Breaking News

J&Js Full Year 2008 SalesJump 4.3% to $63.7 Billion

November 30, -0001

Johnson & Johnson’s 2008 sales were $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%.

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% and the negative impact of currency was 3.9%. Domestic sales decreased 6.9%, while international sales dropped 2.7%, reflecting operational growth of 5.4%,.

Net earnings for the year were $12.9 billion, while net earnings for the fourth quarter of 2008 were $2.7 billion. Last year’s net earnings were not released in the report to offer a percentage comparison.

According to the company, sales for the year reflect the strong performance of skin care lines Neutrogena, Aveeno and Clean & Clear; international sales of baby care products; and Listerine antiseptic mouthrinse.

Also contributing to growth were sales from the recently completed acquisition of Dabao, a leading moisturizer in China, according to the company in its report.
blog comments powered by Disqus
  • Cosmetic Chemists Head to Orlando Next Month

    Cosmetic Chemists Head to Orlando Next Month

    September 26, 2016
    Organizing Chair Guy Padulo explains why you should attend the IFSCC Congress.

  • Restoring Rembrandt

    Restoring Rembrandt

    Christine Esposito, Associate Editor||September 26, 2016
    Ranir LLC has acquired Rembrandt, an iconic name in teeth whitening, and plans to make it a staple in the value segment.

  • Active Agents

    Active Agents

    September 19, 2016
    On the surface, surfactants may seem staid, but the market, and the supplier activity driving it, is bubbling.

  • Back to School

    Back to School

    Tom Branna, Editorial Director||September 1, 2016
    It may be September, but class was in session this summer during the Private Label Manufacturers Association’s Executive Educ

  • New Surfactants

    Tom Branna, Editorial Director ||September 1, 2016
    Here’s a list of new ingredients introduced by surfactant suppliers

  • What

    What's In Your Formula?

    Christine Esposito, Associate Editor||September 1, 2016
    A look at the ingredients beauty brands are using to fuel their formulations and capture consumers’ attention.