MDM-Podcasts-launch
Need Help? (888) 742-5060

In The News:

AmericsourceBergen Second-Quarter Sales Up 38.6%

AmerisourceBergen Corp. (NYSE: ABC), Valley Forge, PA, reported sales for the second quarter ended March 31, 2014, of $28.5 billion, an increase of 38.6 percent. Profit increased 16.6 percent to $831.6 million.

Pharmaceutical distribution sales were $27.9 billion, an increase of 39 percent compared to the same quarter in the prior year. Operating profit rose 16 percent to $372.9 million.

“We delivered strong performance in our March quarter, as we continued to onboard substantial new business, and made significant progress against our strategic objectives.” said Steven H. Collis, president and CEO. “We continued to make important investments in our business for the long-term, including signing a definitive agreement to acquire a minority stake in Profarma Distribuidora de Produtos Farmacêuticos S.A. of Brazil.”

For the first six months, sales were $57.6 billion, up 38.6 percent. Profit increased 3 percent to $1.4 billion.

© 2019 Gale Media, Inc.

Please do not reprint MDM's content on your website without MDM's express permission as it is copyrighted material. To gain permission, email us, or call 1-888-742-5060. For information on PDF or print reprints, visit www.mdm.com/reprints. MDM welcomes inbound links from your site. Please cite Modern Distribution Management.

2018-top-distributors-listThe 2018 Top Distributors List

This free PDF includes lists of top distribution companies across 14 sectors.

You will also receive MDM Update, our daily distribution e-newsletter & other distribution-focused content.

Download the Free PDF now >>


MDM-UpdateMDM Update: Daily Newsletter 

Sign up to read the best source for news & trends in wholesale distribution, MDM Update. Delivered daily to your inbox. 

Sign-up for MDM Update >>

Partner Center