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

): This unit achieved record reported sales of $155.7 million for Q4 2007, but year-over-year growth comparisons were impacted by a very strong comparable quarter in 2006. Hitech products, including sales from recently acquired Epichem (February 2007), helped SAFC drive double-digit growth with commercial and industrial customers in European and CAPLA markets. Strong demand from pharmaceutical customers in the U.S. also continued. After stabilizing in Q2 2007, demand for industrial cell culture products declined for the second consecutive quarter in Q4 2007, reflecting the variable quarterly results from this product group. Booked orders for future delivery for all SAFC products remained in line with the record level achieved at September 30, 2007, and well ahead of the 2006 year-end level.

CAPLA: Efforts to grow sales in CAPLA markets at an even faster pace and to boost their overall contribution to 25% of total Company sales by 2010 led to reported and organic fourth quarter sales increases of 23.3% and 11.0%, respectively, with the Epichem acquisition (3.6 percentage points) and currency (8.7 percentage points) explaining the difference. Sales in these markets provided approximately 20% of total Q4 2007 sales and increased by one percentage point of worldwide sales for full year 2007 over 2006. Continued emphasis in the developing markets of India, China and Brazil provided reported growth ranging from approximately 35% to 50% in these focus markets for the full year.

INCOME ANALYSIS:

A reconciliation of currency adjusted proforma to reported net income and diluted earnings per share can be found in tabular form in the Supplemental Financial Information section on page 11.

Reported diluted EPS for 2007's fourth quarter of $.64, which includes a $.08 benefit from currency exchange rates, increased 20.8% over the $.53 reported for 2006's fourth quarter.

Gross profit, S,G&A expenses and operating and pretax income, all expre
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SOURCE Sigma-Aldrich Corporation
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