,370 3.2 (0.9) 4.1
Med Devices & Diagnostics
U.S. 5,311 5,203 2.1 2.1 -
International 6,464 5,535 16.8 5.0 11.8
11,775 10,738 9.7 3.6 6.1
U.S. 16,687 16,288 2.4 2.4 -
International 15,957 13,880 15.0 3.4 11.6
Worldwide $32,644 30,168 8.2% 2.8 5.4
Johnson & Johnson and Subsidiaries
Supplementary Sales Data
(Unaudited; Dollars in Millions) SECOND QUARTER
Percent Change
2008 2007 Total Operations Currency
Sales to customers by
geographic area
U.S. $8,210 8,041 2.1% 2.1 -
Europe 4,547 3,907 16.4 2.4 14.0
Western Hemisphere
excluding U.S. 1,280 1,131 13.2 3.3 9.9
Asia-Pacific, Africa 2,413 2,052 17.6 8.5 9.1
International 8,240 7,090 16.2 4.3 11.9
Worldwide $16,450 15,131 8.7% 3.1 5.6
(Unaudited; Dollars in Millions) SIX MONTHS
Percent Change
2008 2007 Total Operations Currency
Sales to customers by
geographic area
U.S. $16,687 16,288 2.4% 2.4 -
Europe 8,855 7,720 14.7 1.6 13.1
Western Hemisphere
excluding U.S. 2,525 2,177 16.0 4.7 11.3
Asia-Pacific, Africa 4,577 3,983 14.9 5.9 9.0
International 15,957 13,880 15.0 3.4 11.6
Worldwide $32,644 30,168 8.2% 2.8 5.4
Johnson & Johnson and Subsidiaries
Condensed Consolidated Statement of Earnings
(Unaudited; in Millions Except
Per Share Figures) SECOND QUARTER
2008 2007 Percent
Percent Percent Increase
Amount to Sales Amount to Sales (Decrease)
Sales to customers $16,450 100.0 $15,131 100.0 8.7
Cost of products
sold 4,751 28.9 4,358 28.8 9.0
Selling, marketing
and administrative
expenses 5,507 33.5 5,029 33.3 9.5
Research expense 1,896 11.5 1,866 12.3 1.6
In-process research
& development 40 0.2 - -
Interest (income)
expense, net 16 0.1 (36) (0.2)
Other (income)
expense, net (135) (0.8) (117) (0.8)
Earnings before
provision for taxes
on income 4,375 26.6 4,031 26.6 8.5
Provision for taxes
on income 1,048 6.4 950 6.2 10.3
Net earnings $3,327 20.2 $3,081 20.4 8.0
Net earnings per
share (Diluted) $1.17 $1.05 11.4
Average shares
outstanding
(Diluted) 2,844.8 2,922.5
Effective tax rate 24.0% 23.6%
Adjusted earnings
before provision
for taxes and net
earnings
Earnings before
provision for
taxes on income $4,415(1) 26.8 $4,031 26.6 9.5
Net earnings $3,367(1) 20.5 $3,081 20.4 9.3
Net earnings per
share (Diluted) $1.18(1) $1.05 12.4
Effective tax
rate 23.7% 23.6%
(1) The difference between as reported earnings before provision for taxes
on income and net earnings and net earnings per share (diluted) is IPR&D
of $40 million with no tax benefit and $0.01 per share, respectively.
Johnson & Johnson and Subsidiaries
Condensed Consolidated Statement of Earnings
(Unaudited; in Millions
Except Per Share Figures) SIX MONTHS
2008 2007 Percent
Percent Percent Increase
Amount to Sales Amount to Sales (Decrease)
Sales to customers $32,644 100.0 $30,168 100.0 8.2
Cost of products
sold 9,365 28.7 8,743 29.0 7.1
Selling, marketing and
administrative
expenses 10,630 32.6 9,831 32.5 8.1
Research expense 3,608 11.1 3,518 11.7 2.6
In-process research
& development 40 0.1 807 2.7
Interest (income)
expense, net 32 0.1 (69) (0.2)
Other (income)
expense, net (153) (0.5) (345) (1.1)
Earnings before
provision for taxes
on income 9,122 27.9 7,683 25.4 18.7
Provision for taxes
on income 2,197 6.7 2,029 6.7 8.3
Net earnings $6,925 21.2 $5,654 18.7 22.5
Net earnings per
share (Diluted) $2.43 $1.93 25.9
Average shares
outstanding
(Diluted) 2,856.1 2,924.9
Effective tax rate 24.1% 26.4%
Adjusted earnings
before provision for
taxes and net earnings
Earnings before
provision for taxes
on income $9,162(1) 28.1 $8,490(2) 28.1 7.9
Net earnings $6,965(1) 21.3 $6,461(2) 21.4 7.8
Net earnings per
share (Diluted) $2.44(1) $2.21(2) 10.4
Effective tax rate 24.0% 23.9%
(1) The difference between as reported earnings before provision for taxes
on income and net earnings and net earnings per share (diluted) is IPR&D
of $40 million with no tax benefit and $0.01 per share, respectively.
(2) The difference between as reported earnings before provision for taxes
on income and net earnings and net earnings per share (diluted) is IPR&D
of $807 million with no tax benefit and $0.28 per share, respectively.
REPORTED SALES vs. PRIOR PERIOD
$MM
SECOND QUARTER
% Change
2008 2007 Reported Operational (1) Currency
PHARMACEUTICAL
SEGMENT (2) (3)
ACIPHEX/PARIET
US 153 161 -5.0% -5.0% -
Intl 172 175 -1.7% -11.8% 10.1%
WW 325 336 -3.3% -8.6% 5.3%
CONCERTA
US 208 199 4.5% 4.5% -
Intl 71 57 24.6% 12.6% 12.0%
WW 279 256 9.0% 6.3% 2.7%
DURAGESIC/FENTANYL
TRANSDERMAL
US 70 96 -27.1% -27.1% -
Intl 202 192 5.2% -6.6% 11.8%
WW 272 288 -5.6% -13.5% 7.9%
LEVAQUIN/FLOXIN
US 330 344 -4.1% -4.1% -
Intl 21 20 5.0% -0.2% 5.2%
WW 351 364 -3.6% -3.9% 0.3%
PROCRIT/EXPREX
US 346 449 -22.9% -22.9% -
Intl 306 309 -1.0% -12.7% 11.7%
WW 652 758 -14.0% -18.8% 4.8%
RAZADYNE/REMINYL
US 42 51 -17.6% -17.6% -
Intl 110 81 35.8% 19.7% 16.1%
WW 152 132 15.2% 5.4% 9.8%
REMICADE
US 684 625 9.4% 9.4% -
US Exports (4) 200 244 -18.0% -18.0% -
Intl 2 - 100.0% 100.0% -
WW 886 869 2.0% 2.0% -
RISPERDAL
US 492 540 -8.9% -8.9% -
Intl 220 308 -28.6% -36.6% 8.0%
WW 712 848 -16.0% -18.9% 2.9%
RISPERDAL CONSTA
US 120 102 17.6% 17.6% -
Intl 223 176 26.7% 12.2% 14.5%
WW 343 278 23.4% 14.2% 9.2%
TOPAMAX
US 548 472 16.1% 16.1% -
Intl 129 106 21.7% 9.3% 12.4%
WW 677 578 17.1% 14.8% 2.3%
VELCADE
US 1 1 - - -
Intl 204 125 63.2% 47.0% 16.2%
WW 205 126 62.7% 46.8% 15.9%
OTHER
US 599 576 4.0% 4.0% -
Intl 887 740 19.9% 5.0% 14.9%
WW 1,486 1,316 12.9% 4.5% 8.4%
TOTAL PHARMACEUTICAL
US 3,793 3,860 -1.7% -1.7% -
Intl 2,547 2,289 11.3% -0.6% 11.9%
WW 6,340 6,149 3.1% -1.3% 4.4%
SIX MONTHS
% Change
2008 2007 Reported Operational (1) Currency
PHARMACEUTICAL
SEGMENT (2) (3)
ACIPHEX/PARIET
US 269 320 -15.9% -15.9% -
Intl 333 352 -5.4% -15.7% 10.3%
WW 602 672 -10.4% -15.8% 5.4%
CONCERTA
US 432 399 8.3% 8.3% -
Intl 137 109 25.7% 13.7% 12.0%
WW 569 508 12.0% 9.4% 2.6%
DURAGESIC/FENTANYL
TRANSDERMAL
US 145 212 -31.6% -31.6% -
Intl 360 379 -5.0% -15.3% 10.3%
WW 505 591 -14.6% -21.2% 6.6%
LEVAQUIN/FLOXIN
US 804 803 0.1% 0.1% -
Intl 43 40 7.5% 2.0% 5.5%
WW 847 843 0.5% 0.2% 0.3%
PROCRIT/EXPREX
US 680 979 -30.5% -30.5% -
Intl 601 596 0.8% -11.1% 11.9%
WW 1,281 1,575 -18.7% -23.2% 4.5%
RAZADYNE/REMINYL
US 92 102 -9.8% -9.8% -
Intl 209 158 32.3% 16.8% 15.5%
WW 301 260 15.8% 6.4% 9.4%
REMICADE
US 1,360 1,225 11.0% 11.0% -
US Exports (4) 520 375 38.7% 38.7% -
Intl 4 - 100.0% 100.0% -
WW 1,884 1,600 17.8% 17.8% -
RISPERDAL
US 1,074 1,099 -2.3% -2.3% -
Intl 447 616 -27.4% -35.1% 7.7%
WW 1,521 1,715 -11.3% -14.1% 2.8%
RISPERDAL CONSTA
US 221 203 8.9% 8.9% -
Intl 431 336 28.3% 13.9% 14.4%
WW 652 539 21.0% 12.0% 9.0%
TOPAMAX
US 1,068 973 9.8% 9.8% -
Intl 255 215 18.6% 6.7% 11.9%
WW 1,323 1,188 11.4% 9.3% 2.1%
VELCADE
US 3 3 - - -
Intl 386 236 63.6% 48.4% 15.2%
WW 389 239 62.8% 47.8% 15.0%
OTHER
US 1,195 1,201 -0.5% -0.5% -
Intl 1,700 1,439 18.1% 3.8% 14.3%
WW 2,895 2,640 9.7% 1.9% 7.8%
TOTAL PHARMACEUTICAL
US 7,863 7,894 -0.4% -0.4% -
Intl 4,906 4,476 9.6% -1.8% 11.4%
WW 12,769 12,370 3.2% -0.9% 4.1%
(1) Operational growth excludes the effect of currency
(2) Select areas (unaudited)
(3) Prior year amounts have been reclassified to conform with current
presentation
(4) For external purposes, reported as U.S. sales
SECOND QUARTER
% Change
2008 2007 Reported Operational (1) Currency
MEDICAL DEVICES AND
DIAGNOSTICS (2) (3)
CORDIS (4)
US 348 397 -12.3% -12.3% -
Intl 504 455 10.8% -1.1% 11.9%
WW 852 852 0.0% -6.4% 6.4%
DEPUY
US 702 663 5.9% 5.9% -
Intl 587 472 24.4% 12.2% 12.2%
WW 1,289 1,135 13.6% 8.5% 5.1%
DIABETES CARE
US 338 310 9.0% 9.0% -
Intl 336 286 17.5% 4.1% 13.4%
WW 674 596 13.1% 6.7% 6.4%
ETHICON (5)
US 374 351 6.6% 6.6% -
Intl 646 553 16.8% 5.1% 11.7%
WW 1,020 904 12.8% 5.7% 7.1%
ETHICON ENDO-SURGERY
US 484 454 6.6% 6.6% -
Intl 640 503 27.2% 13.4% 13.8%
WW 1,124 957 17.5% 10.4% 7.1%
ORTHO-CLINICAL
DIAGNOSTICS (5)
US 250 231 8.2% 8.2% -
Intl 226 190 18.9% 6.3% 12.6%
WW 476 421 13.1% 7.4% 5.7%
VISION CARE
US 227 213 6.6% 6.6% -
Intl 412 340 21.2% 9.5% 11.7%
WW 639 553 15.6% 8.4% 7.2%
TOTAL MEDICAL
DEVICES AND
DIAGNOSTICS
US 2,723 2,619 4.0% 4.0% -
Intl 3,351 2,799 19.7% 7.3% 12.4%
WW 6,074 5,418 12.1% 5.7% 6.4%
SIX MONTHS
% Change
2008 2007 Reported Operational (1) Currency
MEDICAL DEVICES
AND DIAGNOSTICS (2) (3)
CORDIS (4)
US 705 821 -14.1% -14.1% -
Intl 982 959 2.4% -8.3% 10.7%
WW 1,687 1,780 -5.2% -11.0% 5.8%
DEPUY
US 1,396 1,341 4.1% 4.1% -
Intl 1,146 951 20.5% 8.8% 11.7%
WW 2,542 2,292 10.9% 6.1% 4.8%
DIABETES CARE
US 641 602 6.5% 6.5% -
Intl 648 543 19.3% 5.9% 13.4%
WW 1,289 1,145 12.6% 6.2% 6.4%
ETHICON (5)
US 715 696 2.7% 2.7% -
Intl 1,250 1,082 15.5% 4.0% 11.5%
WW 1,965 1,778 10.5% 3.5% 7.0%
ETHICON ENDO-SURGERY
US 913 871 4.8% 4.8% -
Intl 1,214 977 24.3% 11.3% 13.0%
WW 2,127 1,848 15.1% 8.3% 6.8%
ORTHO-CLINICAL
DIAGNOSTICS (5)
US 488 464 5.2% 5.2% -
Intl 431 365 18.1% 5.8% 12.3%
WW 919 829 10.9% 5.5% 5.4%
VISION CARE
US 453 408 11.0% 11.0% -
Intl 793 658 20.5% 9.3% 11.2%
WW 1,246 1,066 16.9% 10.0% 6.9%
TOTAL MEDICAL DEVICES
AND DIAGNOSTICS
US 5,311 5,203 2.1% 2.1% -
Intl 6,464 5,535 16.8% 5.0% 11.8%
WW 11,775 10,738 9.7% 3.6% 6.1%
(1) Operational growth excludes the effect of currency
(2) Select areas (unaudited)
(3) Prior year amounts have been reclassified to conform with current
presentation
(4) Includes sales of Drug-Eluting Stents for Q2 2008 of $167, $227 and
$394 million Domestic, International and Worldwide respectively
Includes sales of Drug-Eluting Stents for Q2 2007 of $209, $234 and
$443 million Domestic, International and Worldwide respectively
Includes sales of Drug-Eluting Stents for June YTD 2008 of $336, $458
and $794 million Domestic, International and Worldwide respectively
Includes sales of Drug-Eluting Stents for June YTD 2007 of $445, $526
and $971 million Domestic, International and Worldwide respectively
(5) Restated to include portion of sales previously reported in the
"Other" category
SECOND QUARTER
% Change
2008 2007 Reported Operational (1) Currency
CONSUMER SEGMENT (2)
SKIN CARE
US 379 338 12.1% 12.1% -
Intl 460 419 9.8% -1.1% 10.9%
WW 839 757 10.8% 4.7% 6.1%
BABY CARE
US 111 106 4.7% 4.7% -
Intl 461 381 21.0% 10.5% 10.5%
WW 572 487 17.5% 9.3% 8.2%
ORAL CARE
US 185 186 -0.5% -0.5% -
Intl 223 168 32.7% 20.8% 11.9%
WW 408 354 15.3% 9.7% 5.6%
OTC/NUTRITIONALS
US 679 584 16.3% 16.3% -
Intl 726 622 16.7% 5.1% 11.6%
WW 1,405 1,206 16.5% 10.5% 6.0%
WOMEN'S HEALTH
US 158 163 -3.1% -3.1% -
Intl 346 300 15.3% 3.3% 12.0%
WW 504 463 8.9% 1.1% 7.8%
WOUND CARE / OTHER
US 182 185 -1.6% -1.6% -
Intl 126 112 12.5% 0.6% 11.9%
WW 308 297 3.7% -0.8% 4.5%
TOTAL CONSUMER
US 1,694 1,562 8.5% 8.5% -
Intl 2,342 2,002 17.0% 5.6% 11.4%
WW 4,036 3,564 13.2% 6.8% 6.4%
SIX MONTHS
% Change
2008 2007 Reported Operational (1) Currency
CONSUMER SEGMENT (2)
SKIN CARE
US 761 695 9.5% 9.5% -
Intl 918 826 11.1% 0.1% 11.0%
WW 1,679 1,521 10.4% 4.4% 6.0%
BABY CARE
US 226 215 5.1% 5.1% -
Intl 879 719 22.3% 11.7% 10.6%
WW 1,105 934 18.3% 10.1% 8.2%
ORAL CARE
US 384 389 -1.3% -1.3% -
Intl 410 324 26.5% 15.3% 11.2%
WW 794 713 11.4% 6.3% 5.1%
OTC/NUTRITIONALS
US 1,521 1,239 22.8% 22.8% -
Intl 1,478 1,224 20.8% 8.4% 12.4%
WW 2,999 2,463 21.8% 15.7% 6.1%
WOMEN'S HEALTH
US 306 326 -6.1% -6.1% -
Intl 659 558 18.1% 5.9% 12.2%
WW 965 884 9.2% 1.5% 7.7%
WOUND CARE / OTHER
US 315 327 -3.7% -3.7% -
Intl 243 218 11.5% -0.3% 11.8%
WW 558 545 2.4% -2.3% 4.7%
TOTAL CONSUMER
US 3,513 3,191 10.1% 10.1% -
Intl 4,587 3,869 18.6% 7.0% 11.6%
WW 8,100 7,060 14.7% 8.3% 6.4%
(1) Operational growth excludes the effect of currency
(2) Select areas (unaudited)
SOURCE Johnson & Johnson
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