Non-GAAP Financial Measures: The Company uses certain non-GAAP financial measures to supplement its GAAP disclosures. The Company does not, and does not suggest investors should, consider such non-GAAP financial measures in isolation from, or as a substitute for, GAAP financial information. These non-GAAP measures may not be consistent with the presentation by similar companies in the Company's industry. Whenever the Company uses such non-GAAP measures, it provides a reconciliation of such measures to the most closely applicable GAAP measure.
With over 60% of sales denominated in currencies other than the U.S.
dollar, management uses currency adjusted growth, and believes it is useful
to investors, to judge the Company's controllable, local currency
performance. Organic sales growth data presented in this release is
proforma data and excludes currency, and where indicated, acquisition
impacts. While we are able to report currency impacts after the fact, we
are unable to estimate changes that may occur in 2008 to applicable
exchange rates and are thus unable to reconcile the projected non-GAAP,
currency adjusted internal growth rates to reported GAAP growth rates for
the year 2008. Any significant changes in curre
|SOURCE Sigma-Aldrich Corporation|
Copyright©2008 PR Newswire.
All rights reserved