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Genomma Lab Internacional Announces Third Quarter and Nine Month 2008 Results

Saturday, October 25, 2008 General News
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MEXICO CITY, Oct. 24 Genomma Lab Internacional,S.A.B. de C.V. (BMV: LAB) ("Genomma" or "the Company"), a leading Mexicanover-the-counter ("OTC") pharmaceuticals and personal care products Company,announced today its results for the third quarter and nine month periods endedSeptember 30, 2008. All figures included herein were prepared in accordancewith Mexican GAAP; 2008 figures are stated in nominal Mexican pesos and 2007figures have been restated in constant Mexican pesos as of December 31, 2007.
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For the complete version of this earnings report, please visit:www.genommalab.com .3Q08 Highlights (vs. 3Q07) -- Net sales reached Ps. 712.4 million, an increase of 42.9%. -- Gross profit was Ps. 538.2 million, an increase of 45.3%. -- EBITDA(1) increased 40.2% to Ps. 201.8 million. -- Consolidated net income rose 32.4% to Ps. 150.7 million. -- Earnings per share(2) increased 109.8% to Ps. 0.80. -- During the third quarter, we successfully launched eight products under five existing brands (Base Brands(3) and Prior Year Launches(4)) as part of our line extension strategy. -- We also launched four products under two New Brands(5), as part of our new products launch plan during the third quarter.

SOURCE Genomma Lab Internacional
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