Henry Schein has reported record financial results for its 2011 fourth quarter (end-December 31, 2011) and the year, revealing that net sales of $8.5 billion for the year increased 13.3% compared with 2010.
This was the first time Henry Schein topped $8.5 billion in sales, according to Chairman and CEO Stanley Bergman.
The company reported sales of $2.3 billion for the quarter, a 15.6% increase over the fourth quarter of 2010. Net income for the quarter was $104.7 million, up 12.6% compared with the fourth quarter of 2010.
North American dental sales of $806.6 million increased 11.9%, including internal growth of 4.5%.