WARSAW, Ind.--(BUSINESS WIRE)--Biomet, Inc. (“the Company”) announced today financial results for its first quarter ended August 31, 2014.
Consolidated net sales increased 6.0% to $774.8 million worldwide during the first quarter of fiscal year 2015, compared to net sales of $730.7 million during the first quarter of fiscal year 2014. Excluding the effect of foreign currency, consolidated net sales increased 5.6% during the first quarter. U.S. net sales increased 5.4% during the first quarter to $495.1 million, while Europe net sales increased 6.5% (3.2% constant currency) to $161.3 million and International (primarily Canada, Latin America and the Asia Pacific region) net sales increased 8.3% (10.0% constant currency) to $118.4 million. On a consolidated basis, the Company had the same number of selling days in the quarter compared to the prior year quarter.
Help employers find you! Check out all the jobs and post your resume.
