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Inverness results

This article was originally published in The Tan Sheet

Executive Summary

FY 2003 net revenues jumped 42.5% to $296.4 mil., while fourth quarter net sales rose to $93.5 mil. from $65.1 mil in prior-year period, Inverness announces Feb. 18. The increases are primarily attributable to acquired businesses, the June launch of ClearBlue digital pregnancy test and the acquisition of Abbott Labs test kit lines, including Fact plus home pregnancy tests, Waltham, Mass.-based firm says. Inverness acquired products in September (1"The Tan Sheet" Oct. 6, 2003, p. 13)...

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