Del Medical shows Q3 sales growth

Del Medical Systems Group turned in fiscal third-quarter 2004 sales of $17.4 million, up 29.8% compared with $13.4 million during the same period last year.

Operating income at the group increased to $1.6 million from $105,000 in the period a year earlier, according to parent company Del Global Technologies. The firm did not break out net income figures for the group.

The group contributed approximately more than two-thirds of net sales to its parent company in the third quarter (end-May 1). Sales growth for the Valhalla, NY-based Systems Group was attributed to higher international sales, which offset slightly lower domestic sales, as well as favorable exchange rates from its Villa Sistemi Medicali subsidiary, according to the company.

By AuntMinnie.com staff writers
June 16, 2004

Related Reading

Del Global gets SEC OK, June 2, 2004

SourceOne, Del expand distribution pact, April 22, 2004

Del Medical sales climb, March 16, 2004

Favorable currency effects boost Del revenues, November 4, 2003

Schneider takes helm at Del, October 13, 2003

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