Bergen Brunswig Profits Skid

Bergen Brunswig Corp., hit by intense competition in the medical supply business, reported net income of $2.9 million for the first quarter of fiscal 1987, a 53% drop from the $6.2 million that it reported for the same period a year earlier. Revenue for the quarter, which ended Nov. 30, rose 11% to $845.7 million from $760.3 million a year earlier.

The diversified company had record revenue and earnings for its consumer electronics distribution division, primarily from sales of prerecorded videocassettes, said Emil P. Martini, chairman and chief executive.

But heavy competition in the health-care field caused lower-than-planned medical supply sales and earnings for its health services division, he said.

To boost profits, Orange-based Bergen Brunswig has been lowering its operating and interest expenses by consolidating facilities and integrating recent acquisitions in the drug and health-care segment, Martini said.