Young Innovations reports record sales in 2010

Young Innovations reported sales of $25.9 million for the fourth quarter of 2010 (end-December 31), an increase of $1.3 million, or 5.4%, from the $24.5 million reported in the fourth quarter of 2009.

Net income for the quarter increased 6.8% to $3.8 million, compared with $3.5 million in the fourth quarter of 2009.

The company credits increased demand for its diagnostic products and also steady demand for consumables products for the overall increase in sales for the fourth quarter.

Sales for the year were $102.8 million, up 5.2% from $97.7 million in 2009. Net income for 2010 was $14.9 million, up 10.8% from $13.5 million in the prior year.

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