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FISHER SCIENTIFIC INTERNATIONAL QUARTERLY RESULTS

 HAMPTON, N.H., July 22 /PRNewswire/ -- Continuing to achieve improved results, Fisher Scientific International Inc. (NYSE: FSH) for the three months ended June 30, 1993 posted net income of $8.6 million, or 52 cents per share, up 32 percent from net income of $6.5 million, or 41 cents per share, for the second quarter of 1992.
 Fisher, the oldest and largest provider of instruments, equipment and other products to the scientific community in North America, had sales of $240.9 million in the latest quarter, a gain of 19 percent from sales of $201.8 million for the April-June period of
 "Fisher's higher earnings reflect continuing demand for the company's broadly based product lines serving the life sciences and other growth markets, as well as the ongoing benefits of measures to control selling and administrative expenses," Paul M. Montrone, president and chief executive officer, commented.
 For the first six months of 1993, net income increased 28 percent to $14.6 million, or 89 cents per share, from net income of $11.4 million, or 73 cents per share, in the first half of last year. Sales increased 18 percent to $469.1 million from $397.6 million in the corresponding period of last year.
 FISHER SCIENTIFIC INTERNATIONAL INC.
 FINANCIAL HIGHLIGHTS
 (in millions, except per share amount)
 Three Months Ended Six Months Ended
 June 30, June 30,
 1993 1992 1993 1992
 Sales $240.9 $201.8 $469.1 $397.6
 Cost of sales 167.6 138.6 327.4 271.5
 Selling, general and
 administrative expense 58.0 52.0 115.4 104.3
 Income from operations 15.3 11.2 26.3 21.8
 Interest and other (income)
 expense, net (.1) (.1) .4 1.4
 Income before income
 taxes 15.4 11.3 25.9 20.4
 Income tax provision 6.8 4.8 11.3 9.0
 Net income 8.6 6.5 14.6 11.4
 Net earnings per common
 share (primary and
 fully diluted) 52 cents 41 cents 89 cents 73 cents
 Weighted average
 common shares
 outstanding (a) 16.5 16.0 (b) 16.5 15.6
 NOTES:
 (a) Primary and fully diluted net earnings per common share amounts are based on an increased number of shares that would have been outstanding assuming conversion of outstanding stock options. Primary and fully diluted net earnings per common share have been calculated assuming conversion of the company's outstanding stock options using the treasury stock method.
 (b) Reflects Fisher's March 1992 sale of 975 shares of common stock in connection with the sale by Fisher's former parent of its remaining 6.5 million shares of Fisher Common Stock.
 -0- 7/22/93
 /CONTACT: Norman Ritter of Fisher Scientific, 603-929-2322/
 (FSH)


CO: Fisher Scientific International ST: Massachusetts IN: MTC SU: ERN

CM -- NE012 -- 4669 07/22/93 14:50 EDT
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Date:Jul 22, 1993
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