McKesson Corp. (NYSE: MCK), San Francisco, CA, reported sales for the third quarter ended Dec. 31, 2014, of $47 billion, a 37 percent increase from the same period a year ago. Profit for the quarter increased more than seven times over to $472 million from $65 million.
Distribution Solutions sales were up 38 percent to $46.3 billion, mainly due contribution from the company's acquisition of Celesio and market growth. Medical-Surgical distribution sales were up 7 percent for the quarter, while Technology solutions decreased 7 percent.
For the first nine months of the fiscal year, sales were $135.8 billion, a 36 percent increase from the previous year. The company reported a profit of $1.3 billion year-to-date, a 51 percent increase from the same period in 2013.