The decline for the medical supply company year was primarily due to increased costs of resin, fuel and other raw materials, combined with the significant decline in volumes in the latter part of the year, offset by the impact of selling price increases evergrren herbs and medical supplies and cost reduction initiatives. Excluding incremental revenue Infrared Sauna
- from 2007 acquisitions, as well as a $20 million impact of unfavorable foreign currency ecg medical suppliers san jose translation, as the U.S.
Adjusted for this goodwill impairment. For the full year, 2008 net sales increased 4.1% to $1.019 billion as compared to $979.4 million in 2007. The Company generated an operating loss in the fourth quarter of 2008 evergreen medical supplies of $12.3 million, compared to operating hospital supplies income of $4.9 million for the fourth quarter of 2007. Pregis Announces Fourth Quarter and medical supplies
- Full Year 2008 Financial Results DEERFIELD, Ill., / / -- Infrared Sauna Pregis Corporation, a leading international manufacturer, marketer, and supplier of protective packaging products and specialty packaging solutions, today announced its 2008 medical supply companies fourth quarter hollister medical supplies in miami and full year financial results. Gross profit margin, as a percent of net sales, was 20.7% in the fourth quarter of 2008, compared to 23.9% in the fourth quarter of 2007.
For the full year, our gross profit margin, as a mckeson medical supply company catalog percent of net sales, decreased to 21.6% for 2008 compared to 24.4% for 2007. The fourth quarter operating loss reflects a $19.1 million non-cash goodwill impairment charge medical suppliers within one of the Company's specialty packaging businesses sterling medical supplies columbus oh supplie columbu driven by the anticipation of a significant reduction in future revenue from a customer that had historically comprised a material portion of durable medical supplies the reporting unit's annual revenues.
The margin decline was primarily the result of decreased sales volumes due to weakened demand across our donating medical supplies in milwaukee segments, offset in part by the impact of selling price increases implemented in the third quarter of 2008 as well the impact of our 2008 cost reduction initiatives. wholesale medical supplies toilet seat For the fourth quarter of 2008, the Company generated net sales of $219.6 million, a decrease of 13.4% versus net sales of $253.7 million in the fourth quarter of medical supply company metal trash cans 2007. Excluding a $21 million impact of favorable foreign currency translation on a year-to-date basis and incremental revenue from 2007 acquisitions, 2008 net sales decreased 1.1%. Dollar strengthened significantly against the euro and pound sterling, net sales for the quarter decreased 6.8%.