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In The News:

VWR Second-Quarter Sales Up 5%

VWR Funding Inc., the parent company of laboratory supplies and equipment distributor VWR International, Radnor, PA, reported second-quarter sales of $1.1 billion, a year-over-year increase of 5 percent. Profit for the period was $16.6 million, compared to a year-ago loss of $3.6 million.

Second-quarter sales in the Americas grew 2 percent to $614.8 million, and sales in EMEA-APAC grew 9 percent to $487.9 million.

For the first six months of 2014, sales were $2.2 billion, up 4 percent year-over-year. Profit grew 84 percent to $34 million.

Six-month sales in the Americas were relatively flat year-over-year at $1.2 billion. Sales in EMEA-APAC grew 10 percent to $976.1 million.

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