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owens & minor 1999ar
The document discusses Owens & Minor's 1999 annual report. Some key details: - Sales increased 3.4% for the year and 20.1% in the fourth quarter. Net income increased 38.9% for the year. - The company restored its sales volume after losing some business in 1998 and maintained profitability on new business. - For 2000, the company expects to grow revenues 8-10% while maintaining gross margin and lowering expenses to improve earnings by 13-15% or more. - Owens & Minor focuses on operational excellence, converting information to profits through technology solutions, and following patient care trends.
