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PIP achieves 65.7% revenue growth in the second quarter.

Women's Health Weekly

| February 05, 2004 | COPYRIGHT 2004 NewsRX. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

2004 FEB 5 - (NewsRx.com & NewsRx.net) -- Heritage Worldwide, Inc., (HWWI), a worldwide breast-implant developer through its French subsidiary PIP, announced a significant increase in revenues for its fiscal 2003/2004 second quarter ended December 31, 2003.

The company announced preliminary results for the second quarter of fiscal 2003/2004 which included a revenue increase of $1,030,686, or 65.7%, to $2,600,542 from $1,569,856 in the second quarter of fiscal 2002/2003. The 65.7% rise in revenues is based on the exchange rate in effect on December 31, 2002. If adjusted for currency fluctuations between the U.S. dollar and the Euro subsequent to that date, the increase in revenues is 118.4%.

The company estimates that revenues increased by approximately 38% on the ...

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Source: HighBeam Research, PIP achieves 65.7% revenue growth in the second quarter.

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