Ivax
This article was originally published in The Rose Sheet
Executive Summary
Personal care products business recorded income from operations of $3.1 mil. in the second quarter, up 65%. Net revenues from personal products dropped 3.7% in the quarter to $16.3 mil. For the half, personal products net revenues dropped 4.9% to $31.9 mil.; income from operations fell 1.5% to $5.9 mil. Ivax' personal care products subsidiaries include Johnson Products, Flori Roberts and Posner