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Johnson & Johnson Reports Q4 2011 Financials

Posted: January 24, 2012

Johnson & Johnson announced sales of $16.3 billion for the fourth quarter of 2011, an increase of 3.9% as compared to the fourth quarter of 2010. Operational sales increased 4% and the negative impact of currency was 0.1%. Domestic sales declined 3.4%, while international sales increased 10.2%, reflecting an operational increase of 10.4% and a negative currency impact of 0.2%. Worldwide sales for the full-year 2011 were $65 billion, an increase of 5.6% versus 2010. Operational sales increased 2.8% and the positive impact of currency was 2.8%. Domestic sales declined 1.8%, while international sales increased 12.4%, reflecting operational growth of 7% and a positive currency impact of 5.4%.

“We delivered solid results for 2011, built on the strong growth of our recently launched pharmaceutical products, and continued the steady momentum of new product approvals across all our businesses,” said William C. Weldon, Johnson & Johnson chairman and CEO.

The worldwide consumer division saw sales of $14.9 billion for the full-year 2011, representing an increase of 2% over the prior year and consisting of an operational decline of 0.7% and a positive impact from currency of 2.7%. Domestic sales decreased 6.7%; international sales increased 7.3%, which reflected an operational increase of 2.9% and a positive currency impact of 4.4%.

Positive contributors to operational results were international sales of over-the-counter medicines; Neutrogena skin care products; baby care products; and Listerine antiseptic mouth rinse.

For more information, visit the Johnson & Johnson website.