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Sigma-Aldrich (Nasdaq: SIAL) Annual Sales Surpass $2 Billion Mark.
Date:2/12/2008

secutive quarter and both combined to offset

performance shortfalls in our other units. Research Biotech made

continued progress toward its full long-term potential as the

activities we've added to boost sales growth for this unit helped it

deliver the 6% organic growth we had projected for the second half of

the year. And, SAFC turned in its highest reported quarterly sales

results of 2007, with contributions from both its core businesses and

2007 acquisitions;

-- Increasing reported and adjusted sales growth in CAPLA (Canada, Asia

Pacific and Latin America) markets by 23.3% and 11.0%, respectively, in

Q4 2007. Reported quarterly sales growth in our primary focus markets

of China, India and Brazil remained robust, with efforts to increase

our presence in all these markets through new sales initiatives. In

China, the construction of our first manufacturing site remains on

schedule;

-- Maintaining sales from web-based ordering through our industry-leading

web site at 40% of worldwide Q4 2007 Research based sales, enabling us

to meet our year end 2007 goal;

-- Beating our annual goal for savings from process improvement for the

6th consecutive year, with $15.2 million in reported savings. These

benefits, excluding the adverse impact of higher currency rates on

operating costs outside the U.S., were even more robust at

$22.3 million, continuing our long-term pattern of redirecting savings

to more productive, customer-facing activities; and

-- Continuing to successfully integrate exciting new capabilities in our

Research Biotech and SAFC business units. Efforts through our

partnership with Sangamo Biosciences to fully exploit their leadership

position in zinc finger protein technology are beginning to build a

pipeline of orders
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SOURCE Sigma-Aldrich Corporation
Copyright©2008 PR Newswire.
All rights reserved

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