Henry Schein 2006 Annual Report Download - page 4

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from continuing operations increased
by 21.3% and earnings per diluted
share from continuing operations
grew by 19.3%. Each of our four
business groups posted market share
gains for the year with sales of $2.14
billion for Dental, $1.52 billion for
Medical (including Animal Health),
$1.4 billion for International, and $98
million for Technology.
These financial results were
supported by many operational
achievements throughout the year,
with the continued implementation of
global corporate programs in human
resources, information technology,
inventory management, distribution
and other key operational areas.
In 2006, our Company continued
to grow through several strategic
acquisitions: NLS Animal Health, a
full-service animal health distribution
business, which significantly enhanced
our presence in the U.S. veterinary
market; Darby Medical Supply, which
provides medical supplies and
pharmaceuticals to U.S. medical
practices; Island Dental, a full-service
U.S. distributor of dental merchandise
and equipment; Darby Dental
Laboratory Supply, a distributor that
has been serving the U.S. dental lab
community for more than 50 years;
and Provet Holding AG, the leading
animal health distributor in Switzerland,
which greatly expanded our European
Animal Health operations.
We added new products to our
growing list of exclusive offerings:
state-of-the-art dental radiography
products from Imaging Sciences
International, including the i-CAT™
Cone Beam 3-D Imaging System; the
complete line of BIOLASE®dental laser
systems, including the Waterlase MD™,
the industry’s leading “all-tissue” dental
laser system; and the Milestone Single
Tooth Anesthesia™ system.
We celebrated several public
achievements during the year. Henry
Schein climbed to the FORTUNE 500
list and is now number 438. We have
been included in the FORTUNE list of
America’s Most Admired Companies
for three consecutive years, and each
2
HENRY SCHEIN
“On a long journey such as ours, a significant milestone such as