The 2020 Mid-Year Economic Update_long

AmerisourceBergen Sales Up 7.7% in Fiscal 3Q

Year-to-date sales increased 8.8 percent year-over-year.

AmerisourceBergen Corp. (NYSE: ABC), Valley Forge, PA, today reported sales for the third quarter ended June 30 of $36.9 billion, up 7.7 percent from the same period a year ago. Profit increased 63.3 percent to $349.8 million.

Pharmaceutical distribution sales were $35.4 billion, an increase of 8 percent compared to the same quarter the prior year. 

"Our most recent acquisitions, MWI Veterinary Supply and PharMEDium, have made strong contributions, and our specialty group delivered excellent performance," said Steven Collis, president and CEO.

For the first nine months of the fiscal year, sales were $109.3 billion, up 8.8 percent over the same period a year ago. The company reported a profit of $1.3 billion, compared to a loss of $499.2 million the prior year.

About the Author
Leave a Reply

Leave a Comment

Sign Up for the MDM Update Newsletter

The MDM update newsletter is your best source for news and trends in the wholesale distribution industry.

By subscribing, you are agreeing to MDM’s Privacy Policy.